member bank


Also found in: Thesaurus, Financial.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.member bank - a bank that is a member of the Federal Reserve Systemmember bank - a bank that is a member of the Federal Reserve System
Federal 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"
References in periodicals archive ?
The first product is the new OInstant IssuanceO Service where the member bank can issue on-the-spot Europay, MasterCard and Visa (EMV) payment cards to their customers at their branches.
By placing the ABA Connect icon on their website, the member bank enables its employees to go directly to the ABA Connect splash page (aba.
com)-- Banque Centrale Populaire, one of Morocco's foremost and leading banks has been selected as Mediterranean Bank Network's member bank in Morocco.
The Federal Reserve Board announced on April 21, 2005, the issuance of a consent order of assessment of a civil money penalty against the Irwin Union Bank, Columbus, Indiana, a state member bank.
OnBank, a CLC member bank, agreed to the construction financing for this project based on the strength of CLC's commitment to the long-term permanent financing," said Dave Michel, CLC's central region director.
Each member bank has its own board of directors, chairman and president, who provide direction based on the individual local market.
Statutory and Regulatory Requirements For Obtaining Control of a State Member Bank
NOVA will provide processing services, customer service and support operations to more than 5,800 merchants of IBB's member bank network.
The Federal Reserve Board announced on March 16, 2005, the issuance of a consent order of assessment of a civil money penalty against the First Interstate Bank, Billings, Montana, a state member bank.
The Federal Reserve Board announced on November 15, 2004, the issuance of a consent order of assessment of a civil money penalty against the Cumberland Bank, Franklin, Tennessee, a state member bank.
The second is its unlimited hierarchies, which will allow each member bank to customize payment parameters to match the individual needs of every customer.