member bank

A bank that is a member of the Federal Reserve System.

— Also termed reserve bank. See FEDERAL RESERVE SYSTEM. [Cases: Banks and Banking 359. C.J.S. Banks and Banking §§ 661–662.]

---

词条贡献者

双语律师郭敏，国际知名商学院金融专业，擅长翻译各类与金融衍生品与结构化产品相关的法律文件。