Correspondent Services

Reg D Reserve Funding

On behalf of its member credit unions, Catalyst can manage credit union Regulation D reserve funds and reduce the number of transfers necessary to meet this requirement.

Reg D requires credit unions with transaction accounts or non-personal time deposits to reserve a set amount of assets at their regional Federal Reserve Bank. As an alternative to maintaining individual Reg D reserve balances at the Fed, Catalyst enables credit unions to fund Reg D reserves through Catalyst's Federal Reserve Bank of Dallas account. Funds are transferred from the credit union's Catalyst Cash Management Fund into a Reg D share account.

Catalyst deducts a portion of the interest paid by the Fed on the account and passes the remaining interest to the credit union.

To put this service to work for your credit union, email an account executive at contactus@catalystcorp.org or call 800.442.5763.

Overview
Domestic Collections
International Check Collection
International Currency Service
International Drafts
Reg D Reserve Funding
Contact Us