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August 14, 2008


Steve Van Beek

Wondering when your district will be affected? The Fed's January 2, 2008 press release contained an advance notice of tentative dates for restructurings. http://federalreserve.gov/newsevents/press/bcreg/20080102a.htm

The PDF attachment of the Federal Register announcement contains more detailed information - including a timeline.

Also, note that these are tentative dates. The Windsor Locks, CT office has a tentative date of First Quarter 2009, but the Fed announced that change last month with an effective date of September 20, 2008.

Keep an eye on those Fed press releases as they will generally give financial institutions a 60 day time period to change (as an added bonus you have 30 days after the effective date to send notice to your members).

Steve Van Beek

As I mentioned, the Fed has been consolidating their offices at a faster pace than originally announced. Here is a March 31, 2008 press release which indicates the revised "tentative" dates.


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