Bank which is part of the Federal Reserve System; or more generally, a bank...
A national- or state-chartered bank that is a member of the Federal Reserve System.
A depository financial institution that is a member of the Federal Reserve System in the U.S. All nationally chartered banks in the United States are required to be members of the Federal Reserve. Member banks must meet certain criteria established by the Federal Reserve Bank and must adhere to federal banking regulations. Only member banks can borrow funds from the Federal Reserve discount window.
Bank which is part of the Federal Reserve System. see also borrowed reserves, Central Bank, discount rate, FDIC, Federal Reserve Bank, multiplier effect, National Bank, reserve requirement.
Depository institution that is a member of the Federal Reserve System. All federally chartered banks are automatically members of the System. State-chartered banks are divided into those that are members of the System (state member banks) and those that are not (nonmember banks).
A commercial bank with membership in the Federal Reserve System, and which maintains reserve deposits in the Federal Reserve Bank in its district.