[Federal Register Volume 60, Number 103 (Tuesday, May 30, 1995)]
[Notices]
[Pages 28127-28151]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-12930]



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FEDERAL HOUSING FINANCE BOARD

[No. 95-N-04]


Prices for Federal Home Loan Bank Services

AGENCY: Federal Housing Finance Board.

ACTION: Notice of prices for Federal Home Loan Bank services.

-----------------------------------------------------------------------

SUMMARY: The Federal Housing Finance Board (Board) is publishing the 
prices charged by the Federal Home Loan Banks (Banks) for processing 
and settlement of items (negotiable order of withdrawal or NOW), and 
demand deposit accounting (DDA) and other services offered to member 
and other eligible institutions.

EFFECTIVE DATE: May 30, 1995.

FOR FURTHER INFORMATION CONTACT:
Edward J. Reedy, Acting Associate Director, Regulatory Oversight 
Division, (202) 408-2959; or Edwin J. Avila, Financial Analyst, (202) 
408-2871; Federal Housing Finance Board, 1777 F Street NW., Washington, 
D.C. 20006.

SUPPLEMENTARY INFORMATION: Section 11(e) of the Federal Home Loan Bank 
Act (Bank Act) (12 U.S.C. 1431(e)) authorizes the Banks (1) to accept 
demand deposits from member institutions, (2) to be drawees of payment 
instruments, (3) to engage in collection and settlement of payment 
instruments drawn on or issued by members and other eligible 
institutions, and (4) to engage in such incidental activities as are 
necessary to the exercise of such authority. Section 11(e)(2)(B) of the 
Bank Act (12 U.S.C. 1431(e)(2)(B)) requires the Banks to make charges 
for services authorized in that section, which charges are to be 
determined and regulated by the Board.
    Section 943.6(c) of the Board's regulations provides for the annual 
publication in the Federal Register of all prices for Bank services. 
The following fee schedules are for the five Banks which offer item 
processing services to their members and other qualified financial 
institutions. Most of the remaining Banks provide other Correspondent 
Services which may include securities safekeeping, disbursements, coin 
and currency, settlement, and electronic funds transfer, etc. However, 
these Banks do not provide services related to processing of items 
drawn against or deposited into third party accounts held by their 
members or other qualified financial institutions.
District 1.--Federal Home Loan Bank of Boston (1995 NOW/DDA Services)

(Services not provided)

District 2.--Federal Home Loan Bank of New York (1995 NOW/DDA Services)

(Does not provide item processing services for third party accounts)

District 3.--Federal Home Loan Bank of Pittsburgh (1995 NOW/DDA 
Services)

DPS Deposit Tickets--$0.5500 Per Deposit, Printing of Deposit Tickets

------------------------------------------------------------------------
Deposit items processed for volumes   Pass-through pricing varies-tiered
                of:                           by monthly volume         
------------------------------------------------------------------------
                    Deposit Processing Service (DPS)                    
                                                                        
------------------------------------------------------------------------
1-25,000...........................  0.0355 per item (transit)          
25,001-58,500......................  0.0349 per item                    
58,501-91,500......................  0.0344 per item                    
91,501-125,000.....................  0.0338 per item                    
125,001-158,500....................  0.0333 per item                    
158,501-191,500....................  0.0327 per item                    
191,501-over.......................  0.0322 per item                    
                                                                        
    Deposit Items Encoded (West)       Pricing varies-tiered by monthly 
                                            volume for volumes of:      
                                                                        
1-25,000...........................  $0.0292 per item                   
25,001-58,500......................  0.0287 per item                    
58,501-91,500......................  0.0282 per item                    
91,501-125,000.....................  0.0277 per item                    
125,001-158,500....................  0.0272 per item                    
158,501-191,500....................  0.0267 per item                    
191,501-over.......................  0.0262 per item                    
                                                                        
    Deposit Items Encoded (East)       Pricing varies-tiered by monthly 
                                            volume for volumes of:      
1-25,000...........................  $0.0313 per item                   
25,001-58,500......................  0.0308 per item                    
58,501-91,500......................  0.0303 per item                    
91,501-125,000.....................  0.0298 per item                    
125,001-158,500....................  0.0293 per item                    
158,501-191,500....................  0.0288 per item                    
191,501-over.......................  0.0283 per item                    
Deposit Items Returned.............  1.8500 per item                    
Deposit Items Photocopied..........  3.6500 per photocopy               
[[Page 28128]]
                                                                        
DPS Photocopies-Subpoena...........  18.0000 per hour of processing     
                                      time,                             
        plus.......................  0.2000 per photocopy               
Deposit Items Rejected.............  0.2300 per rejected item           
                                                                        
                (applicable to pre-encoded deposits only)               
                                                                        
------------------------------------------------------------------------
DPS Transportation (West)..........  8.3500 per pickup                  
DPS Transportation (East)..........  8.3500 per pickup                  
Return Check Courier Service.......  120.0000 per month                 
                                                                        
------------------------------------------------------------------------
                       Depository Account Services                      
                                                                        
------------------------------------------------------------------------
Mail Deposits ``On-Us'' Returns      $5.2500 per deposit                
 Deposited:                                                             
    Qualified Returns..............  0.4500 per item                    
    Raw Returns....................  1.9500 per item                    
Bond Coupon Collection.............  5.7500 per envelope                
Bond Coupon Returns................  14.0000 per coupon                 
Bond Collection:                                                        
    Bearer.........................  23.0000 per bond                   
    Registered.....................  31.0000 per bond                   
Deposit Transfer Vouchers..........  5.2500 per item Pass-through       
                                                                        
------------------------------------------------------------------------
Foreign Item Collection............                                     
                       Electronic Funds Transfers                       
                                                                        
------------------------------------------------------------------------
Incoming Wire Transfers............  $6.0000 per transfer               
Outgoing Wire Transfers............  9.0000 per transfer                
Foreign Wire Surcharge.............  30.0000 per transfer *             
Expected Wires Not Received........  Penalty Assessed **                
ACH Transaction Settlement (CR)....  0.2500 per transaction             
ACH Transaction Settlement (DR)....  0.2500 per transaction             
ACH Origination Items (CR).........  0.1500 per item                    
ACH Origination Items (DR).........  0.1500 per item                    
ACH Origination Record Set-Up......  1.5500 per record                  
ACH Origination Items Returned.....  5.0000 per returned item           
ACH Returns/NOC's-Facsimile........  2.0000 per transaction             
ACH Returns/NOC's-Telephone........  3.2500 per transaction             
ACH/FRB Priced Service Charges.....  0.2500 per transaction             
* Note: The amount of this surcharge will be added to the amount of the 
 outgoing funds transfer to produce a single total debit to be charged  
 to the customer's account on the date of transfer.                     
** Note: Standard penalty is equivalent to the amount of the wire(s)    
 times the daily IOD rate, divided by 360. If the wire not received     
 causes the Bank to suffer any penalty, deficiency, or monetary loss,   
 any and all related costs will also be assessed.                       
                                                                        
------------------------------------------------------------------------
                       Federal Reserve Settlement                       
                                                                        
------------------------------------------------------------------------
FRB Statement Transaction (CR).....  $0.5300 per transaction            
FRB Statement Transaction (DR).....  0.5300 per transaction             
Reserve Requirement Pass-Thru......  20.0000 per month (active)         
Correspondent Transaction (DR).....  0.5300 per transaction             
Direct Send Settlement.............  140.0000 per month                 
FRB Inclearing Settlement..........  140.0000 per month                 
                                                                        
------------------------------------------------------------------------
                         Demand Deposit Services                        
                                                                        
------------------------------------------------------------------------
Clearing Items Processed...........  $0.1400 per item                   
Clearing Items Fine Sorted (for      0.0700 per item                    
 return with Bank statements).                                          
Reconcilement Copies--Manual.......  0.0820 per copy                    
Reconcilement Copies--14 MagTape...  0.0480 per copy                    
Reconcilement MagTape Processing...  Pass-through                       
Reconcilement Copies--Voided.......  0.0350 Pass-through                
Check Photocopies--Mail............  3.6500 per photocopy               
Check Photocopies--Telephone/Fax...  4.4000 per photocopy               
Check Photocopies--Subpoena........  0.5220 per photocopy               
Stop Payment Orders................  16.2500 per item                   
FRB Return Items...................  0.4500 per item                    
FRB Return Items Over $2,500.......  6.0000 per item                    
Collections & Forgeries............  15.0000 per item                   
Imprinting of Standard Checks......  0.1000 per item                    
Non-Standard Imprinting............  Pass-through                       
Microfiche Copies..................  5.0000 per copy                    
Request for Fax/Photocopy..........  3.0000 per document                
                                                                        
------------------------------------------------------------------------
[[Page 28129]]
                                                                        
                     Proof Of Deposit (POD) Service                     
                                                                        
------------------------------------------------------------------------
Provides for outsourcing of all over-the-counter MICR document          
 processing.                                                            
                                                                        
Pricing is customer-specific, based upon individual service             
 requirements; please call your Marketing representative at (800) 288-  
 3400 for further information.                                          
                                                                        
------------------------------------------------------------------------
              Coin & Currency Service: Western Service Area             
                                                                        
------------------------------------------------------------------------
Currency Orders....................  $0.3550 per $1,000*                
Coin Orders........................  2.2500 per box                     
Currency Deposits..................  1.2000 per $1,000                  
Coin Deposits......................  1.8000 per standard bag            
Coin Deposits (Non-Standard).......  2.7500 per non-standard bag        
Coin Deposits (Unsorted)...........  8.5000 per mixed bag               
Food Stamp Deposits................  1.8000 per $1,000*                 
Coin Shipment Surcharge............  0.2500 per excess bag**            
C&C Transportation (Zone W1).......  15.7500 per stop                   
C&C Transportation (Zone W2).......  27.2500 per stop                   
C&C Transportation (Zone W3).......  36.0000 per stop                   
C&C Transportation (Zone W4).......  Negotiable***                      
                                                                        
------------------------------------------------------------------------
              Coin & Currency Service: Eastern Service Area             
                                                                        
------------------------------------------------------------------------
Currency Orders....................  $0.2800 per $1,000*                
Coin Orders........................  2.7500 per box                     
Currency Deposits..................  1.2000 per $1,000*                 
Coin Deposits......................  1.8000 per standard bag            
Coin Deposits (Non-Standard).......  2.7500 per non-standard bag        
Coin Deposits (Unsorted)...........  8.5000 per mixed bag               
Food Stamp Deposits................  1.8000 per $1,000*                 
Coin Shipment Surcharge............  0.2500 per excess bag**            
C&C Transportation (Zone E1).......  24.2500 per stop                   
C&C Transportation (Zone E2).......  34.5000 per stop                   
C&C Transportation (Zone E3).......  52.5000 per stop                   
C&C Transportation (Zone E4).......  Negotiable***                      
                                                                        
*Note: Charges will be applied to each $1,000 ordered or deposited, and 
 to any portion of a shipment not divisible by that standard unit.      
**Note: A surcharge will apply to each container (box/bag) of coin in an
 order/delivery after the first 20 containers.                          
**Note: Reserved for remote locations: delivery charges will be         
 negotiated with the courier service on an individual basis.            
                                                                        
------------------------------------------------------------------------
                      Check Processing (Inclearing)                     
                                                                        
