Federal Reserve check processing operations in Des Moines will move to Chicago on January 31. This will cause some formerly nonlocal checks to become local under Regulation CC's expedited availability rules.

Under an accelerated transition plan, the Cleveland Reserve Bank will become the single paper check processing and adjustments site and the Atlanta Reserve Bank will become the single electronic check processing site for the Federal Reserve System.

Next year's fee schedules for priced services are available.

Federal Reserve check processing operations in Memphis will move to Atlanta on July 19. This will cause some formerly nonlocal checks to become local under Regulation CC's expedited availability rules. The Reserve Banks have also accelerated their plans for reducing the number of locations that process checks.

Effective July 15, a bank that sends electronic data to a Reserve Bank for handling under Operating Circular No. 3 warrants that the data were captured from a check.

Federal Reserve check processing operations in Windsor Locks, Conn., will move to Philadelphia on Sept. 20. This will cause some formerly nonlocal checks to become local under Regulation CC's expedited availability rules.

Federal Reserve check processing operations in Cincinnati will move to Cleveland on October 18. This will cause some formerly nonlocal checks to become local under Regulation CC's expedited availability rules.

Federal Reserve check processing operations in Jacksonville will move to Atlanta on November 15. This will cause some formerly nonlocal checks to become local under Regulation CC's expedited availability rules.