NOUN | group | Federal Reserve Bank, reserve bank | one of 12 regional banks that monitor and act as depositories for banks in their region |
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Meaning | One of 12 regional banks that monitor and act as depositories for banks in their region. | |
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Synonym | reserve bank | |
Member of | Federal Reserve System, Federal Reserve, Fed, FRS | The central bank of the United States |
Broader | depository financial institution, bank, banking concern, banking company | A financial institution that accepts deposits and channels the money into lending activities |
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