TCMM Operations definition
TCMM Operations means the operations, management and monitoring functions for collateral pledged to the Treasury and government agencies; including performing new Collateral Account set-up, account maintenance, and collateral withdrawals; customer support for obligors/pledgors and government agencies as custodian and in its role as fiscal agent for Treasury; and the retention of records for all collateral functions and related activities. As of June 2024, TCMM Operations functions are performed by the Bureau of the Fiscal Service at the Federal Reserve Bank of St. ▇▇▇▇▇.