US lawFederal (United States)RegulationsTitle 12 CFR — Banks and BankingChapter XII — FEDERAL HOUSING FINANCE AGENCYPart 1271 — MISCELLANEOUS FEDERAL HOME LOAN BANK OPERATIONS AND AUTHORITIESSubpart A — Collection, Settlement, and Processing of Payment Instruments1271.512 C.F.R. § 1271.5Operations.Last amended: 2016Year: 2026Length: 41 wordsOfficial source Cite as 12 C.F.R. § 1271.5 (2026)A Bank may utilize the services of a Federal Reserve Bank and may become a member or use the services of a clearinghouse, public or private financial institution, or agency in the exercise of any powers or functions under this subpart.Previous12 C.F.R. § 1271.4Next12 C.F.R. § 1271.6