Posted August 14, 2017
On Aug. 9, 2017, The Federal Reserve Board issued final guidelines which will be used for evaluating future joint account requests at Federal Reserve Banks. The guidelines, which are intended to provide consistency and transparency, will be made effective upon their publication in the Federal Register. While the guidelines outline broad considerations for the evaluation process, individual joint account requests will be considered on a case-by-case basis with more specifics and information required based upon the details of each particular request.
Click here to view the Board's Federal Register notice.