Federal Reserve releases results from two bank surveys on reserves and discount window
The Federal Reserve Board on Thursday released results from two surveys of senior financial officers at banks. The surveys focused on their views regarding discount window operating days and their strategies and practices for managing reserve balances. The first survey was conducted between January 30, 2026, and February 9, 2026, and included responses from banks with a median asset size of less than $5 billion. The second survey was conducted in collaboration with the Federal Reserve Bank of New York between March 20, 2026, and March 30, 2026. That survey included responses from banks that held around three-fourths of total banking system reserve balances at the time. The Senior Financial Officer Survey is used by the Board to gather information on banks’ reserve balance management strategies, expectations about balance sheet size and deposit balances, money market activity, and views on the discount window.
What’s reported
The Federal Reserve Board released results from two surveys of senior financial officers at banks.
The surveys examined views on discount window operating days and strategies for managing reserve balances.
The first survey was conducted January 30 – February 9, 2026, and included banks with median asset size below $5 billion.
The second survey was conducted March 20 – March 30, 2026, in collaboration with the Federal Reserve Bank of New York.
The second survey included banks holding about three-fourths of total banking system reserve balances at the time.
The Senior Financial Officer Survey is used by the Board to collect information on reserve management, balance sheet expectations, deposit balances, money market activity, and discount window views.
Sources: federalreserve.gov