------------------------------------------------------------------------
  Checks Processed for volumes of:   Pricing varies-tiered by monthly   
                                      volume                            
1-25,000...........................  $0.0422 per item                   
25,001-58,500......................  0.0397 per item                    
58,501-91,500......................  0.0372 per item                    
91,501-125,000.....................  0.0347 per item                    
125,001-158,500....................  0.0322 per item                    
158,501-191,500....................  0.0297 per item                    
191,501-350,000....................  0.0272 per item                    
350,001-500,000....................  0.0247 per item                    
500,001-over.......................  0.0222 per item                    
                                                                        
------------------------------------------------------------------------
             Full Backroom Service (Item Processing Charges)            
                                                                        
------------------------------------------------------------------------
  Truncated Checks for volumes of:    Pricing varies-tiered by monthly  
                                      volume                            
                                                                        
  Non-Truncated Checks for volumes     Pricing varies-tiered by monthly 
                of:                                 volume              
                                                                        
1-25,000...........................  $0.0555 per item                   
25,001-58,500......................  0.0540 per item                    
58,501-91,500......................  0.0525 per item                    
91,501-125,000.....................  0.0510 per item                    
125,001-158,500....................  0.0495 per item                    
158,501-191,500....................  0.0480 per item                    
191,501-350,000....................  0.0465 per item                    
350,001-500,000....................  0.0440 per item                    
500,001-over.......................  0.0415 per item                    
                                                                        
  Truncated Checks for volumes of:   Pricing varies-tiered by monthly   
                                      volume                            
                                                                        
1-25,000...........................  $0.0455 per item                   
25,001-58,500......................  0.0440 per item                    
58,501-91,500......................  0.0425 per item                    
91,501-125,000.....................  0.0410 per item                    
[[Page 28130]]
                                                                        
125,001-158,500....................  0.0395 per item                    
158,501-191,500....................  0.0380 per item                    
191,501-350,000....................  0.0365 per item                    
350,001-500,000....................  0.0340 per item                    
500,001-over.......................  0.0315 per item                    
                                                                        
------------------------------------------------------------------------
           Modified Backroom Service (Item Processing Charges)          
                                                                        
------------------------------------------------------------------------
  Non-Truncated Checks for volumes   Pricing varies-tiered by monthly   
                of:                   volume                            
                                                                        
1-25,000...........................  $0.0446 per item                   
25,001-58,500......................  0.0431 per item                    
58,501-91,500......................  0.0416 per item                    
91,501-125,000.....................  0.0401 per item                    
125,001-158,500....................  0.0386 per item                    
158,501-191,500....................  0.0371 per item                    
191,501-350,000....................  0.0356 per item                    
350,001-500,000....................  0.0331 per item                    
500,001-over.......................  0.0306 per item                    
                                                                        
  Truncated Checks for volumes of:   Pricing varies-tiered by monthly   
                                      volume                            
                                                                        
1-25,000...........................  $0.0346 per item                   
25,001-58,500......................  0.0331 per item                    
58,501-91,500......................  0.0316 per item                    
91,501-125,000.....................  0.0301 per item                    
125,001-158,500....................  0.0286 per item                    
158,501-191,500....................  0.0271 per item                    
191,501-350,000....................  0.0256 per item                    
350,001-500,000....................  0.0231 per item                    
500,001-over.......................  0.0206 per item                    
                                                                        
------------------------------------------------------------------------
                 Check Processing (Associated Services)                 
                                                                        
------------------------------------------------------------------------
Over-The-Counter Items.............  $0.1800 per item                   
Special Cycle Sorting..............  0.0210 per item                    
Mid-Cycle Statement (Purged).......  0.5200 per item (Min $2.60)        
Mid-Cycle Stmt. (Non-Purged).......  2.6000 per statement               
Check (NOW) Statement Processing:                                       
    Statements using Small           0.0575 per envelope                
     Envelopes.                                                         
    Statements using Custom          0.0940 per envelope                
     Envelopes.                                                         
    Statements using Large           0.5435 per envelope                
     Envelopes.                                                         
Additional Stuffer Processing......  0.0250 per stuffer                 
                                                                        
 (One stuffer per statement free--applicable to all additional stuffers)
                                                                        
Selective Stuffer Processing.......  0.0680 per statement               
Daily Report Postage...............  Pass-through                       
Statement Postage..................  Pass-through                       
Standard Return Calls..............  1.1000 per item                    
Automated Return Calls.............  0.2600 per item                    
FHLBLink Return Calls..............  0.9000 per item                    
Late Return Calls..................  2.2000 per item                    
FRB Return Items...................  0.4500 per item                    
FRB Return Items Over $2,500.......  6.0000 per item                    
Check Photocopies-Mail.............  3.6500 per photocopy               
Check Photocopies-Telephone/Fax....  4.4000 per photocopy               
Check Photocopies-Subpoena.........  0.5220 per photocopy               
Signature Verification Copies......  0.7500 per copy                    
Check Retrieval....................  1.5000 per item                    
MICRSort Option (Fixed Fee)........  26.0000 per month                  
MICRSort Option (per item).........  0.0300 per item                    
Check Reconcilement Service........  (See Separate Section)             
Collections & Forgeries............  15.0000 per item                   
                                                                        
MCPJ Microfiche Service............  0.0010 per item                    
                                     (Min. $15.00, Max $50.00)          
Microfiche Copies..................  5.0000 per copy                    
Microfilm Processing...............  5.2500 per roll                    
Microfilm Duplication..............  10.7500 per roll                   
Transportation.....................  Pass-through                       
                                                                        
------------------------------------------------------------------------
                      Statement Savings Processing                      
                                                                        
------------------------------------------------------------------------
Statements using Small Envelopes...  $0.0900 per envelope               
Statements using Custom Envelopes..  0.1211 per envelope                
[[Page 28131]]
                                                                        
Statements using Large Envelopes...  0.5511 per envelope                
                                                                        
------------------------------------------------------------------------
                       Check Reconcilement Service                      
                                                                        
------------------------------------------------------------------------
Reconcilement Items Processed......  $0.2250 per item                   
Stop Payment Orders................  10.0000 per item                   
Microfiche Copies..................  3.0000 per copy                    
Account Reconcilement..............  15.0000 per account                
                                                                        
*Note: Individual service charges are detailed in a monthly statement   
 provided specifically for this service. The net of these charges is    
 posted to Check Processing and appears as a single line item on the    
 monthly billing statement.                                             
                                                                        
------------------------------------------------------------------------
                           Account Maintenance                          
                                                                        
------------------------------------------------------------------------
Demand Deposit Accounts............  $21.5000 per month, per account    
Audit Confirmation.................  10.0000 per request, per account   
Cut-Off Statements.................  10.0000 per statement              
Paper Advice of Transactions (DTS).  1.0000 per statement               
                                                                        
------------------------------------------------------------------------
                        Account Overdraft Penalty                       
                                                                        
------------------------------------------------------------------------
Greater of $75.00 and interest on the amount of the overdraft           
(Rate used for calculation equal to the highest posted advance rate plus
 3.0%)                                                                  
Attention: Customers Receiving Transportation Charges Under Any Service 
Rates and charges relative to transportation vary depending on the      
 location of the office(s) serviced. Details regarding the pricing for  
 the transportation to/from specific institutions or individual         
 locations will be provided upon their subscription to that service.    
Surcharges may be applicable and will be applied to the customers as    
 effective and without prior notice.                                    
------------------------------------------------------------------------

District 4.--Federal Home Loan Bank of Atlanta (1995 NOW/DDA Services)

(Does not provide item processing services for third party accounts.)

District 5.--Federal Home Loan Bank of Cincinnati (1995 NOW/DDA 
Services)

                                                                                                                
                                                                                                                
                                             Demand Deposit Account                                             
                                                                                                                
----------------------------------------------------------------------------------------------------------------
Paid Items..................................................  $0.14                                             
Advice Reconciliation.......................................  0.06                                              
Magnetic Tape Reconciliation................................  0.06                                              
Stop Payments...............................................  10.00                                             
Wire Transfers--In..........................................  2.00                                              
Wire Transfers--In with Telephone Confirmation..............  4.00                                              
Wire Transfers--Out.........................................  5.00                                              
Charges.....................................................  0.15                                              
Credits.....................................................  0.15                                              
Photocopies.................................................  1.00                                              
Fine Sorting................................................  0.01                                              
Large Dollar Return Notification............................  2.00                                              
Check and Money Order Truncation............................  No charge                                         
ACH Return and Notification of Change.......................  1.00                                              
Facsimile Transmission of ACH Detail and Advices............  1.00 per page ($10.00 monthly minimum)            
Custodial Account Maintenance...............................  10.00/mo./acct.                                   
Settlement Agent with Federal Reserve:                                                                          
    ACH.....................................................  $100.00/active month                              
    Treasury Tax and Loan...................................  100.00/active month                               
    Bond Activity...........................................  100.00/active month                               
    Currency and Coin.......................................  100.00/active month                               
    Security Purchases......................................  100.00/active month                               
    Check Deposit Activity..................................  300.00/active month                               
    Check Deposit Returns Only..............................  50.00/active month                                
    NOW Activity............................................  300.00/active month                               
    Credit Card Activity....................................  100.00/active month                               
    Contemporaneous Reserve.................................  50.00/active month                                


------------------------------------------------------------------------
                                            Contractural  Daily return--
         Basic service items/month              fees          sorted    
------------------------------------------------------------------------
                        Inclearings/Now Accounts                        
a. 1-50,000...............................  ............        $0.0320 
b. 50,001-100,000.........................  ............          .0200 
c. 100,001-200,000........................  ............          .0100 
[[Page 28132]]
                                                                        
d. 200,001-400,000........................  ............          .0085 
e. 400,001-and over*......................  ............          .0070 
------------------------------------------------------------------------


------------------------------------------------------------------------
                                                  Without               
                  Truncation                     statement    Statement 
                                                  stuffing     stuffing 
------------------------------------------------------------------------
a. $.0340.....................................      $0.0370      $0.0530
b. .0240......................................        .0270        .0510
c. .0140......................................        .0180        .0470
d. .0090......................................        .0110        .0400
e. .0070......................................        .0090        .0250
------------------------------------------------------------------------
* Subject to regional operations considerations.                        


