ReserveCalc

ReserveCalc is a new software application from the Federal Reserve that allows you to view your reserve maintenance information from your own PC. ReserveCalc connects you to the Fed through the Internet, giving you access to your reserves data around the clock, 365 days a year. Instead of waiting for scheduled reports, you can access ReserveCalc anytime.

Drill Down Into Your Requirement and Position Reports

ReserveCalc provides all the information in your current Reserve Requirement and Position reports. It also allows you to drill down into the report items for comprehensive information. You can view detailed as-of adjustments data, close-of-business account balances and your reservable liabilities—calculated from your weekly or quarterly FR2900 report—that form the basis of your reserve requirement and ongoing position management.

Consult the Balance Calculator

An additional feature of ReserveCalc is the Balance Calculator, which helps you calculate the balances you need to hold each day to achieve a zero net position. It updates automatically every day after your close-of-business account balance has been recorded and as-of adjustments processed by the Reserve Bank. The Balance Calculator considers all reserve maintenance tools available to you, including carryover and the clearing balance band. It is also an interactive decision making tool. You can enter estimated future account balances to determine your net position under different scenarios, or you can calculate the effect of an anticipated as-of adjustment on your required balances.