The Federal Reserve Board has published the findings of a survey conducted among senior financial officers at banks, focusing on their strategies and practices for managing reserve balances. This survey, known as the Senior Financial Officer Survey, is utilized by the Board to gather insights into how banks manage their reserve balance strategies and practices. It also seeks information on expectations regarding potential changes in both the size and composition of their balance sheets, deposit pricing strategies, and perspectives on Federal Reserve facilities.
The latest iteration of this survey was carried out in collaboration with the Federal Reserve Bank of New York from March 21 to March 31, 2025. The responses included in this survey represent banks that held approximately three-fourths of total banking system reserve balances at that time.
