RESTRICTIONS ON CASH AND AMOUNTS DUE FROM BANKS

3 Months Ended

Sep. 30, 2024

Cash and Cash Equivalents [Abstract]

RESTRICTIONS ON CASH AND AMOUNTS DUE FROM BANKS

2.RESTRICTIONS ON CASH AND AMOUNTS DUE FROM BANKS

Effective March 26, 2020, the Board of Governors of the Federal Reserve reduced reserve requirement ratios to zero percent and therefore no reserve balance was required at September 30, 2024 or June 30, 2024.