This chapter applies to the maintenance and use of non-public personal information obtained by a Federal Reserve Bank (FRB) in its capacity as fiscal agent for the U.S. Department of the Treasury, Bureau of the Fiscal Service (Fiscal Service).

This chapter provides guidance to FRBs providing designated fiscal agent services through delegation by The Secretary of the Treasury (Secretary), or the Secretary's delegates.

The Secretary of the Treasury (Secretary), or the Secretary's defined delegates under Section 15 of the Federal Reserve Act, as amended (12 U.S.C. 391), is authorized to require the FRBs to act as depositaries and fiscal agents of the United States and may prescribe regulations in connection with these responsibilities.

For terms and definitions related to this chapter, please view the TFX Glossary.

When acting in the role of fiscal agent, an FRB may be required to design, develop, operate, or maintain a system of records on individuals to accomplish an Fiscal Service required function in compliance with the Privacy Act of 1974 (5 U.S.C. § 552a) and applicable Treasury Department regulations. The term "system of records" means a group of any records under the control of any Federal agency from which information is retrieved by the name of the individual or by some identifying number, symbol, or other identifying particular assigned to the individual.

As fiscal agents for the Bureau of the Fiscal Service, the FRBs shall protect the security and confidentiality of non-public personal information (including any information contained in a system of records) obtained by them in their fiscal agency role against any anticipated threats or hazards to the security or integrity of such information, and against unauthorized access to or use or reuse of such information for any purposes other than as authorized by Fiscal Service. Non-public personal information includes, but is not limited to, such information as payee names and Social Security numbers that would appear on Treasury checks processed by FRBs. FRBs shall inform their employees, contractors, and agents to whom non-public personal information is or may be disclosed of their responsibilities in complying with this provision.

Direct inquiries concerning this chapter to:

Department of the Treasury 
Bureau of the Fiscal Service 
Federal Reserve Liaison Division Program Director
3201 Pennsy Drive, Building E 
Landover, MD 20785
federal.reserve.liaison.office@fiscal.treasury.gov