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Reserve Banks Offer Products
for Check 21 Rollout |
| As financial institutions prepare for the Oct. 28 launch of the Check Clearing for the 21st Century Act, Federal Reserve Banks have introduced a suite of products to ease the transition. |
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Fed Responds to Declining Paper Check Volumes |
| The Federal Reserve Banks have announced further changes to increase the efficiency of their check processing operations by discontinuing check processing at nine sites and shifting volume to other sites. |
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Bank Regulators Watch Real Estate Market Closely |
| As real estate loans have grown as a proportion of banks’ assets, bank regulators are keeping a wary eye on how rising interest rates will affect the real estate sector. |
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