Regulation D Reserve
Catalyst Corporate can facilitate credit unions' compliance with Regulation D (Reg D) funding. Reg D requires credit unions with transaction accounts or non-personal time deposits to reserve a percentage of total assets at their regional Federal Reserve Bank. Credit unions can fund Reg D reserves through Catalyst Corporate's Federal Reserve Bank of Dallas account. Funds are transferred automatically from the credit union's Catalyst Corporate account into a Reg D share account.
Features & Benefits:
Funds are transferred automatically from the credit union’s Catalyst Corporate Cash Management Account into a Reg D share account.
- Catalyst Corporate deducts a portion of the interest paid by the Fed on the account and passes the remaining interest to the credit union.