Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Fed releases 2013 financial reports
WASHINGTON (3/17/14)--The Federal Reserve System Friday released the 2013 combined annual financial statements for the Federal Reserve Banks, as well as statements for the 12 individual Federal Reserve Banks, the consolidated variable interest entities that were created to respond to strains in financial markets, and the Fed Board of Governors.
 
The financial statements are audited annually by an independent auditing firm.
 
The Fed said in a release that:
  • The Federal Reserve Banks' 2013 earnings, inclusive of other comprehensive income, were $81.4 billion.
  • The Reserve Banks provided for remittances to the U.S. Treasury of $79.6 billion.
  • Interest income on securities acquired through open market operations--U.S. Treasury securities, government-sponsored enterprise (GSE) debt securities, and federal agency and GSE mortgage-backed securities (MBS)--totaled $90.4 billion, an increase of $9.9 billion over the previous year.
Use the resource link to read more.
RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
1 Day ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
1 Day ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
1 Day ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
1 Day ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
1 Day ago