Sec. 6617. Access to the discount window of the Federal Reserve System for MDIs and CDFIs
63 words·~1 min read·
/bill/117/hr/7900/pcs/section-6617A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Within 1 year after the date of enactment of this Act, the Board of Governors of the Federal Reserve System shall establish a process under which minority depository institutions and community development financial institutions may have access to the discount window, at the seasonal credit interest rate most recently published on the Federal Reserve Statistical Release on selected interest rates (daily or weekly).