member bank Antonyms
No Synonyms and anytonyms found
Meaning of member bank
Wordnet
member bank (n)
a bank that is a member of the Federal Reserve System
member bank Sentence Examples
- The member bank played a crucial role in facilitating the smooth functioning of the Federal Reserve System.
- The Federal Reserve grants membership to eligible banks that meet specific criteria and agree to certain obligations.
- The central bank maintains a directory of member banks, providing information on their location, assets, and key financial indicators.
- Member banks are required to hold reserves with the central bank, which helps control the money supply and ensure financial stability.
- The central bank provides liquidity support to member banks through various lending facilities, enhancing their ability to meet customer demand for资金.
- Member banks participate in the Fed's payment system, which enables efficient and secure transfer of funds between financial institutions.
- The member bank acted as a clearinghouse for checks, facilitating the exchange of payments between customers of different banks.
- The central bank conducts monetary policy operations through member banks, influencing interest rates and economic activity.
- Member banks provide a range of banking services to their customers, including deposit accounts, loans, and investment products.
- The status of a member bank confers certain benefits and responsibilities, including access to central bank resources and a role in the governance of the Federal Reserve System.
FAQs About the word member bank
a bank that is a member of the Federal Reserve System
No synonyms found.
No antonyms found.
The member bank played a crucial role in facilitating the smooth functioning of the Federal Reserve System.
The Federal Reserve grants membership to eligible banks that meet specific criteria and agree to certain obligations.
The central bank maintains a directory of member banks, providing information on their location, assets, and key financial indicators.
Member banks are required to hold reserves with the central bank, which helps control the money supply and ensure financial stability.