                                                                                                                
                                                                                                                
                                                Special Services                                                
                                                                                                                
----------------------------------------------------------------------------------------------------------------
1. Check Retrieval or Inspection of Original Item...........  $1.50                                             
2. Photocopy................................................  $1.00                                             
3. Advertising Insertion....................................  $0.02 per item                                    
4. Posted--On Us                                                                                                
    a. With FHLB encoding...................................  $0.03 per item                                    
    b. Without FHLB encoding................................  $0.01 per item                                    
5. Statement Stuffing Service for Truncated Statement.......  $0.01 per statement                               
6. Additional Sorting Upon Request                                                                              
    a. Fine Sorting.........................................  $0.005 per item                                   
    b. Cycle Sorting........................................  $0.005 per item                                   
7. Large Dollar Return Notification.........................  $2.00 per item                                    
8. Return Items Processed by Bank                                                                               
    a. First 1,000..........................................  $1.75                                             
    b. All Others...........................................  $0.75                                             
    c. Qualification Requirements of EFAA...................  No Charge                                         
9. Return Items Processed by NOW User Qualification           $.50 per item                                     
 Requirements of EFAA.                                                                                          
10. Return Item Clearing Fee................................  $FRB Pass-Thru                                    
11. Special Processing Requests.............................  Negotiable                                        
12. Discount for Check Deposit Users........................  5% off Basic Service Fees                         
13. Discount for Credit and Disbursement Users..............  5% off Basic Service Fees                         
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                                 Check Deposits                                                 
                                                                                                                
----------------------------------------------------------------------------------------------------------------
Nashville Operations Center:                                                                                    
    Nashville City/RCPC.....................................  .02                                               
    U.S. Treasury Checks/Savings Bonds......................  .02                                               
    Louisville City/RCPC....................................  .025                                              
    Memphis City/RCPC.......................................  .0475                                             
    Other FRB...............................................  .0575                                             
Cleveland Operations Center:                                                                                    
    Cleveland City/RCPC.....................................  .02                                               
    U.S. Treasury Checks/Savings Bonds......................  .02                                               
    Columbus City/RCPC......................................  .03                                               
    Other FRB...............................................  .0575                                             
Cincinnati Operations Center:                                                                                   
    Cincinnati City/RCPC....................................  .02                                               
    U.S. Treasury Checks/Savings Bonds......................  .02                                               
    Louisville City/RCPC....................................  .02                                               
    Columbus City/RCPC......................................  .025                                              
    Other FRB...............................................  .0575                                             
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                                 Volume Discount                                                
                                                                                                                
----------------------------------------------------------------------------------------------------------------
Volume discounts on all items when total deposited items fall within below listed categories:                   
                          Discount                                           Monthly Volume Range               
10%.........................................................  100,001-200,000                                   
20%.........................................................  200,001 and over                                  
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                              Additional Services                                               
                                                                                                                
----------------------------------------------------------------------------------------------------------------
1. Encoding by FHLB Operations Center                                                                           
    * Cincinnati & Cleveland................................  $.0225 per item                                   
    * Nashville.............................................  $.0250 per item                                   
2. Photocopy................................................  $1.00 per item                                    
[[Page 28133]]
                                                                                                                
3. Dishonored Item Returned by Bank.........................  $.25 per item                                     
4. Large Dollar Return Notification.........................  $2.00                                             
5. Non-Cash Collection Minimum Service Fees, In Addition to                                                     
 Collecting Bank Fees                                                                                           
     a. Non-Cash Item.......................................  $5.00 per item                                    
     b. Security Coupon Collection..........................  $5.00 per envelope                                
     c. Coupon Return Item..................................  $10.00 per item                                   
     d. Foreign Item........................................  $5.00 per item                                    
     e. Food Stamp Cash Letter..............................  $1.00 per cash letter                             
     f. Municipal Bonds.....................................  $5.00 per item                                    
     g. Government Coupons..................................  No Charge                                         
6. Depository Transfer Checks (DTC).........................  $5.00 per item                                    
7. Cash Letter Fee                                                                                              
     a. Less than 100,000 items per month...................  $1.00 per cash letter                             
     b. 100,000 or more items per month.....................  $.25 per cash letter                              
8. Funds Availability                                                                                           
      a. See regional availability schedules                                                                    
     b. No deduction for fractional availability or reserve                                                     
     requirements                                                                                               
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                           Northern Ohio Institutions                                           
                                                                                                                
----------------------------------------------------------------------------------------------------------------
    Preparation Charge                                                                                          
$12.00 per currency order                                                                                       
$2.00 per box wrapped coin                                                                                      
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                     Kentucky and Southern Ohio Institutions                                    
                                                                                                                
----------------------------------------------------------------------------------------------------------------
    Preparation Charge                                                                                          
$10.50 per currency order                                                                                       
$2.00 per box wrapped coin                                                                                      
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                         Ohio and Kentucky Institutions                                         
                                                                                                                
----------------------------------------------------------------------------------------------------------------
    Pick-up of Currency and Coin                                                                                
$5.00 per starpped currency deposit                                                                             
$6.00 per mixed or unfilled straps of currency                                                                  
$2.50 per bag of loose coin (same denomination)                                                                 
$5.00 per bag of loose coin (mixed denomination)                                                                
$5.00 per bag of wrapped coin (same denomination)                                                               
$8.00 per bag of wrapped coin (mixed denomination)                                                              
                                                                                                                
Note: Preparation charge for later notification of order requiring special pick-up or registered mail delivery  
 will be increased in the amount of 10%.                                                                        
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                 Memphis Federal Reserve Territory Institutions                                 
                                                                                                                
----------------------------------------------------------------------------------------------------------------
    Preparation Charge                                                                                          
$4.00 per currency and/or loose coin order                                                                      
    Pick-up of Currency and Coin                                                                                
$2.00 per occurrence                                                                                            
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                Nashville Federal Reserve Territory Institutions                                
                                                                                                                
----------------------------------------------------------------------------------------------------------------
    Preparation Charge                                                                                          
$4.00 per currency and/or loose coin order                                                                      
$.0375 per roll--wrapped coin                                                                                   
    Pick-up of Currency and Coin                                                                                
$2.00 per occurence                                                                                             
    Transportation Charge                                                                                       
Please contact the Bank for the specific fee relative to your area.                                             
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                                     Lockbox                                                    
                                                                                                                
----------------------------------------------------------------------------------------------------------------
OCR Standard Per Item Fee...................................  .25                                               
[[Page 28134]]
                                                                                                                
Includes:                                                                                                       
    Courier Pick-up at Lockbox                                                                                  
    Microfilming of Check and Document                                                                          
    Transmission to Service Bureau                                                                              
    Management Reports                                                                                          
    Check Deposit Fee (Encoding and Clearing)                                                                   
    Certain Exception Handling                                                                                  
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                               Additional Services                                              
                                                                                                                
----------------------------------------------------------------------------------------------------------------
Lockbox Rental..............................................  Actual Cost                                       
Photocopies.................................................  1.00                                              
Hot File Update (Add or Delete).............................  .50 per update                                    
Hot File Update (Magnetic Tape).............................  10.00 per tape                                    
Courier/Postage.............................................  Actual--Outgoing                                  
Dishonored Item Returned by Bank............................  .25                                               
Large Dollar Return Notification............................  2.00 per item                                     
Reject or Unmatched Item....................................  .15                                               
Other Desired Services......................................  Cost Basis                                        


------------------------------------------------------------------------
                             Money orders and                           
   Settlement options        dividend checks          Official checks   
------------------------------------------------------------------------
                    Alternative Disbursement Service                    
                                                                        
------------------------------------------------------------------------
                         1-Day..................  1-Day.                
                         2-Day..................                        
                         Tuesday Weekly.........                        
Processing Fees........  Based on settlement                            
                          option and check                              
                          volume.                                       
Earnings Incentive *...   Not Applicable........   Based on settlement  
                                                   option and float     
                                                   balances.            
------------------------------------------------------------------------
* The earning incentive is a monthly interest payment to the ADS        
  customer based on its actual check activity. The earnings incentive   
  interest rate is indexed to the 91-Day Treasury Bill rate.            

District 6.--Federal Home Loan Bank of Indianapolis (1995 NOW/DDA 
Services)

Cash Management Services

                           Transaction Charges                          
                                                                        
------------------------------------------------------------------------
Paid Check Charge....................  $0.16 per item                   
Paper Advice.........................  .065 per item                    
Tape Advice..........................  .040 per item                    
Stop Payments........................  6.00 per stop                    
Photo copies.........................  2.50 per copy                    
Find Sort Numeric Sequence...........  .025 per item                    
Collection/Return/Exception..........  5.00                             
Daily Statement......................  2.00                             
Maintenance..........................  30.00 per month                  
Debit Entries........................  no charge                        
Credit Entries.......................  no charge                        
Checks (Administration Fee)..........  .02 per item                     
Special Cutoff.......................  no charge                        
Infoline.............................  50.00 per month                  
VRU (Voice Response).................  1.00 per inquiry                 
Collected Balances Will Earn Interest at the CMS daily posted rate.     

Now Account Services

Transaction Charges

--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                         Safekeeping          Turnaround (daily or            Complete                    Image         
                                                 --------------------------          cycled)         ---------------------------------------------------
                 Monthly volume                                            --------------------------                                                   
                                                    Per item       Cost       Per Item       Cost       Per item       Cost       Per item     Per Stmt 
--------------------------------------------------------------------------------------------------------------------------------------------------------
0-5,000.........................................         .048         240.         .056         280.         .080         400.          .06          .40
5-10,000........................................         .040         200.         .051         255.         .078         390.          .06          .40
10-15,000.......................................         .039         195.         .047         235.         .076         380.          .06          .40
15-25,000.......................................         .034         340.         .040         400.         .075         750.          .06          .40
25-50,000.......................................         .033         825.         .036         900.         .073       1,825.          .06          .40
50-75,000.......................................         .029         725.         .033         825.         .069       1,725.          .06          .40
75-100,000......................................         .026         650.         .030         750.         .068       1,700.          .06          .40
100-and up......................................         .024  ...........         .027  ...........         .067  ...........          .06          .40
--------------------------------------------------------------------------------------------------------------------------------------------------------


                                                                                                                                                        
[[Page 28135]]
                         Ancillary Service Fees                         
                                                                        
------------------------------------------------------------------------
    Large Dollar Signature           $0.50                              
     Verification.                                                      
    Over-the-Counters and Microfilm  0.035                              
    Return Items...................  2.15                               
    Photocopies ** and Facsimiles..  2.50                               
    Certified Checks...............  1.00                               
    Invalid Accounts...............  .50                                
Invalid Returns....................  0.50                               
    Late Returns...................  0.50                               
    No MICR/OTC....................  0.50                               
    Settlement Only................  100.00 per month                   
    + Journal Entries..............  3.00 each                          
    Encoding Errors................  2.75                               
    Fine Sort Numeric Sequence.....  0.02                               
    Access to Infoline.............  50.00 per month                    
    High Dollar Return Notification  no charge                          
    Debit Entries..................  no charge                          
    Crdit Entries..................  no charge                          
    Standard Stmt. Stuffers (up to   no charge                          
     2)***.                                                             
Minimum processing fee of $40.00 per month will apply for total NOW     
 services.                                                              
                                                                        
Also included in the above fees--at no  additional cost are Federal     
 Reserve fees, incoming courier fees, software changes, disaster        
 recovery, envelope discount and inventory.                             
                                                                        
* Image Monthly Maintenance Fee of $500.00 for 0-32% of accounts;       
 $300.00 for 33-49% of accounts; and $200.00 for 50%+ will be assessed  
 for Image Statements.                                                  
** Photocopy request of 50 or more are charged at an hourly rate of     
 $15.00.                                                                
*** Each additional (over 2) will be charged at $.02 per statement.     


