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Fiscal Agency Services

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Fiscal agency services
Services performed by the Federal Reserve Banks for the U.S. government. These include maintaining deposit accounts for the Treasury Department, paying U.S. government checks drawn on the Treasury, and issuing and redeeming savings bonds and other government securities.

Fiscal Agency Services
Services that Federal Reserve Banks perform for the United States government. The most important of these services include maintaining the Treasury Department's bank accounts and issuing and redeeming Treasury securities.


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The trust bank currently provides asset securitisation-related services for corporate clients, including asset trustee, cash management and fiscal agency services.
The Federal Reserve is responsible for conducting monetary policy, supervising and regulating certain financial institutions, promoting the efficiency and integrity of the payments system, and providing fiscal agency services to the Treasury and other government agencies at their direction.
Under the terms of the agreement Union Securities will provide ongoing fiscal agency services, equity financing, and other like services to Columbia.
 
 
 
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