The Federal Reserve Board has published results from two Senior Financial Officer Surveys covering banks' views on discount window operating days and their strategies and practices for managing reserve balances. The survey instrument is used to gather information on reserve balance management, expectations for balance sheet and deposit levels, activity in money markets, and views regarding the discount window. The first survey was conducted from January 30, 2026 to February 9, 2026 and included responses from banks with a median asset size of less than USD 5 billion. The second survey, conducted with the Federal Reserve Bank of New York from March 20, 2026 to March 30, 2026, included responses from banks that held around three-fourths of total banking system reserve balances at the time of the survey.
Federal Reserve Board2026-05-14
Federal Reserve Board releases two bank surveys on discount window operating days and reserve balance management
The Federal Reserve Board published results from two Senior Financial Officer Surveys on banks’ views regarding discount window operating days and reserve balance management strategies and practices. The surveys collected information on reserve balance management, balance sheet and deposit expectations, money market activity, and discount window views from smaller banks and from institutions holding about three-fourths of total system reserve balances.