----------------------------------------------------------------------------------------------------------------
                                                                                      Fee                       
----------------------------------------------------------------------------------------------------------------
                                             Wire Transfer Services                                             
                                                                                                                
----------------------------------------------------------------------------------------------------------------
In (Per transfer) Domestic..................................  $4.00                                             
Out (Per transfer) Domestic.................................  7.50                                              
International Wires.........................................  25.00                                             
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                           Depository Transfer Checks                                           
                                                                                                                
----------------------------------------------------------------------------------------------------------------
Per Check...................................................  $2.00                                             
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                    Treasury Tax and Loan Settlement Service                                    
                                                                                                                
----------------------------------------------------------------------------------------------------------------
Per Transaction.............................................  $2.00                                             
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                             Charge Card Transaction                                            
                                                                                                                
----------------------------------------------------------------------------------------------------------------
Per Transaction.............................................  $1.50                                             
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                     Automated Clearing House (ACH) Service                                     
                                                                                                                
----------------------------------------------------------------------------------------------------------------
Tape Transmission...........................................  $8.50                                             
or Origination..............................................    .045 per item                                   
MACHA, INDEX................................................  Actual Federal Reserve Changes                    
ACH Entries Clearing through our R&T Number.................  $.25 per item                                     
Settlement Only.............................................  $65.00 per month                                  
ACH Returns/NOC.............................................  $2.50 per item                                    
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                                Coin and Currency                                               
                                                                                                                
----------------------------------------------------------------------------------------------------------------
Deliveries--Indiana and Michigan Prices based on delivery location, excess bag fee (courier) and order          
 preparation.                                                                                                   
Cost will vary per institution:                                                                                 
    Returns.................................................  $12.50                                            
    Non-Transit Customer....................................  $10.00                                            
    Orders (Member uses own courier)........................  $15.00                                            
    Special Order*..........................................  $15.00                                            
*Any order placed after normal order has been received and processed by Federal Home Loan Bank.                 
                                                                                                                
----------------------------------------------------------------------------------------------------------------
                                          Proof and Transit Processing                                          
                                                                                                                
----------------------------------------------------------------------------------------------------------------
Pre-encoded Items:                                                                                              
    City....................................................  $0.04 per item                                    
[[Page 28136]]
                                                                                                                
    RCPC....................................................  $0.05 per item                                    
    Other Districts.........................................  $0.085 per item                                   
Unencoded...................................................  $0.165 per item                                   
Food Stamp..................................................  $0.14 per item                                    
Photocopies*................................................  $2.50 per copy                                    
Adjustments on pre-encoded work.............................  $2.75 per error                                   
E Z Clear...................................................  $0.14 per item                                    
Coupons.....................................................  $8.25 per envelope                                
Collections.................................................  $6.00 per item                                    
Cash Letter.................................................  $2.00 per cash letter                             
Deposit Adjustments.........................................  $0.30 per adjustment                              
Debit Entries...............................................  no charge                                         
Credit Entries..............................................  no charge                                         
Microfilming................................................  no charge                                         
Mortgage Remittance (Basic Service).........................  $0.35                                             
Settlement Only.............................................  $100.00 per month                                 
    + Journal Entries.......................................  $3.00 each                                        
Third Party Fedline.........................................  $.50 each                                         
Courier **                                                                                                      
    Marion County...........................................  $8.25 per location, per day, per pickup           
    Other...................................................  Prices vary per location                          
*Multiple Photocopies (more than 50 per request) $15.00 hour                                                    
**Includes branch work transfer and correspondence to and from Federal Home Loan Bank.                          
All Fees Subject to Change                                                                                      
----------------------------------------------------------------------------------------------------------------

District 7.--Federal Home Loan Bank of Chicago (1995 NOW/DDA Services)

(Does not provide item processing services for third party accounts)
District 8.--Federal Home Loan Bank of Des Moines (1995 NOW/DDA 
Services)

                                                                        
                                                                        
                  Demand Account Analysis Fee Schedule                  
                                                                        
------------------------------------------------------------------------
Account Maintenance................  $12.00                             
Account Reconciliation.............  35.00                              
Daily Statements:                                                       
    Via SMARTS.....................  No Charge                          
    Paper Daily Advice (Per day)...  2.50                               
Balance Reporting (Phone--manual)..  75.00                              
Drafts Paid:                                                            
    Truncated......................  0.045                              
    Non-Truncated..................  0.055                              
Stop Payments......................  7.00                               
Ledger Entries--Credits............  0.35                               
Ledger Entries--Debits.............  0.15                               
Bank Wires In......................  3.00                               
Bank Wires Out:                                                         
    Without Phone Advice...........  4.00                               
    With Phone Service.............  6.00                               
ACH Settlement Charges.............  1.00                               
Special Cut-Off Statements.........  10.00                              
Account Reconciliation Tape Issues.  0.015                              
Issue Encoding.....................  0.0225                             
Pre-Encoded Issues.................  0.015                              
Collections:                                                            
    Bonds/Coupons Per Envelope                                          
        Local/Government...........  5.00                               
        Out-of-Town................  7.00                               
    Domestic/Checks................  15.00 (Plus Actual)                
    Foreign........................  25.00 (Plus Actual)                
Miscellaneous......................  Actual                             
                                                                        
------------------------------------------------------------------------
                            ACH Fee Schedule                            
                                                                        
------------------------------------------------------------------------
ARB/ACH Pass Thru..................  Actual                             
FRB/ACH Settlement.................  $1.00                              
Origination service:                                                    
    Set Up New Account (One Time     50.00                              
     Charge).                                                           
    Formatted Tape.................  10.00                              
    Reformat Tape..................  10.00                              
    Per Item On Tape*..............  .05                                
    Paper input:                                                        
        Monthly Maintenance........  20.00                              
[[Page 28137]]
                                                                        
    Data Entry Per Item*...........  .25                                
    Day Cycle Deposit Charge:                                           
        Local DB/CR................  .0550                              
        Out-of-State DB/CR.........  .0550                              
        Prenotes...................  .0550                              
        Addendas...................  .0550                              
    Night Cycle Deposit Charge                                          
     Premium:                                                           
        Local DB/CR................  .07                                
        Out-of-State DB/CR.........  .07                                
        Prenotes...................  .07                                
        Addendas...................  .07                                
    Warehousing Per Item...........  .0050                              
    Originator Volume Discount--     ...................................
     Monthly                                                            
        5,000 to 20,000............  -.005                              
        20,000-Over................  -.01                               
    Return Items...................  1.50                               
    Transportation Charges.........  Negotiable                         
    Special Service/Handling.......  Negotiable                         
    Telephone Advice:                                                   
        Per Call...................  2.00                               
        Miscellaneous..............  Actual                             
    Minimum Monthly Billing........  50.00                              
*Plus ACH Origination Fee.                                              


                           Des Moines Regional Center Deposit Processing Fee Schedule                           
----------------------------------------------------------------------------------------------------------------
                                                          Below                                          Over   
                     Description                          50,000    50,000-100,000  100,000-300,000    300,000  
----------------------------------------------------------------------------------------------------------------
                                             Deposited Item Charges                                             
                                                                                                                
----------------------------------------------------------------------------------------------------------------
Local................................................          .02           .015            .014           .011
RCPC.................................................         .030           .025            .022           .020
RCPC--Premium........................................         .045           .045            .045           .045
Transit..............................................        .0525           .051             .05           .049
----------------------------------------------------------------------------------------------------------------


                                                                        
                                                                        
                               Other Fees                               
                                                                        
------------------------------------------------------------------------
Encoding...........................  $.0225                             
Return Items:                                                           
    Return Items...................  .75/item                           
    Special Handling                                                    
        Subtotal by Office.........  1.50/office total                  
        Individual Entries.........  .50/entry                          
        Telephone Notification less  .60/item                           
         than $2,500.                                                   
    Large Dollar Notification (Reg.  3.00/item                          
     J.).                                                               
Collection/Settlement Services:                                         
    Bonds/Coupons Per Envelope                                          
        Local/Government...........  5.00                               
        Out-of-Town................  7.00                               
    Domestic/Checks................  15.00 (Plus Actual)                
    Canadian Items.................  .25/item                           
    Foreign........................  25.00 (Plus Actual)                
    Miscellaneous..................  Actual                             
    Federal Reserve Settlement       1.00/entry                         
     Entries.                                                           
    Food Coupons...................  .02                                
Non-Processable Items..............  .15/item                           
Cash Services:                                                          
    Currency/Coin Orders...........  2.00/order                         
        Special Orders.............  Standard order fee                 
        Foreign Currency Orders....  2.50/order                         
        Coin--per roll.............  .0385/roll                         
Currency/Coin Deposits:                                                 
    Standard Packaging.............  .50                                
        Non-Standard Packaging.....  10.00                              
        Foreign Currency Deposits..  5.00/deposit                       
        Currency Per Strap.........  .25                                
        Delivery Charge (includes    42.61/stop                         
         return delivery to FRB                                         
         Chicago).                                                      
Balance/Availability Reporting.....  30.00/month                        
Endpoint Analysis..................  20.00/day                          
Photocopies........................  2.75/copy                          
Research...........................  20.00/hour                         


                                                                        
[[Page 28138]]
                           Kansas City Regional Center Deposit Processing Fee Schedule                          
----------------------------------------------------------------------------------------------------------------
                                                         Below                                                  
                     Description                         25,000    25,000-50,000  50,000-250,000   Over 250,000 
----------------------------------------------------------------------------------------------------------------
                                             Deposited Item Charges                                             
                                                                                                                
----------------------------------------------------------------------------------------------------------------
Local...............................................       0.0170        0.0160          0.0150   0.0075-0.0140 
Regional............................................       0.0280        0.0250          0.0220   0.0150-0.021  
Country.............................................       0.0280        0.0250          0.0220   0.0150-0.021  
Transit.............................................       0.0540        0.0530          0.0510   0.0435-0.050  
----------------------------------------------------------------------------------------------------------------


                                                                        
                                                                        
                             Other Services                             
                                                                        
------------------------------------------------------------------------
Encoding:                                                               
    Below 25,000...................  $0.0300                            
    25,000-50,000..................  0.0250                             
    50,000-250,000.................  0.0225                             
    Over 250,000...................  0.0200                             
Return Items:                                                           
    0-999..........................  0.75                               
    1,000 and Over.................  0.65                               
    Special handling:                                                   
        Subtotal by Office.........  1.50/office total                  
        Selected Account Chargeback  .025/item                          
        Individual Entries.........  .50/entry                          
        Telephone Notification less  .60/item                           
         than $2,500.                                                   
    Large Dollar Notification (Reg.  3.00/item                          
     J.).                                                               
Collection/Settlement Services:                                         
    Bonds/Coupons Per Envelope                                          
        Local/Government...........  5.00                               
        Out-of-Town................  7.00                               
    Domestic/Checks................  15.00 (Plus Actual)                
    Canadian Items.................  .25/item                           
    Foreign........................  25.00 (Plus Actual)                
    Miscellaneous..................  Actual                             
    Federal Reserve Settlement       1.00/entry                         
     Entries.                                                           
    Food Coupons...................  .02                                
Non-Processable Items..............  0.15                               
Cash Services:                                                          
    Currency/Coin Orders...........  3.00/order                         
    Special Orders.................  3.00/order, actual charges         
    Foreign Currency Orders........  5.50/order                         
    Currency/Coin Deposits:                                             
        Standard Packaging.........  .50/deposit                        
        Non-Standard Packaging.....  10.00/deposit                      
        Foreign Currency Deposits..  5.00/deposit                       
Balances/Availability Reporting....  30.00/month                        
Endpoint Analysis..................  30.00/each, over two per year      
Photocopies/Microfilm Copies.......  2.75/copy                          
    Audit..........................  2.75/copy or 20.00/hour+.50 copy,  
                                      whichever is less                 
Research...........................  20.00/hour                         


                           Minneapolis Regional Center Deposit Processing Fee Schedule                          
----------------------------------------------------------------------------------------------------------------
                                                            Below                                        Over   
                      Description                           25,000    25,000-50,000  50,000-250,000    250,000  
----------------------------------------------------------------------------------------------------------------
                                             Deposited Item Charges                                             
                                                                                                                
----------------------------------------------------------------------------------------------------------------
Local..................................................          .02          .016            .014          .013
RCPC...................................................         .032          .025            .018          .016
RCPC--Premium..........................................         .045           .04            .035           .03
Country................................................          .04          .038            .036          .035
Transit................................................         .063          .058            .054          .032
----------------------------------------------------------------------------------------------------------------
                                Out-of-District Customers--Deposited Item Charges                               
                                                                                                                
----------------------------------------------------------------------------------------------------------------
Local..................................................        .0250         .0210           .0160         .0150
RCPC...................................................        .0370         .0300           .0200         .0180
RCPC--Premium..........................................        .0500         .0450           .0400         .0350
Country................................................        .0450         .0430           .0380         .0370
Transit................................................        .0730         .0680           .0580         .0560
----------------------------------------------------------------------------------------------------------------


