reserve bank

Related to reserve bank: Federal Reserve Bank

reserve bank

1. A central bank that holds the reserves of other banks.

2. One of the 12 main banks of the US Federal Reserve System.

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

reserve bank

(Banking & Finance) one of the twelve banks forming part of the US Federal Reserve System

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

reserve′ bank`

1. one of the 12 principal banks of the U.S. Federal Reserve System.

2. a bank authorized by a government to hold the reserves of other banks.

[1900–05]

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Noun

reserve bank - one of 12 regional banks that monitor and act as depositories for banks in their region

Federal Reserve Bank

Federal Reserve, Federal Reserve System, FRS, Fed - 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; "the Fed seeks to control the United States economy by raising and lowering short-term interest rates and the money supply"

banking company, banking concern, depository financial institution, bank - a financial institution that accepts deposits and channels the money into lending activities; "he cashed a check at the bank"; "that bank holds the mortgage on my home"

References in periodicals archive ?

To some extent, the Reserve Bank's historical policy of maintaining solely hedged reserves was unusual compared to international central Reserve Bank practice, where almost all other central Reserve Banks maintain most, if not all of their foreign reserves on an unhedged basis.

The Reserve Bank's new approach to holding and managing its foreign reserves

* New York Federal Reserve Bank President John Williams is set to speak in in New York at 9:30 a.m.

Economic Data Scheduled For Wednesday

Washington: The Federal Reserve Board on Friday approved the reappointment of 10 Federal Reserve Bank presidents and 10 first vice presidents by their respective boards of directors.

Federal Reserve Board approves reappointment of Reserve Bank presidents and first vice presidents

Details of eligible members, including member updates are sent to Reserve Bank by ATMS monthly.

Reserve Bank Health Society Limited

Global Banking News-July 15, 2014--Territorial Savings Bank becomes member of the Federal Reserve Bank of San Francisco

Territorial Savings Bank becomes member of the Federal Reserve Bank of San Francisco

The Reserve Bank is seeking stakeholders' input for a strategic review of its payment and settlement systems.

Views sought in review of settlement systems: 12 May 2014

The purpose of the meetings, scheduled at Reserve Bank locations across the country, is to spark discussion and gather feedback on potential strategies for addressing gaps and opportunities in the U.S.

Federal Reserve to host payment system improvement Town Halls

The Federal Reserve Act requires each Reserve Bank to be governed by a nine-member board--three Class A directors elected by member banks to represent their interests, three Class B directors elected by member banks to represent the public, and three Class C directors that are appointed by the Federal Reserve Board to represent the public.

Federal Reserve Bank Governance: Opportunities Exist to Broaden Director Recruitment Efforts and Increase Transparency

A Conference Sponsored by the Federal Reserve Bank of New York

Central bank liquidity tools

The Federal Reserve Board approved on September 20, 2005, an action by the Board of Directors of the Federal Reserve Bank of San Francisco, increasing the discount rate at the Bank from 4 1/2 percent to 4 3/4 percent.

Increase in discount rate

As part of their ongoing effort to respond to the significant shift away from the use of paper checks and toward the much greater use of electronic payments, the Federal Reserve Banks will discontinue check processing at the Federal Reserve Bank of New York's East Rutherford Operations Center.