Skip to Main Content



The Credit Risk Management unit administers daylight and overnight credit to Fifth District depository institutions through our discount window, payment system risk, condition monitoring and collateral functions.

Collateral is required to obtain access to the discount window and to hold U.S. Treasury tax deposits via the Treasury Tax and Loan program. Collateral may take many forms: Borrower-in-Custody; National Book-Entry System (NBES) account securities; third party custodian arrangements; securities held at the Depository Trust Corporation; and collateral held on the Reserve Bank premises. BIC collateral allows depository institutions the flexibility to pledge loans that are held on their premises to the Reserve Bank. Collateral analysts assess risks associated with the institution's collateral during its on-site reviews. Collateral analysts analyze and determine the eligibility of assets (both loans and securities) submitted for pledge to the Reserve Bank.

Contact Us

Toll free: 1-800-526-2036

Additional Resources

phone Contact Us