                                                                                                                
[[Page 28139]]
                                                                        
                                                                        
                             Other Services                             
                                                                        
------------------------------------------------------------------------
Encoding:                                                               
    1 to 250,000...................  $.0250                             
    Over 250,000 items.............  .0225                              
Return Items:                                                           
    Return Items...................  .75/item                           
    Special Handling Subtotal by     1.50/office total                  
     Office.                                                            
        Individual Entries.........  .50/entry                          
        Telephone Notification less  .60/item                           
         than $2,500.                                                   
    Large Dollar Notification (Reg.  3.00/item                          
     J.).                                                               
Collection/Settlement Services:                                         
    Bonds/Coupons Per Envelope                                          
        Local/Government...........  5.00                               
        Out-of-Town................  7.00                               
    Domestic/Checks................  15.00 (Plus Actual)                
    Canadian Items.................  .25/item                           
    Foreign........................  25.00 (Plus Actual)                
    Miscellaneous..................  Actual                             
    Federal Reserve Settlement       1.00/entry                         
     Entries.                                                           
    Food Coupons...................  .04                                
Non-Processale Items...............  .15/item                           
Cash Services:                                                          
    Currency/Coin Orders...........  2.00/order                         
        Special Orders.............  Standard order fee plus actual     
                                      charges                           
        Foreign Currency Orders....  2.50/order                         
    Currency/Coin Deposits.........  2.00/order                         
        Standard Packaging.........  .50                                
        Non-Standard Packaging.....  10.00                              
        Foreign Currency Deposits..  5.00/deposit                       
Balance/Availability Reporting.....  30.00/month                        
Endpoint Analysis..................  20.00/day                          
Photocopies........................  2.75/copy                          
Research...........................  20.00/hour                         


                            St. Louis Regional Center Deposit Processing Fee Schedule                           
----------------------------------------------------------------------------------------------------------------
                                           Below                                                         Over   
              Description                  25,000    25,000-50,000  50,000-100,000  100,000-200,000    200,000  
----------------------------------------------------------------------------------------------------------------
                                             Deposited Item Charges                                             
                                                                                                                
----------------------------------------------------------------------------------------------------------------
Local.................................         .024          .022            .020            .018           .017
RCPC..................................         .028          .025            .023            .021           .018
Country...............................         .028          .025            .023            .021           .020
Transit...............................         .058          .055            .053            .051           .050
Package Sort:                                                                                                   
    Local.............................         .021          .018            .017            .015           .011
    RCPC..............................         .025          .022            .020            .018           .017
    Country...........................         .025          .022            .020            .019           .018
    Transit...........................         .055          .052            .050            .048           .047
Note: Package Sort prices are available to customers who present deposits separated by item type.               
----------------------------------------------------------------------------------------------------------------


----------------------------------------------------------------------------------------------------------------
                                           Below                                                         Over   
              Description                  25,000    25,000-50,000  50,000-100,000  100,000-200,000    200,000  
----------------------------------------------------------------------------------------------------------------
                                Out-of-District Customers--Deposited Item Charges                               
                                                                                                                
----------------------------------------------------------------------------------------------------------------
Local.................................         .029          .027            .022            .020           .019
RCPC..................................         .033          .030            .025            .023           .020
Country...............................         .033          .030            .025            .023           .022
Transit...............................         .068          .065            .057            .055           .054
Package Sort:                                                                                                   
    Local.............................         .026          .023            .019            .017           .013
    RCPC..............................         .030          .027            .022            .020           .019
    Country...........................         .030          .027            .022            .021           .020
    Transit...........................         .065          .062            .054            .052           .051
Note: Package Sort prices are available to customers who present deposits separated by item type.               
----------------------------------------------------------------------------------------------------------------


                                                                        
                                                                        
                             Other Services                             
                                                                        
------------------------------------------------------------------------
Encoding...........................  $.025                              
[[Page 28140]]
                                                                        
Return Items:                                                           
    Return Items...................  .75/item                           
    Special Handling                                                    
        Subtotal by Office.........  1.50/office total                  
        Individual Entries.........  .50/entry                          
        Telephone Notification less  .60/item                           
         than $2,500.                                                   
    Large Dollar Notification (Reg.  3.00/item                          
     J.).                                                               
Collection/Settlement Services:                                         
    Bonds/Coupons Per Envelope                                          
        Local/Governemnt...........  5.00                               
        Out-of-Town................  7.00                               
    Domestic/Checks................  15.00 (Plus Actual)                
    Canadian Items.................  .25/item                           
    Foreign........................  25.00 (Plus Actual)                
    Miscellaneous..................  Actual                             
    Federal Reserve Settlement       1.00/entry                         
     Entries.                                                           
    Food Coupons...................  .02                                
Non-Processable Items..............  .15/item                           
Cash Services:                                                          
    Currency/Coin Orders...........  4.00/order                         
        Special Orders.............  Standard order fee plus actual     
                                      charges                           
    Currency/Coin Deposits Standard  .50                                
     Packaging.                                                         
    Non-Standard Packaging.........  2.00                               
Balance/Availability Reporting.....  30.00/month                        
Endpoint Analysis..................  20.00/day                          
Photocopies........................  2.75/copy                          
Research...........................  20.00/hour                         


                                           Des Moines Regional Center                                           
----------------------------------------------------------------------------------------------------------------
                                                                                                        Cycle/  
                        Monthly capture volume                            Basic fee      Daily sort    monthly  
                                                                          (capture)       (1) (2)      sort (2) 
----------------------------------------------------------------------------------------------------------------
                                       Inclearing Processing Fee Schedule                                       
                                                                                                                
----------------------------------------------------------------------------------------------------------------
1-25,000.............................................................  .020...........         .017         .020
25,001-50,000........................................................  .016...........         .013         .016
50,001-75,000........................................................  .014...........         .011         .014
75,001-175,000.......................................................  .012...........         .009         .012
175,001-400,000......................................................  .010...........         .007         .010
400,001-750,000......................................................  .009...........         .006         .009
750,001-Over.........................................................  .007...........         .004         .007
Reject Reentry.......................................................  .04/item.......  ...........  ...........
Posting File.........................................................  .0005/item.....  ...........  ...........
----------------------------------------------------------------------------------------------------------------


----------------------------------------------------------------------------------------------------------------
                                                                                        Forward collection only 
                                                                Basic      Telephone              \4\           
                       Volume levels                         service \3\  request \3\ --------------------------
                                                                                       Unqualified    Qualified 
---------------------------------------------------------------------------------------------------------\5\----
                                                  Return Items:                                                 
                                                                                                                
----------------------------------------------------------------------------------------------------------------
1-500......................................................        $2.65        $3.50        $0.60         $0.25
501-750....................................................         2.10           NA          .60           .25
751-1,00...................................................         1.85           NA          .60           .25
1,001-3,000................................................         1.15           NA          .60           .25
3,001-Over.................................................          .75           NA          .55           .25
Regulation J Notification                                      3.00/item  ...........  ...........  ............
----------------------------------------------------------------------------------------------------------------
\1\ Surcharge for same-day return: 15%.                                                                         
\2\ Fees for daily and cycle/monthly return are in addition to the basic fee.                                   
\3\ Full service processing. Excludes Large Dollar notification.                                                
\4\ Return items received for forward collection.                                                               
\5\ Items must be fully qualified using heat sensitive strips.                                                  


                                                                        
                                                                        
                             Other Services                             
                                                                        
------------------------------------------------------------------------
Support Services:                                                       
    Certified Checks...............  .50/item                           
    Facsimile Transmission.........  1.50/transmission                  
    Microfiche Monthly Reports.....  25.00/month                        
    Microfilm of Checks Captured...  .01/item                           
    Original Item Return...........  2.75/item                          
    Research.......................  20.00/hour                         
    Stop Payments..................  5.00/stop                          
[[Page 28141]]
                                                                        
    Telephone Check Inquiry........  1.00/inquiry                       
    Signature Verification.........  .35/item                           
Counter Items:                                                          
    With MICR Encoding.............  .04/item                           
    Without MICR Encoding..........  .10/item                           
Photocopies/Microfilm Copies.......  2.75/item                          
    Audit..........................  2.75/item or 20.00/hour <divide>   
                                      .50/copy, whichever is less       
Settlement:                                                             
    Daily Reporting................  25.00/month                        
    Settlement Only (Inclearings or  100.00/month                       
     returns).                                                          
    Third Party Settlement.........  350.00/month                       
Special Sorting Options:                                                
    Account Separators.............  .003/item ($175.00 minimum)        
    Truncated Items Returned         .002/item                          
     Unsorted.                                                          
    Truncated Items Returned Sorted  .012/item ($250.00 minimum)        
    Sequence Number Order..........  .005/item                          
    Other Miscellaneous Fine         .005/item                          
     Sorting.                                                           
                                                                        
------------------------------------------------------------------------
                            Special Services                            
                                                                        
------------------------------------------------------------------------
Backup Service:                                                         
    Set-Up Charge..................  500.00-1,500.00 one time           
    Monthly Maintenance............  Negotiable plus actual monthly     
                                      usage                             
File Maintenance                                                        
    Mergers/Acquisitions...........  500.00/each                        
    Multiple R/T Numbers...........  50.00/number/month                 
    Parameter File Maintenance.....  25.00/change                       
    Multiple Sorter Pockets........  300.00/pocket/month                
    Data Servicer Conversion.......  500.00/conversion                  
Minimum Monthly Charge (Excluding    250.00                             
 Actual Charges).                                                       

Kansas City Regional Center

Inclearing Processing Fee Schedule

------------------------------------------------------------------------
                                                                Cycle/  
 Monthly capture volume    Basic fee (capture)   Daily sort    monthly  
                                                  \1\ \2\      sort \2\ 
------------------------------------------------------------------------
1-50,000................  .016................         .013         .016
50,001-100,000..........  .014................         .011         .014
100,001-175,000.........  .012................         .009         .012
175,001-400,000.........  .010................         .007         .010
400,001-750,000.........  .009................         .006         .009
750,001-Over............  .007................         .004         .007
Reject Reentry..........  .04/item............  ...........  ...........
Posting File............  .0005/item..........  ...........  ...........
------------------------------------------------------------------------

Return Items

----------------------------------------------------------------------------------------------------------------
                                                                                        Forward collection only 
                                                                           Telephone              \4\           
                   Volume levels                      Basic service \3\   request \3\ --------------------------
                                                                                       Unqualified    Qualified 
---------------------------------------------------------------------------------------------------------\5\----
1-750.............................................  $1.60-2.65..........        $3.50         $.75          $.27
751-2,500.........................................  0.95-1.85...........           NA          .70           .27
2,501-Over........................................  0.65-1.55...........           NA          .65           .23
Regulation J Notification                           3.00/item...........  ...........  ...........  ............
----------------------------------------------------------------------------------------------------------------
\1\ Surcharge for same-day daily return: 15%.                                                                   
\2\ Fees for daily and cycle/monthly return are in addition to the basic fee.                                   
\3\ Full service processing. Excludes Large Dollar notification required under Regulations CC and J.            
\4\ Return items received for forward collection.                                                               
\5\ Items must be fully qualified using heat sensitive strips.                                                  

