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<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman","serif"">Treasury experienced an issue with the Local Government Voice Response System (VRS) ACH file containing transactions effective today (10/4/12). This would include Local
Government ACH transfers that were phoned in to our Voice Response System between 1:00 p.m. Tuesday, October 2<sup>nd</sup> and 1:00 p.m. Wednesday, October 3<sup>rd</sup> scheduled for settlement today (October 4<sup>th</sup>).<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman","serif"">As a result of the system issue, Local Governments expecting an ACH pool withdrawal into their bank accounts today instead received the withdrawal funds via either Fed
Wire transfer (or book transfer if the receiving account was at US Bank). <b>All Local Government withdrawal transfers that were scheduled to occur today were processed for today.<o:p></o:p></b></span></p>
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<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman","serif"">Local Governments expecting an ACH pool deposit from their bank account into their pool account today will see a one-day delay in the funds being removed from their bank
accounts. However, Treasury will be posting the impacted deposits to pool accounts today so that local governments see the deposits as if they occurred as originally scheduled (including related interest accrual), even though funds will not be removed from
bank accounts until tomorrow.<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman","serif"">We apologize for any inconvenience caused by this issue.
<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-size:14.0pt;font-family:"Times New Roman","serif"">Please contact Local Government Customer Service at 1-800-452-0345 if you have any questions.<o:p></o:p></span></p>
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