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Definition of Member bank
1. Noun. A bank that is a member of the Federal Reserve System.
Generic synonyms: Bank, Banking Company, Banking Concern, Depository Financial Institution
Lexicographical Neighbors of Member Bank
Literary usage of Member bank
Below you will find example usage of this term as found in modern and/or classical literature:
1. Journal by Texas Legislature. Senate, Legislature, United States Congress. Senate, Texas State Library, Texas (1914)
"As such funds are paid to The Bank of Texas either by the State Treasurer as
trustee or the member bank, The Bank of Texas shall execute and deliver to the ..."
2. Money and Banking: Illustrated by American History by Horace White (1911)
"When a member bank increases its capital stock or surplus, it shall thereupon
subscribe for an additional amount of capital stock of the Federal reserve ..."
3. Money and Banking by John Thom Holdsworth (1920)
"receive from any non-member bank or trust company, solely for the purposes of
exchange or collection, deposits of money, checks, sight drafts, ..."
4. The Operation of the New Bank Act by Thomas Conway, Ernest Minor Patterson (1914)
"When a member bank increases its capital stock or surplus, it shall thereupon
subscribe for an additional amount of capital stock of the Federal reserve ..."
5. Money and Banking by John Thom Holdsworth (1917)
"As finally passed the Act provided that a member bank should not be prohibited
from "charging its actual expense incurred in collecting and remitting funds, ..."
6. The Financial Organization of Society by Harold Glenn Moulton (1921)
"Under this plan a member bank in Milwaukee, which receives a check drawn on a
bank in Springfield, Illinois, accepts the check from its customer at par and ..."
7. Organized Banking by Eugene Ewald Agger (1918)
"of capital or surplus of any member bank and the allotment of additional capital
... Decrease of capital stock I. Whenever a member bank reduces its capital ..."
Other Resources:
