Looking Ahead at Phase Two of the Fed’s Check Restructuring

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Update on Cash Operations Consolidations

We Need Your Help to Reach the Right Audience

Federal Reserve Banks Are Prepared for Check 21

Destination Check 21: An Online Road Map for Winning Check 21 Strategies

Times of Change Call for Effective Communication and Increased Awareness

Next Issue: Saying Goodbye to Payments Quarterly

Reserve Notes

Fed Contacts

“We’re Here To Serve” Campaign Update

We are continuing to distribute We’re Here To Serve fliers each month to check customers via outgoing cash letters. Look on the Fourth and Eighth districts’ web sites under Services for Financial Institutions, then Check Operations, to view all past fliers. By giving customers easy access to helpful information, both Reserve banks hope to improve customer service and provide information that will be beneficial to our customers’ operations.

New Designs for Currency and Coin
Series 2004 $50 Note Now in Circulation

The Series 2004 $50 note went into circulation Sept. 28, 2004. The redesigned note has additional security features to stay one step ahead of counterfeiters and to protect the integrity of U.S. currency. A solid understanding of the new features will help your staff recognize counterfeit bills and help protect your financial institution against counterfeiters. To learn more about the new $50 note or to order free educational materials, visit the Bureau of Engraving and Printing’s web site at www.moneyfactory.com/newmoney.

Wisconsin Commemorative State Quarter

The Wisconsin quarter is the fifth and final commemorative state quarter to be released in 2004. It is the 30th in the United States Mint’s 50 State Quarters^® Program, which at year-end will be halfway through the 10-year initiative. The first quarter to be released in 2005 will be for California. To learn more about this program, visit www.usmint.gov/mint_programs/.

Westward Journey Nickel Series

The second commemorative nickel of 2004, which debuted in September, features an angled, side view of the vessel that transported members of the Lewis and Clark expedition and their supplies through the rivers of the Louisiana Territory in search of a northwest passage to the Pacific Ocean. Three new designs will be featured in 2005 as part of the Westward Journey Nickel Series^TM. To learn more, visit www.usmint.gov/mint_programs/.

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