Other Services

Support Services:                                                                                               
    Certified Checks.....................................  .50/item.                                            
    Facsimile Transmission...............................  1.50/transmission.                                   
    Microfiche Monthly Reports...........................  25.00/month.                                         
    Microfilm of Checks Captured.........................  .01/item.                                            
    Original Item Return.................................  2.75/item.                                           
    Research.............................................  20.00/hour.                                          
    Stop Payments........................................  5.00/stop.                                           
    Telephone Check Inquiry..............................  1.00/inquiry.                                        
[[Page 28142]]
                                                                                                                
    Signature Vertification..............................  .35/item.                                            
Counter Items:                                                                                                  
    With MICR Encoding...................................  .04/item.                                            
    Without MICR Encoding................................  .10/item.                                            
Photocopies/Microfilm Copies:                                                                                   
    Audit................................................  2.75/item.                                           
                                                           2.75/item or 20.00/hour+.50/copy, whichever is less. 
Settlement:                                                                                                     
    Daily Reporting......................................  25.00/month.                                         
    Settlement Only (Inclearings or Returns).............  100./month.                                          
    Third Party Settlement...............................  350.00/month.                                        
Special Sorting Options:                                                                                        
    Account Separators...................................  .003/item ($175.00 minimum).                         
    Truncated Items Returned Unsorted....................  .002/item.                                           
    Truncated Items Returned Sorted......................  0.12/item ($250.00 minimum).                         
    Sequence Number Order................................  .005/item.                                           
    Other Miscellaneous Fine Sorting.....................  .005/item.                                           
                                                                                                                

Special Services

Backup Service:                                                                                                 
    Set-Up Charge........................................  500.00-1,500.00 one time.                            
    Monthly Maintenance..................................  Negotiable plus actual monthly usage.                
File Maintenance:                                                                                               
    Mergers/Acquisitions.................................  500.00/each.                                         
    Multiple R/T Numbers.................................  50.00/number/month.                                  
    Parameter File Maintenance...........................  25.00/change.                                        
    Multiple Sorter Pockets..............................  300.00/pocket/month.                                 
    Data Servicer Conversion.............................  500.00/conversion.                                   
Minimum Monthly Charge (Excluding Actual Charges)........  250.00.                                              
                                                                                                                

Minneapolis Regional Center

Inclearing Processing Fee Schedule

------------------------------------------------------------------------
                                                                Cycle/  
 Monthly capture volume    Basis fee (capture)   Daily sort    monthly  
                                                  \1\ \2\      sort \2\ 
------------------------------------------------------------------------
1-25,000................  .020................         .017         .020
25,001-50,000...........  .016................         .013         .016
50,001-75,000...........  .014................         .011         .014
75,001-175,000..........  .012................         .009         .012
175,001-400,000.........  .010................         .007         .010
400,001-750,000.........  .009................         .006         .009
750,001-Over............  .007................         .004         .007
Reject Renentry.........  .04/item............  ...........  ...........
Posting File............  .005/item...........  ...........  ...........
------------------------------------------------------------------------
\1\ Surcharge for same-day return: 15%.                                 
\2\ Fees for daily and cycle/monthly return are in addition to the basic
  fee.                                                                  

Return Items

----------------------------------------------------------------------------------------------------------------
                                                                    Telephone forward collection only \4\       
            Volume levels                Basic service \3\  ----------------------------------------------------
                                                             Request \3\   Qualified     Qualified     Premium  
--------------------------------------------------------------------------------------------\5\-----------------
1-2,000..............................  $.65-2.65...........        $3.50         $.70          $.28         $.34
2,001-4,000..........................  1.15-1.90...........           NA          .70           .28          .34
4,001-Over...........................  .75-1.65............           NA          .65           .28          .34
Regulation J. Notification             3.00/item...........  ...........  ...........  ............  ...........
----------------------------------------------------------------------------------------------------------------
\3\ Full service processing. Excludes large dollar notification required under Regulation CC an J.              
\4\ Return times received for forward collection.                                                               
\5\ Items must be fully qualified using that sensitive strips.                                                  

Other Services

Support Services:                                                                                               
    Certified Checks.....................................  .50/item.                                            
    Facsmile Transmission................................  1.50/transmission.                                   
    Microfiche Monthly Reports...........................  25.00/month.                                         
    Microfilm of Checks Captured.........................  .01/item.                                            
    Original Item Return.................................  2.75/item.                                           
    Research.............................................  20.00/hour.                                          
    Stop Payments........................................  5.00/stop.                                           
    Telephone Check Inquiry..............................  1.00/inquiry.                                        
[[Page 28143]]
                                                                                                                
    Signature Verification...............................  .35/item.                                            
Counter Items:                                                                                                  
    With MICR Encoding...................................  .04/item.                                            
    Without MICR Encoding................................  .10/item.                                            
Photocopies/Microfilm Copies:                                                                                   
    Audit................................................  2.75/item.                                           
                                                           2.75/item or 20.00/hour+.50/copy, whichever is less. 
Settlement:                                                                                                     
    Daily Reporting......................................  25.00/month.                                         
    Settlement Only (inclearings or Returns).............  100.00/month.                                        
    Third Party Settlement...............................  350.00/month.                                        
Special Sorting Options:                                                                                        
    Account Separators...................................  .003/item ($175.00 minimum).                         
    Truncated Items Returned Unsorted....................  .002/item.                                           
    Truncated Items Returned Sorted......................  .012/item ($250.00 minimum).                         
    Sequence Number Order................................  .005/item.                                           
    Other Miscellaneous Fine Sorting.....................  .005/item.                                           
                                                                                                                

Special Services

Backup Service:                                                                                                 
    Set-Up Charge........................................  500.00--1,500.00 one time.                           
    Monthly Maintenance..................................  Negotiable plus actual monthly usage.                
File Maintenance:                                                                                               
    Mergers/Acquistiions.................................  500.00/each.                                         
    Multiple R/T Numbers.................................  50.00/number/month.                                  
    Parameter File Maintenance...........................  25.00/change.                                        
    Multiple Sorter Pockets..............................  300.00/pocket/month.                                 
    Data Servicer Conversion.............................  500.00/conversion.                                   
Minimum Monthly charge (Excluding Actual Charges)........  250.00.                                              
                                                                                                                

St. Louis Regional Center

Inclearing Processing Fee Schedule

------------------------------------------------------------------------
                                                                Cycle/  
 Monthly capture volume    Basic fee (capture)   Daily sort    monthly  
                                                  \1\ \2\      sort \2\ 
------------------------------------------------------------------------
1-25,000................  .020                         .017         .020
25,001-50,000...........  .016                         .013         .016
50,001-75,000...........  .014                         .011         .014
75,001-175,000..........  .012                         .009         .012
175,001-400,000.........  .010                         .007         .010
400,001-750,000.........  .009                         .006         .009
750,001-Over............  .007                         .004         .007
Reject Reentry..........  .04/item              ...........  ...........
Posting File............  .0005/item            ...........  ...........
------------------------------------------------------------------------

Return Items

----------------------------------------------------------------------------------------------------------------
                                                                                        Forward collection only 
                                                                           Telephone              \4\           
                   Volume levels                      Basic service \3\   request \3\ --------------------------
                                                                                       Unqualified    Qualified 
---------------------------------------------------------------------------------------------------------\5\----
1-500.............................................  $2.25                       $3.50         $.60          $.20
501-1,000.........................................  2.00                           NA          .60           .20
1,001-2,500.......................................  1.75                           NA          .60           .20
2,501-Over........................................  1.25                           NA          .50           .20
Regulation J Notification                           3.00/item             ...........  ...........  ............
----------------------------------------------------------------------------------------------------------------
\1\ Surcharge for same-day daily return: 15%.                                                                   
\2\ Fees for daily and cycle/monthly return are in addition to the basic fee.                                   
\3\ Full service processing. Excludes Large Dollar notification required under Regulations CC and J.            
\4\ Return items received for forward collection.                                                               
\5\ Items must be fully qualified using heat sensitive strips.                                                  

Other Services

Support Services:                                                                                               
    Certified Checks.....................................  .50/item.                                            
    Facsimile Transmission...............................  1.50/transmission.                                   
    Microfiche Monthly Reports...........................  25.00/month.                                         
    Microfilm of Checks Captured.........................  .01/item.                                            
    Original Item Return.................................  2.75/item.                                           
    Research.............................................  20.00/hour.                                          
    Stop Payments........................................  5.00/stop.                                           
[[Page 28144]]
                                                                                                                
    Telephone Check Inquiry..............................  1.00/inquiry.                                        
    Signature Verification...............................  .35/item.                                            
Counter Items:                                                                                                  
    With MICR Encoding...................................  .04/item.                                            
    Without MICR Encoding................................  .10/item.                                            
Photocopies/Microfilm Copies:                                                                                   
    Audit................................................  2.75/item.                                           
                                                           2.75/item or 20.00/hour+.50/copy, whichever is less. 
Settlement:                                                                                                     
    Daily Reporting......................................  25.00/month.                                         
    Settlement Only (Inclearing or Returns)..............  100.00/month.                                        
    Third Party Settlement...............................  350.00/month.                                        
Special Sorting Options:                                                                                        
    Account Separators...................................  .003/item ($175.00 minimum).                         
    Truncated Items Returned Unsorted....................  .002/item.                                           
    Truncated Items Returned Sorted......................  .012/item ($250.00 minimum).                         
    Sequence Number Order................................  .005/item.                                           
    Other Miscellaneous Fine Sorting.....................  .005/item.                                           
                                                                                                                

Special Services

Backup Service:                                                                                                 
    Set-Up Charge........................................  500.00-1,500.00 one time.                            
    Monthly Maintenance..................................  Negotiable plus actual monthy usage.                 
File Maintenance:                                                                                               
    Mergers/Acquisitions.................................  500.00/each.                                         
    Multiple R/T Numbers.................................  50.00/number/month.                                  
    Parameter File Maaaaintenance........................  25.00/change.                                        
    Multiple Sorter Pockets..............................  300.00/pocket/month.                                 
    Data Servicer Conversion.............................  500.00/conversion.                                   
Minimum Monthly Charge (Excluding Actual Charges)........  250.00.                                              
                                                                                                                

Minneapolis/St. Louis Regional Center--Out-of-District Customers

Inclearing Processing Fee Schedule

------------------------------------------------------------------------
                                                                Cycle/  
 Monthly capture volume    Basic fee (capture)   Daily sort    monthly  
                                                  \1\ \2\      sort \2\ 
------------------------------------------------------------------------
1-25,000................  .021................         .018         .021
25,001-50,000...........  .017................         .014         .017
50,001-75,000...........  .015................         .012         .015
75,001-175,000..........  .013................         .010         .013
175,001-400,000.........  .011................         .008         .011
400,001-750,000.........  .010................         .007         .010
750,001-Over............  .008................         .005         .008
Reject Reentry..........  .04/item............  ...........  ...........
Posting.................  .005/item...........  ...........  ...........
------------------------------------------------------------------------

Return Items

Minneapolis

----------------------------------------------------------------------------------------------------------------
                                                                                Forward collection only \4\     
            Volume levels                Basic service \3\    Telephone  ---------------------------------------
                                                             request \3\   Qualified     Qualified     Premium  
--------------------------------------------------------------------------------------------\5\-----------------
1-2,000..............................  1.65-.2.65..........         3.50          .70           .28          .34
2,001-4,000..........................  1.15-.1.90..........           NA          .70           .28          .34
4,001-Over...........................  .75-1.65............           NA          .65           .28          .34
Regulation J Notification              3.00/item...........  ...........  ...........  ............  ...........
----------------------------------------------------------------------------------------------------------------

