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Federal Reserve Bank
Thesaurus| Noun | 1. |  Federal Reserve Bank - one of 12 regional banks that monitor and act as depositories for banks in their regionreserve bankFederal Reserve, Federal Reserve System, FRS, Fed - the central bank of the United States; incorporates 12 Federal Reserve branch banks and all national banks and state-chartered commercial banks and some trust companies; "the Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply"banking company, banking concern, depository financial institution, bank - a financial institution that accepts deposits and channels the money into lending activities; "he cashed a check at the bank"; "that bank holds the mortgage on my home" |
EncyclopediaSeeFederal Reserve SystemFederal Reserve Bank
Federal Reserve BankOne of the 12 member banks constituting the Federal Reserve System that is responsible for overseeing the commercial and savings banks of its region to ensure their compliance with regulation.Federal Reserve BankOne of 12 banks that make up the Federal Reserve System. Each Federal Reserve Bank has the authority to regulate member banks in its region, as well as regulate the money supply. Every member bank is required to buy stock in its district's Federal Reserve Bank in order to support its efforts. There are Federal Reserve Banks in Atlanta, Boston, Chicago, Cleveland, Dallas, Kansas City, Minneapolis, New York, Philadelphia, Richmond, San Francisco, and St. Louis. Of these, the New York Federal Reserve is the most important and has the most responsibilities.Federal Reserve Bank the CENTRAL BANK of the USAAcronymsSeeFRBFederal Reserve Bank
Synonyms for Federal Reserve Banknoun one of 12 regional banks that monitor and act as depositories for banks in their regionSynonymsRelated Words- Federal Reserve
- Federal Reserve System
- FRS
- Fed
- banking company
- banking concern
- depository financial institution
- bank
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