FRB Rule on Inclement Weather Closing

Answered by:

Question:

Does the Federal Reserve Board have a rule governing the hours of bank operations during inclement weather?

Answer:

If you are regulated by the Federal Reserve Board that means that you are a state chartered bank. You are going to have to refer to the banking laws or regulations of your state governing your operations.

First published on BankersOnline.com 3/09/09