St. Louis

----------------------------------------------------------------------------------------------------------------
                                                                                        Forward collection only 
                                                                           Telephone              \4\           
                   Volume levels                      Basic service \3\   request \3\ --------------------------
                                                                                        Qualified     Qualified 
---------------------------------------------------------------------------------------------------------\5\----
1-500.............................................  2.25................         3.50          .60           .20
501-1,000.........................................  2.00................           NA          .60           .20
1,001-2,000.......................................  1.75................           NA          .60           .20
2,501-Over........................................  1.25................           NA          .50           .20
Regulation J Notification                           3.00/item...........  ...........  ...........  ............
----------------------------------------------------------------------------------------------------------------

 [[Page 28145]] Other Services

Minneapolis/St. Louis

Support Services:                                                                                               
    Certified Checks.....................................  50/item.                                             
    Facsimile Transmission...............................  1.50/transmission.                                   
    Microfiche Monthly Reports...........................  25.00/month.                                         
    Microfilm of Checks Captured.........................  .01/item.                                            
    Original Item Return.................................  2.75/item.                                           
    Research.............................................  20.00/hour.                                          
    Stop Payments........................................  5.00/stop.                                           
    Telephone Check Inquiry..............................  1.00/inquiry.                                        
    Signature Verification...............................  .35/item.                                            
Counter Items:                                                                                                  
    With MICR Encoding...................................  .04/item.                                            
    Without MICR Encoding................................  .10/item.                                            
Photocopies/Microfilm Copies:                                                                                   
    Audit................................................  2.75/item.                                           
                                                           2.75/item or 20.00/hour + .50/copy whichever is less.
Settlement:                                                                                                     
    Daily Reporting......................................  25.00/month.                                         
    Settlement Only (Inclearings or Returns).............  100.00/month.                                        
    Third Party Settlement...............................  350.00/month.                                        
Special Sorting Options:                                                                                        
    Account Separators...................................  .003/item ($175.00 minimum).                         
    Truncated Items Returned Unsorted....................  .002/item.                                           
    Truncated Items Returned Sorted......................  .012/item ($250.00 minimum).                         
    Sequence Number Order................................  .005/item.                                           
    Other Miscellaneous Fine Sorting.....................  .005/item.                                           
                                                                                                                

Special Services

Backup Services:                                                                                                
    Set-Up Charge........................................  500.00-1,500 one time.                               
    Monthly Maintenance..................................  Negotiable plus actual monthly usage.                
File Maintenance:                                                                                               
    Mergers/Acquisitions.................................  500.00/each.                                         
    Multiple R/T Numbers.................................  50.00/number/month.                                  
    Parameter File Maintenance...........................  25.00/change.                                        
    Multiple Sorter Pockets..............................  300.00/pocket/month.                                 
    Data Servicer Conversion.............................  500.00/conversion.                                   
Minimum Monthly Charge (Excluding Actual Charges)........  250.00.                                              
                                                                                                                
\1\ Surcharge for same day daily return: 15%.                                                                   
\2\ Fees for daily and cycle/monthly return are in addition to the basic fee.                                   
\3\ Full service processing. Excludes Large Dollar notification required under Regulations CC and J.            
\4\ Return items received for forward collection.                                                               
\5\ Items must be fully qualified using heat sensitive strips.                                                  

Des Moines Regional Center--Proof-of-Deposit (POD) Fee Schedule

Processing Fees

----------------------------------------------------------------------------------------------------------------
                                                                               Account     Exception            
     Monthly processing volume*         Encoding   POD capture  Inclearings    sequence    pull/cycle   Rejects 
                                                                  capture        sort         sort              
----------------------------------------------------------------------------------------------------------------
1-250,000...........................         .018         .012         .008       .00600       .00200        .04
250,001-500,000.....................         .016         .011         .007       .00525       .00175        .04
500,001-1,500,000...................         .014         .010         .006       .00450       .00150        .04
1,500,001-3,000,000.................         .012         .009         .005       .00375       .00125        .04
3,000,00-Over.......................         .010         .008         .004       .00300       .00100        .04
----------------------------------------------------------------------------------------------------------------
*Monthly processing volume represents the sum of POD Capture and Inclearings Capture.                           

Other Fees

Return processing and other existing ancillary, inclearing services..........  Available upon request.          
                                                                                                                

Relationship Fees

Account Maintenance..........................................................  $12.00                           
    Daily Statements:                                                                                           
        Via SMARTS...........................................................  No Charge.                       
        Paper Daily Advice (per day).........................................  2.50                             
        Balance Reporting--Manual............................................  75.00                            
        Credit Transactions..................................................  0.35                             
[[Page 28146]]
                                                                                                                
        Debit Transactions...................................................  0.15                             
        SMARTS Electronic Connection, Basic..................................  No Charge.                       
Wire Transfer:                                                                                                  
    Incoming.................................................................  3.00                             
    Outgoing.................................................................  4.00                             
    Internal Transfer........................................................  No Charge.                       
 Collections:                                                                                                   
    Bonds/Coupons Per Envelope:                                                                                 
        Local/Government.....................................................  5.00                             
        Out-of-Town..........................................................  7.00                             
    Domestic/Checks..........................................................  15.00 (Plus Actual).             
    Canadian Items...........................................................  .25                              
    Foreign Collections......................................................  25.00 (Plus Actual).             
    Food Coupons--Loose......................................................  0.03                             
    Food Coupons--Full Straps................................................  0.15                             
                                                                                                                

Clearing Fees

Deposited items..............................................................  Local--$.01                      
                                                                               RCPC--$.018                      
                                                                               RCPC-Prem.--$.043                
                                                                               Transit--$.049                   
                                                                                                                

Terms of Account

    Payment of Processing Fees and Clearing Fees are made by a direct 
charge to the account or by payment of our invoice. Payment of 
Relationship Fees are made only by balance compensation.
    The earnings credit rate is indexed to the Bank's yield on 
overnight Fed Funds for the current month. Interest that approximates 
the Fed Funds rate will be paid to the account for excess balances, and 
deficient balances will be charged at the average Fed Funds rate of the 
current month.

Kansas City Regional Center--Proof-of-Deposit (POD) Fee Schedule

Processing Fees

----------------------------------------------------------------------------------------------------------------
                                                                               Account     Exception            
     Monthly processing volume*         Encoding   POD capture  Inclearings    sequence    pull/cycle   Rejects 
                                                                  capture        sort         sort              
----------------------------------------------------------------------------------------------------------------
1-250,000...........................         .022         .012         .008       .00600       .00200        .04
250,001-500,000.....................         .020         .011         .007       .00525       .00175        .04
500,001-1,500,000...................         .018         .010         .006       .00450       .00150        .04
1,500,001-3,000,000.................         .016         .009         .005       .00375       .00125        .04
3,000,00-Over.......................         .014         .008         .004       .00300       .00100        .04
----------------------------------------------------------------------------------------------------------------
*Monthly processing volume represents the sum of POD Capture and Inclearings Capture.                           

Other Fees

Return processing and other existing ancillary, inclearing services..........  Available upon request.          
                                                                                                                

Relationship Fees

Account Maintenance..........................................................  $12.00                           
    Daily Statements:                                                                                           
        Via SMARTS...........................................................  No Charge.                       
        Paper Daily Advice (per day).........................................  2.50                             
    Balance Reporting--Manual................................................  75.00                            
    Credit Transactions......................................................  0.35                             
    Debit Transactions.......................................................  0.15                             
    SMARTS Electronic Connection, Basic......................................  No Charge.                       
Wire Transfer:                                                                                                  
    Incoming.................................................................  3.00                             
    Outgoing.................................................................  4.00                             
    Internal Transfer........................................................  No Charge.                       
 Collections:                                                                                                   
    Bonds/Coupons Per Envelope:                                                                                 
        Local/Government.....................................................  5.00                             
        Out-of-Town..........................................................  7.00                             
    Domestic/Checks..........................................................  15.00 (Plus Actual).             
    Canadian Items...........................................................  .25                              
    Foreign Collections......................................................  .25.00 (Plus Actual).            
    Food Coupons--Loose......................................................  0.0225                           
    Food Coupons--Full Straps................................................  0.15                             
                                                                                                                

Clearing Fees

Deposit Items................................................................  Local--$.01                      
[[Page 28147]]
                                                                                                                
                                                                               Country--$.021                   
                                                                               Transit--$.045                   
                                                                                                                

Terms of Account

    Payment of Processing Fees and Clearing Fees are made by a direct 
charge to the account or by payment of our invoice. Payment of 
Relationship Fees are made only by balance compensation.
    The earnings credit rate is indexed to the Bank's yield on 
overnight Fed Funds for the current month. Interest that approximates 
the Fed Funds rate will be paid to the account for excess balances, and 
deficient balances will be charged at the average Fed Funds rate of the 
current month.
Minneapolis Regional Center--Proof-of-Deposit (POD) Fee Schedule

Processing Fees

----------------------------------------------------------------------------------------------------------------
                                                                               Account     Exception            
     Monthly processing volume *        Encoding   POD caputre  Inclearings    sequence    pull cycle   Rejects 
                                                                  capture        sort         sort              
----------------------------------------------------------------------------------------------------------------
1-250,000...........................         .022         .012         .008       .00600       .00200        .04
250,001-500,000.....................         .020         .011         .007       .00525       .00175        .04
500,001-1,500,000...................         .018         .010         .006       .00450       .00150        .04
1,500,001-3,000,000.................         .016         .009         .005       .00375       .00125        .04
3,000,001-Over......................         .014         .008         .004       .00300       .00100        .04
----------------------------------------------------------------------------------------------------------------
* Monthly processing volume represents the sum of POD Capture and Inclearings Capture.                          

Other Fees

Return processing and other existing ancillary inclearing services...........  Available upon request.          
                                                                                                                

Relationship Fees

Account Maintenance..........................................................  $12.00                           
    Daily Statements:                                                                                           
        Via SMARTS...........................................................  No Charge.                       
        Paper Daily Advice (per day).........................................  2.50                             
    Balance Reporting--Manual................................................  75.00                            
    Credit Transactions......................................................  0.35                             
    Debit Transactions.......................................................  0.15                             
    SMARTS Electronic Connection, Basic......................................  No. Charge.                      
Wire Transfer:                                                                                                  
    Incoming.................................................................  3.00                             
    Outgoing.................................................................  4.00                             
    Internal Transfer........................................................  No Charge.                       
  Collections:                                                                                                  
    Bonds/Coupons Per Envelope:                                                                                 
        Local/Government.....................................................  5.00                             
        Out-of-Town..........................................................  7.00                             
    Domestic/Checks..........................................................  15.00 (Plus Actual).             
    Canadian Items...........................................................  .25                              
    Foreign Collections......................................................  25.00 (Plus Actual).             
    Food Coupons--Loose......................................................  0.04                             
                                                                                                                

Clearing Fees

Deposited items..............................................................  City--$.005                      
                                                                               RCPC--$.0175                     
                                                                               County--$.025                    
                                                                               Transit--$.05                    
                                                                                                                

Terms of Account

    Payment of Processing Fees and Clearing Fees are made by a direct 
charge to the account or by payment of our invoice. Payment of 
Relationship Fees are made only by balance compensation.
    The earnings credit rate is indexed to the Bank's yield on 
overnight Fed Funds for the current month. Interest that approximates 
the Fed Funds rate will be paid to the account for excess balances, and 
deficient balances will be charged at the average Fed Funds rate of the 
current month.

