Code of Federal Regulations · Section

§ 351.86 — What Is The Role Of Federal Reserve Banks And Branches?

31 C.F.R. § 351.86

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(a) Federal Reserve Banks and Branches are fiscal agents of the United States. They are authorized to perform such services as we may request of them, in connection with the issue, servicing and redemption of Series EE bonds.

(b) We have currently designated the following Federal Reserve Offices to provide savings bond services:

31 C.F.R. § 351.85 31 C.F.R. § 351.87

Authorizing Statute

Departmental regulations
5 U.S.C. § 301
Savings bonds and savings certificates
31 U.S.C. § 3105
Federal reserve banks as Government depositaries and fiscal agents
12 U.S.C. § 391