the crediting and distribution of earnings 
attributable to balances maintained, in ac-
cordance with subsection (c)(1)(A), in a 
Federal reserve bank by any such entity on 
behalf of depository institutions. 
‘‘(C) 
DEPOSITORY
INSTITUTIONS
DE-
FINED.—For purposes of this paragraph, the 
term ‘depository institution’, in addition to the 
institutions described in paragraph (1)(A), in-
cludes any trust company, corporation organized 
under section 25A or having an agreement with 
the Board under section 25, or any branch or 
agency of a foreign bank (as defined in section 
1(b) of the International Banking Act of 1978).’’. 
(b) AUTHORIZATION FOR PASS THROUGH RESERVES 
FOR MEMBER BANKS.—Section 19(c)(1)(B) of the Federal 
Reserve Act (12 U.S.C. 461(c)(1)(B)) is amended by strik-
ing ‘‘which is not a member bank’’. 
(c) CONSUMER BANKING COSTS ASSESSMENT.— 
(1) IN GENERAL.—The Federal Reserve Act (12 
U.S.C. 221 et seq.) is amended— 
(A) by redesignating sections 30 and 31 as 
sections 31 and 32, respectively; and 
(B) by inserting after section 29 the fol-
lowing new section:
‘‘SEC. 30. SURVEY OF BANK FEES AND SERVICES. 
‘‘(a) ANNUAL SURVEY REQUIRED.—The Board of Gov-
ernors of the Federal Reserve System shall obtain annually 
a sample, which is representative by type and size of the 
institution (including small institutions) and geographic 
location, of the following retail banking services and prod-
ucts provided by insured depository institutions and in-
sured credit unions (along with related fees and minimum 
balances): 
‘‘(1) Checking and other transaction accounts. 
‘‘(2) Negotiable order of withdrawal and savings 
accounts. 
‘‘(3) Automated teller machine transactions. 
‘‘(4) Other electronic transactions. 
‘‘(b) MINIMUM SURVEY REQUIREMENT.—The annual 
survey described in subsection (a) shall meet the following 
minimum requirements: 
‘‘(1) CHECKING AND OTHER TRANSACTION AC-
COUNTS.—Data on checking and transaction accounts 
shall include, at a minimum, the following: 
‘‘(A) Monthly and annual fees and min-
imum balances to avoid such fees. 
‘‘(B) Minimum opening balances. 
‘‘(C) Check processing fees. 
‘‘(D) Check printing fees. 
‘‘(E) Balance inquiry fees.
‘‘(F) Fees imposed for using a teller or other 
institution employee. 
‘‘(G) Stop payment order fees. 
‘‘(H) Nonsufficient fund fees. 
‘‘(I) Overdraft fees. 
‘‘(J) Fees imposed in connection with 
bounced-check protection and overdraft protec-
tion programs. 
‘‘(K) Deposit items returned fees. 
‘‘(L) Availability of no-cost or low-cost ac-
counts for consumers who maintain low bal-
ances. 
‘‘(2) NEGOTIABLE ORDER OF WITHDRAWAL AC-
COUNTS AND SAVINGS ACCOUNTS.—Data on negotiable 
order of withdrawal accounts and savings accounts 
shall include, at a minimum, the following: 
‘‘(A) Monthly and annual fees and min-
imum balances to avoid such fees. 
‘‘(B) Minimum opening balances. 
‘‘(C) Rate at which interest is paid to con-
sumers. 
‘‘(D) Check processing fees for negotiable 
order of withdrawal accounts. 
‘‘(E) Fees imposed for using a teller or 
other institution employee.
‘‘(F) Availability of no-cost or low-cost ac-
counts for consumers who maintain low bal-
ances. 
‘‘(3) AUTOMATED TELLER TRANSACTIONS.—Data 
on automated teller machine transactions shall in-
clude, at a minimum, the following: 
‘‘(A) Monthly and annual fees. 
‘‘(B) Card fees. 
‘‘(C) Fees charged to customers for with-
drawals, deposits, and balance inquiries through 
institution-owned machines. 
‘‘(D) Fees charged to customers for with-
drawals, deposits, and balance inquiries through 
machines owned by others. 
‘‘(E) Fees charged to noncustomers for with-
drawals, deposits, and balance inquiries through 
institution-owned machines. 
‘‘(F) Point-of-sale transaction fees. 
‘‘(4) OTHER ELECTRONIC TRANSACTIONS.—Data 
on other electronic transactions shall include, at a 
minimum, the following: 
‘‘(A) Wire transfer fees. 
‘‘(B) Fees related to payments made over 
the Internet or through other electronic means.