The Federal Reserve published findings from two surveys on banks’ discount window use and reserve balance strategies.
The Federal Reserve Board released results from two surveys of senior financial officers at banks, focusing on discount window operating days and reserve balance management strategies. The surveys aim to gather insights on banks’ expectations for balance sheet sizes, deposit balances, and money market activity.
The first survey, conducted between January 30, 2026, and February 9, 2026, included banks with a median asset size of less than $5 billion. The second survey, conducted with the Federal Reserve Bank of New York from March 20, 2026, to March 30, 2026, covered banks holding around three-fourths of total banking system reserve balances.
The Senior Financial Officer Survey is a tool used by the Fed to monitor reserve management practices and discount window perspectives across the banking sector.