Federal Reserve Financial Services

The Financial Services division of the Federal Reserve Banks is focused on meeting the evolving needs of payment system users, while remaining true to our longstanding mission to foster the integrity, efficiency and accessibility of the U.S. payment system.

Federal Reserve Financial Services provides services to banks, credit unions and savings and loans in the same way these depository institutions provide services to their customers. These services include collecting checks, electronically transferring funds, and distributing and receiving cash and coin.