| / English Dictionary |
MEMBER BANK
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A bank that is a member of the Federal Reserve System
Classified under:
Nouns denoting groupings of people or objects
Hypernyms ("member bank" is a kind of...):
bank; banking company; banking concern; depository financial institution (a financial institution that accepts deposits and channels the money into lending activities)
Holonyms ("member bank" is a member of...):
Fed; Federal Reserve; Federal Reserve System; FRS (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)
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