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.]
member bank
member bank
member bank 〈美〉会员银行；成员银行 成为联邦储备系统会员的商业银行。所有国民银行都自动成为该系统会员，州立银行的加入需经批准。会员银行必须按其客户存款的一定比例持有准备金，准备金可以是自有资金或是在联储的存款。