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  • Fed Funds

    Detailed information about Fed Funds including the current rate.

     

    Act Now!

    Call us at 314.862.8300 for more information

    Purchased Program Highlights:

    • Competitive daily rates, based upon the average opening overnight Fed Funds quotations in the marketplace, prior to 9:00 A.M. CST
    • Daily rate broadcasts via fax or email delivery
    • Monthly recap of daily rates offered, upon request
    • No incoming wire charges for funds directed to the Fed Funds Purchased program
    • Fed Funds purchased via the Central Bank of St. Louis same-day, end-of-day fully automated Correspondent Sweep Program
    • Daily confirmation of Fed Funds and earnings
    • Automatic delivery of the Central Capital Markets daily "Market Outlook" via email or fax delivery

    Checklist:

    • Correspondent Bank Fed Funds Account Set-up form completed
    • Corporate Authorization Resolution
    • Form W-9, Request for Taxpayer Identification Number and Certification
    • Correspondent Bank Fed Funds Sweep Agreement
    • Corporate Signature Card
    • Funds Transfer Agreement