Online Publication Highlights Trends and Emerging Risks in the Financial Services Industry

The Federal Reserve Bank of Cleveland is offering free subscriptions to Fourth District Conditions, an online publication that focuses on trends and emerging risks in the financial services industry. The current issue, for example, takes a look at credit quality and says credit conditions could deteriorate further in 2001.

Fourth District Conditions is produced by the Bank's Supervision and Regulation Department for financial institutions and others interested in issues affecting the financial services industry. The quarterly publication is delivered directly to subscribers via e-mail. To view the current issue, go to To subscribe, go to


The Federal Reserve Bank of Cleveland is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., comprise the Federal Reserve System. As the nation's central bank, the Federal Reserve System formulates U.S. monetary policy, supervises certain banks and all bank holding companies, and provides payment services to depository institutions and the U.S. government. Payment services include check clearing, electronic payments, and the distribution and processing of currency and coin.

The Federal Reserve Bank of Cleveland, including its branch offices in Cincinnati and Pittsburgh, serves the Fourth Federal Reserve District, which includes Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia.