A credit offered by the Federal Reserve under the seasonal credit program. Often given to smaller financial institutions that do not have access to national money markets where they can obtain credit to fund their community focused transactions. Seasonal credit is also given to organizations during periods where there are insufficient funds to the meet their operating expenses to ensure that the company remains in business.
Related information about seasonal credit:
- Seasonal Credit Program - Federal Reserve Bank of New York
The Federal Reserve's seasonal credit program provides depository institutions that lack access to national money markets with a reliable source of credit to ...
- Seasonal Credit Definition | Investopedia
Any type of credit arrangement that permits corporate borrowers to consistently pay their overhead and other expenses despite seasonal components of revenue ...
- Seasonal Credit: Definition from Answers.com
Seasonal Credit 1. Credit arrangement, usually a Line of Credit , allowing corporate borrowers to finance inventory and receivables, purchase supplies,
- What is seasonal credit rate? definition and meaning
Definition of seasonal credit rate: Credit rate which applies to loans of short duration provided to small lending institutions by a Central Bank for the purpose of ...
- Seasonal Credit - Federal Reserve Bank of St. Louis
he Federal Reserve's seasonal credit program provides depository institutions that ... access to national markets, the seasonal credit program provides a reli- ...
- Historica Seasonal Credit Interest Rates - Discount Window
The discount rate on seasonal credit takes into account rates charged by market sources of funds and ordinarily is re-established on the first business day of ...
- Seasonal Credit Program - The Federal Reserve Bank Discount ...
Please note: the information on this page is only for the Federal Reserve Bank of Chicago's Seasonal Credit Program. Information about your Federal Reserve ...
- FRB: Lending to depository institutions - Credit and Liquidity ...
Jul 30, 2012 ... The Federal Reserve's seasonal credit program assists small ... The interest rate applied to seasonal credit is a floating rate based on market ...