Comments Due to NAFCU: Federal Reserve System - Funds Transfers Over FedNow and Regulation J Amendments

Important Regulatory Dates Add to Calendar 2021-07-26 17:00:00 2021-07-26 17:00:00 Comments Due to NAFCU: Federal Reserve System - Funds Transfers Over FedNow and Regulation J Amendments NAFCU would like to highlight the following: The proposed amendments would establish a subpart C of Regulation J that would govern funds transfers through the Federal Reserve Banks’ (Reserve Banks) new FedNow Service. FedNow will become available in 2023 and pricing information has not yet been disseminated by the Federal Reserve. Comments due to NAFCU: July 26, 2021 Comments due to the Fed: August 10, 2021 Comment now   NAFCU will send comments on behalf of its members to the Federal Reserve by their deadline (July 26, 2021). Location NAFCU digital@nafcu.org America/New_York public

NAFCU would like to highlight the following:

  • The proposed amendments would establish a subpart C of Regulation J that would govern funds transfers through the Federal Reserve Banks’ (Reserve Banks) new FedNow Service.
  • FedNow will become available in 2023 and pricing information has not yet
    been disseminated by the Federal Reserve.

Comments due to NAFCU: July 26, 2021

Comments due to the Fed: August 10, 2021

Comment now  

NAFCU will send comments on behalf of its members to the Federal Reserve by their deadline (July 26, 2021).