Federal · Title 12 — Banks and Banking

12 U.S.C. § 248c: Master account and services database

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The term “access request” means a request to a Federal reserve bank for access to a reserve bank master account and services, including any written documentation or formal indication that an entity intends to seek access to a reserve bank master account and services. a foreign state, as defined in section 632 of this title ; a central bank, as defined in section 632 of this title , other than a commercial bank; a public international organization entitled to enjoy privileges, exemptions, and immunities as an international organization under the International Organizations Immunities Act ( 22 U.S.C. 288 et seq.); and any governmental entity for which the Secretary of the Treasury has directed a Federal reserve bank to receive deposits as fiscal agent of the United States under section 391 of this title . receives deposits for an entity other than an official accountholder; or provides any service under section 248a(b) of this title to an entity other than an official accountholder. a list of every entity that currently has access to a reserve bank master account and services, including the date on which the access was granted to the extent the date is knowable; was submitted; and was approved, rejected, pending, or withdrawn; and an insured depository institution, as defined in section 1813 of this title ; an insured credit union, as defined in section 1752 of this title ; or a depository institution that is not an insured depository institution or an insured credit union. Not less frequently than once every quarter, the Board shall update the database to add any new information required under paragraph (1). Not later than 180 days after December 23, 2022 , the Board shall publish the database with the information required under paragraph (1).

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