reserve bank


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Related to reserve bank: Federal Reserve Bank

reserve bank

n.
1. A central bank that holds the reserves of other banks.
2. One of the 12 main banks of the US Federal Reserve System.

reserve bank

n
(Banking & Finance) one of the twelve banks forming part of the US Federal Reserve System

reserve′ bank`


n.
1. one of the 12 principal banks of the U.S. Federal Reserve System.
2. a bank authorized by a government to hold the reserves of other banks.
[1900–05]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.reserve bank - one of 12 regional banks that monitor and act as depositories for banks in their regionreserve bank - one of 12 regional banks that monitor and act as depositories for banks in their region
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 ?
This report (1) analyzes the level of diversity on the boards of directors and assesses the extent to which the process of identifying possible directors and appointing them results in diversity on the boards, (2) evaluates the effectiveness of policies and practices for identifying and managing conflicts of interest for Reserve Bank directors, and (3) compares Reserve Bank governance practices with the practices of selected organizations.
The Federal Reserve Board approved on September 20, 2005, an action by the Board of Directors of the Federal Reserve Bank of San Francisco, increasing the discount rate at the Bank from 4 1/2 percent to 4 3/4 percent.
As part of their ongoing effort to respond to the significant shift away from the use of paper checks and toward the much greater use of electronic payments, the Federal Reserve Banks will discontinue check processing at the Federal Reserve Bank of New York's East Rutherford Operations Center.
I had already met the other Board members--Mike Kelley, Larry Lindsey, Susan Phillips, Janet Yellen, and, of course, Alma Greenspan--but I had previously met only a few of the Reserve Bank presidents.
Rod Palencia says his reason for taking a tour of the Federal Reserve Bank branch in downtown Los Angeles was simple, ``it was to get a better understanding of how the banking system operates.
India's central bank, the Reserve Bank of India, has relaxed entry norms for banks in insurance business, making it easier for foreign companies to find partners for their operations in the country.
Moskow has been named president of the Federal Reserve Bank of Chicago, effective Sept.
CLEVELAND -- The Federal Reserve Bank of Cleveland announced the following appointments to its main office and branch boards of directors and to the Federal Advisory Council.
As of December 10, 2005, the Oklahoma City Branch office of the Federal Reserve Bank of Kansas City will no longer process checks, and depository institutions that were assigned to that office have been reassigned to the head office of the Federal Reserve Bank of Dallas.
CONTACT: Nancy Goodman, 312-322-5110 or Suzanne Heffner, 312-322-5108, both of the Federal Reserve Bank of Chicago.
CLEVELAND -- Stephen Jenkins has been appointed senior vice president responsible for the banking supervision function at the Federal Reserve Bank of Cleveland, effective March 1, 2007.
The Federal Reserve Board approved fee schedules on November 2, 2005, for Federal Reserve Bank payment services for depository institutions (priced services), effective January 3, 2006.

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