Federal Reserve Bank

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Noun1.Federal Reserve Bank - one of 12 regional banks that monitor and act as depositories for banks in their regionFederal Reserve 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 ?
citizens may make payments using fictitious accounts held at the Federal Reserve Banks.
On September 22, 2005, the Federal Reserve Board approved actions by the Boards of Directors of the Federal Reserve Banks of Cleveland, Atlanta, and Dallas, increasing the discount rate at the Banks from 4 1/2 percent to 4 3/4 percent.
But that's what Federal Reserve banks across the country have been doing for decades.
The Federal Reserve Banks announced on June 28, 2005, changes to cash services that are intended to improve operating effectiveness by providing cash services at some locations using different distribution methods.
The Federal Reserve Banks on June 16, 2004, announced a strategy to accommodate the evolution of the nation's payments system from paper check processing to electronic processing, a development driven by a significant broad-based change in user preference.
The Federal Reserve Banks impute this income when setting fees and measuring actual priced-service cost recovery each year.
The Board on May 20, 2003, also approved a final rule that deletes obsolete numbers from and adds new numbers to the list of routing numbers in Appendix A for checks drawn on Federal Reserve Banks and Federal Home Loan Banks.

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