>The Federal Reserve amended Regulation D to reflect the annual indexing of reserve requirements for 2016.
| Reserve Liability | Reserve Requirement |
| Net Transaction Accounts: | |
| $0 to $15.2 million (from $14.5 million) | 0% of amount |
| $15.2 million to $110.2 million (from $103.6 million) | 3% of amount |
| Over $110.2 million | $2,850,000 + 10% of the amount over $110.2 million |
| Nonpersonal time deposits | 0% |
| Eurocurrency liabilities | 0% |
Effective date: December 15, 2015
Compliance dates:
- The new low reserve threshold will apply to the fourteen-day reserve maintenance period that begins January 21, 2016.
- For institutions that report deposit data weekly, this maintenance period corresponds to the fourteen-day computation period that begins December 22, 2015.
- For institutions that report quarterly, this maintenance period corresponds to the seven-day computation period that begins December 15, 2015.
- The new value levels will be used to determine the frequency at which an institution submits deposit reports effective in either June or September 2016.
Credit unions should adjust their reserve amounts based on the new net transaction account balance thresholds.
