US Reserve requirement ratio for non-transaction deposits
US Reserve requirement ratio for non-transaction deposits stood at 0% on Oct 12, 2026, according to Federal Reserve Board of Governors (Regulation D). It is one of the indicators in the Reserve requirements table (Value · Daily), with a complete series running from Nov 13, 1980 to Oct 12, 2026. The complete series with an interactive chart, free to download.
This indicator in the Reserve requirements table
| Indicator | 12-10-2026 | 05-10-2026 | 21-09-2026 | 30-07-2026 | 26-03-2020 | 25-03-2020 | 27-12-1990 | 26-12-1990 | 13-12-1990 | 12-12-1990 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RESERVE REQUIREMENT RATIO — CURRENT MECHANISM (SINCE 11/13/1980) | |||||||||||
| Non-transaction deposits (non-personal time deposits and foreign currency liabilities) | 0 | 0 | 0 | 0 | 0 | 1.5 | 1.5 | 3 | |||
| Net transaction deposits — amount within low reserve tranche | 0 | 0 | 0 | 0 | 0 | 3 |
Understanding US Reserve requirement ratio for non-transaction deposits
The reserve requirement applied specifically to non-transaction deposits, including time deposits and corporate or institutional foreign currency deposit accounts. Unlike net transaction deposits, non-transaction capital flows exhibit higher stability and thus generally face much lower reserve ratios or are brought to zero percent during most operating cycles.
Tracking this index helps identify the risk management orientation toward medium- and long-term mobilized capital sources within the banking system. When comparing data over time, attention should be paid to the dates of financial regulation revisions because these changes typically occur abruptly rather than on a fixed cycle. The data series directly reflects the degree of intervention in the cost of non-transaction capital sources.
Frequently asked questions
- What types of accounts do non-transaction deposits include?
- This group includes corporate time deposits, personal savings, and foreign currency accounts not used for check payments.
- What is the biggest difference between this indicator and transaction deposits?
- Non-transaction deposits are more stable, thus bearing a lower reserve ratio or consistently remaining at zero percent.
- At what frequency does this ratio fluctuate?
- Data is recorded daily, but the official ratio only changes when regulatory authorities decide to adjust the mechanism.