St. Louis Regional Center--Proof-of-Deposit (POD) Fee Schedule

Processing Fees

----------------------------------------------------------------------------------------------------------------
                                                                               Account     Exception            
     Monthly processing volume*         Encoding   POD capture  Inclearings    sequence    pull cycle   Rejects 
                                                                  capture        sort         sort              
----------------------------------------------------------------------------------------------------------------
1-250,000...........................         .020         .012         .008       .00600       .00200        .04
250,001-500,000.....................         .018         .011         .007       .00525       .00175        .04
[[Page 28148]]
                                                                                                                
500,001-1,500,000...................         .016         .010         .006       .00450       .00150        .04
1,500,001-3,000,000.................         .014         .009         .005       .00375       .00125        .04
3,000,001-Over......................         .012         .008         .004       .00300       .00100        .04
----------------------------------------------------------------------------------------------------------------
* Monthly processing volume represents the sum of POD Capture and Inclearings Capture.                          

Other Fees

Return processing and other existing ancillary inclearing services...........  Available upon request.          
                                                                                                                

Relationship Fees

Account Maintenance..........................................................  $12.00                           
    Daily Statements:                                                                                           
        Via SMARTS...........................................................  No Charge.                       
        Paper Daily Advice (per day).........................................  2.50                             
    Balance Reporting--Manual................................................  75.00                            
    Credit Transactions......................................................  0.35                             
    Debit Transactions.......................................................  0.15                             
    SMARTS Electronic Connection, Basic......................................  No Charge.                       
Wire Transfer:                                                                                                  
    Incoming.................................................................  3.00                             
    Outgoing.................................................................  4.00                             
    Internal Transfer........................................................  No Charge.                       
Collections:                                                                                                    
    Bonds/Coupons Per Envelope:                                                                                 
        Local/Government.....................................................  5.00                             
        Out-of-Town..........................................................  7.00                             
    Domestic/Checks..........................................................  15.00 (Plus Actual).             
    Canadian Items...........................................................  .25                              
    Foreign Collections......................................................  25.00 (Plus Actual).             
    Food Coupons--Loose......................................................  0.02                             
                                                                                                                

Clearing Fees

Deposited items..............................................................  Local--$.0075                    
                                                                               RCPC--$.016                      
                                                                               Country--$.015                   
                                                                               Transit--$.046                   
                                                                                                                

Terms of Account

    Payment of Processing Fees and Clearing Fees are made by a direct 
charge to the account or by payment of our invoice. Payment of 
Relationship Fees are made only by balance compensation.
    The earnings credit rate is indexed to the Bank's yield on 
overnight Fed Funds for the current month. Interest that approximates 
the Fed Funds rate will be paid to the account for excess balances, and 
deficient balances will be charged at the average Fed Funds rate of the 
current month.
Des Moines, Minneapolis, Kansas City and St. Louis Regional Centers

Lockbox Fee Schedule

Basic Service
    Open envelope; screen per instructions; verify payee, signature and 
amount. Record data on check, remittance, envelope, or correspondence 
as requested. Balance checks to remittances and post credits to account 
specified.

Mortgage....................................  $.12-.25                  
Consumer....................................  .09-.15                   
Retail-Commercial...........................  .07-.15                   
Wholesale-Commercial........................  .15-.55                   
Credit Card.................................  .07-.15                   
Data Capture and Transmit Includes use of     .015-/.030                
 derogatory file as required. Rejects                                   
 pulled, balanced and returned per                                      
 instructions.                                                          
Item Preparation Charge; Data Entry As        .05/item.                 
 required. Includes preparation of new or                               
 substitute machine-readable documents.                                 
Microfilm Remittances or Checks.............  .01/item.                 
Credit/Posting Advice.......................  .25/advice.               
Photocopies:                                                            
    Recurring...............................  .05/copy.                 
    On Request..............................  .25/copy.                 
Facsimile Transmissions:                                                
    Recurring...............................  .85/page.                 
    On Request..............................  1.50/page.                
Microfilm Copies............................  2.75/copy.                
[[Page 28149]]
                                                                        
Payment Discounts Calculated................  .25/discount.             
Telephone Inquiry or Notification...........  1.00/call.                
Foreign Item Processing:                                                
    U.S. Dollars............................  .75/check.                
    Foreign Currency........................  3.50/check.               
Process Cash Payment........................  5.00/each.                
Daily Reporting.............................  50.00/month.              
Courier/Postage.............................  Actual.                   
Storage: Envelopes and remittance material    Negotiated.               
 retained unsorted for 14 days and destroyed                            
 Safekeeping beyond 14 days.                                            
Minimum Monthly Billing (Excludes Actual      175.00                    
 Charges).                                                              
New Account Set-Up..........................  50.00-500.00              
Special Services............................  Negotiated.               
                                                                        

Statement Rendering Fee Schedule

Statements Per Month, Non-Truncated:                                    
    First 5,000.............................  $.18                      
    Next 5,000..............................  .165                      
    Over 10,000.............................  .15                       
Statements Per Month, Truncated.............  .05                       
Statement Inserts...........................  .01                       
Other Mailings..............................  .05                       
Surcharge for One Cycle Per Month...........  10%                       
Fine Sort Counter Items for Statement         .005                      
 Insertion.                                                             
Sort Counter Items Without MICR.............  .02                       
Courier, Postage and Envelopes..............  Actual.                   
Pre-Sort Only...............................  .02/item.                 
Statement Printing (Laser Printer):                                     
    Customer Provider Paper.................  .03/page.                 
    FHLB Provided Paper.....................  .04/page.                 
    Custom Forms/Logos......................  Actual cost.              
                                                                        

    Note: Members that have changed Data Processors or have more 
than one MICR account number corresponding to one statement account 
number are subject to additional fees.

Pricing to Forward Cycle Items to Data Processor for Statement Handling

Insertion of Trigger/Separator Tickets:                                 
    Sorting.................................  $.003/item.               
    Trigger Ticket Expense..................  .012/account.             
Insertion of Rejects........................  .040/reject.              
Photocopies of Missing Items................  2.75/copy.                
Courier, Postage and Boxes..................  Actual.                   
Monthly fee for Special Handling............  25.00/cycle. $(75.00      
                                               minimum).                
                                                                        


 District. 10.--Federal Home Loan Bank of Topeka (1995 NOW/DDA Services)
   Deposit Processing Fees: (All Fees Per Item Unless Other Indicated)  
------------------------------------------------------------------------
                                                                Other   
  Processing center    Local item  Other local    Transit      transit  
------------------------------------------------------------------------
Colorado............       $0.015       $0.029       $0.040        $.067
Nebraska............        0.015        0.039        0.040         .067
Oklahoma............        0.015        0.038        0.040         .067
Kansas..............        0.015        0.038        0.040         .067
------------------------------------------------------------------------

Other Cash Letter

Encoding Fee..........................................................  0.023 per item.                         
Rejects on Encoded Items..............................................  0.15 per item.                          
Returns/Redeposits....................................................  0.80 per item.                          
Collections...........................................................  6.50 per item.                          
Coin and Currency.....................................................  2.50 per phone call.                    
Courier/Armored Car Cost..............................................  At Cost.                                
Research..............................................................  0.15 per item plus $12/hour.            
ACH Settlement........................................................  .50 per trans.                          
Photocopy.............................................................  2.25 per item.                          
Facsimile.............................................................  1.75 per page.                          
Postage...............................................................  At Cost.                                
                                                                                                                

Proof of Deposit Processing Fees: (All Fees Per Item Unless Other 
Indicated)

------------------------------------------------------------------------
                          Data                                 Account  
   Items per month      capture      Archival      Cycle         sort   
------------------------------------------------------------------------
1-50,000............       $0.011       $0.012       $0.009       $0.008
[[Page 28150]]
                                                                        
50,001-100,000......        0.008        0.012        0.006        0.008
100,001-150,000.....        0.006        0.010        0.004        0.006
150,001-250,000.....        0.005        0.010        0.003        0.006
250,001-500,000.....        0.004        0.010        0.002        0.006
500,001-Above.......        0.004        0.009        0.002        0.006
------------------------------------------------------------------------

Inclearing Processing Fees: (All Fees Per Item Unless Other Indicated)

------------------------------------------------------------------------
                                                                        
------------------------------------------------------------------------
1-50,000............       $0.009       $0.012       $0.009       $0.008
50,001-100,000......        0.006        0.012        0.006        0.008
100,001-150,000.....        0.004        0.010        0.004        0.006
150,001-250,000.....        0.003        0.010        0.003        0.006
250,001-500,000.....        0.002        0.010        0.002        0.006
500,001-Above.......        0.002        0.009        0.002        0.006
------------------------------------------------------------------------


------------------------------------------------------------------------
  Inclearing return                                                     
        items             City         RCPC       Country      Transit  
------------------------------------------------------------------------
Colorado............        $0.19        $0.29        $0.35        $0.73
Kansas..............         0.15         0.15         0.30         0.73
Nebraska............         0.25         0.31         0.37         0.73
Oklahoma............         0.16         0.20         0.22         0.73
------------------------------------------------------------------------


Return Item Pull.............................................................  $0.86                            
Return item Qualification....................................................  0.25                             
Large Item Return Notification...............................................  3.00                             
Settlement Only..............................................................  100.00 per month.                
Facsimile....................................................................  1.75                             
Postage......................................................................  At cost.                         
Photocopy....................................................................  2.25                             
Research.....................................................................  0.15 plus $12 per hour.          
Over the Counter Items.......................................................  0.03                             
                                                                                                                

Statement Processing Fees: (All Fees Per Item Unless Other Indicated)

Truncated Statement..........................................................  $0.08 per statement.             
Imaged Statement.............................................................  0.12 per statement.              
Cycled Statement.............................................................  0.20 per statement.              
Per Insert...................................................................  0.01 per insert.                 
Postage......................................................................  At Cost.                         
Imaged Check Printing........................................................  0.07 per page.                   
Statement Data Printing......................................................  0.07 per page.                   
Maintenance Fee..............................................................  250.0 per month.                 
                                                                                                                

DDA Processing Fees: (All Fees Per Item Unless Other Indicated)

Full Cycled..................................................................  $0.15                            
Full Truncated...............................................................  0.12                             
Basic Cycled.................................................................  0.11                             
Basic Truncated..............................................................  0.08                             
Maintenance Fee..............................................................  25.00 per month.                 
Debit........................................................................  0.15                             
Credit.......................................................................  0.15                             
Large Item Return Notification...............................................  3.00                             
Research.....................................................................  0.15 plus $12 per hour.          
Additional Statements........................................................  2.00                             
Photocopy....................................................................  2.25                             
Facsimile....................................................................  1.75                             
Postage......................................................................  At Cost.                         
                                                                                                                

Lockbox Processing Fees: (All Fees Per Item Unless Other Indicated)

1-50,000 items per month.....................................................  $0.110                           
50,001-80,000 items per month................................................  0.105                            
80,001-120,000 items per month...............................................  0.100                            
120,001-160,000 items per month..............................................  0.095                            
160,001-above items per month................................................  0.090                            
Processing Fee...............................................................  100.00 per month.                
Exception Items..............................................................  0.07                             
Photocopy....................................................................  2.25                             
[[Page 28151]]
                                                                                                                
Facsimile....................................................................  1.75                             
Postage......................................................................  At Cost.                         
                                                                                                                

District 11.--Federal Home Loan Bank of San Francisco (1995 NOW/DDA 
Services)

(Does not provide item processing services for third party accounts)

District 12.--Federal Home Loan Bank of Seattle (1995 NOW/DDA 
Services)

(Does not provide item processing services for third party accounts)

    By the Federal Housing Finance Board.
Rita I. Fair,
Managing Director.
[FR Doc. 95-12930 Filed 5-26-95; 8:45 am]
BILLING CODE 6725-01-M