On October 31, the Fed announced new fee schedules, effective January 2, 2014, for payment services the Federal Reserve Banks provide to depository institutions (priced services). The effective fees for the Reserve Banks’ Check 21 services are expected to decline 2%. The effective fees for the Reserve Banks’ FedACH^® service will decline marginally. The effective fees will increase about 8% for Fedwire^® Funds and National Settlement Services and decrease about 1% for Fedwire^® Securities Service. The Board also approved a modest increase to FedLine^® access fees. Fee schedules for all priced services will be available on the Federal Reserve Banks’ financial services website. Notice. Proposed Rule.