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Fed revises Reg CC for check routing
Jan. 6, 2010 – Revisions to
routing number information under the Federal Reserve Board’s final round
of check-processing restructuring were published in yesterday’s Federal
Register and take effect Feb. 27.
The information revises the Fed’s Regulation CC and reflects the
completion of the consolidation of all check-processing operations to the
head office of the Federal Reserve Bank of Cleveland. It reassigns routing
symbols currently listed under the Atlanta Fed, the last facility that
will cease processing, to the Cleveland Fed.
With this change, there will be only a single check-processing region
for purposes of Regulation CC, and no check will be treated as “nonlocal.”
The Fed reminds that Reg CC requires institutions speeding up availability
schedules to notify their consumer account holders within 30 days of those
changes.
The Fed’s financial services office issued a release detailing the
final consolidation and how to transition items that normally would be
headed to the Atlanta office. That and the final Reg CC revisions are
linked below. | 
