Federal Reserve bank
noun
: one of 12 reserve banks set up under the Federal Reserve Act to hold reserves and discount commercial paper for affiliated banks in their respective districts
Examples of Federal Reserve bank in a Sentence
Recent Examples on the Web
That’s according to the latest quarterly CFO survey from the Atlanta and Richmond Federal Reserve banks, in conjunction with Duke University’s Fuqua School of Business.
—
Elisabeth Buchwald, CNN, 24 Oct. 2024
For transactions of a similar speed, the largest American banks charge consumers far more: roughly $28 for a domestic wire transfer (slower options, such as using the Federal Reserve banks’ Automated Clearing House, cost less) and about $40 for an international transfer.
—Justin Muzinich, Foreign Affairs, 25 Oct. 2021
This tool points low-wage workers to more prosperous careers
In the meantime, the Federal Reserve banks of Philadelphia and Cleveland created an interactive tool called the Occupational Mobility Explorer that was released at the end of 2020.
—Jeanne Sahadi, CNN, 8 Mar. 2024
The Federal Reserve banks can make profits like normal banks, except that their profits are turned over to the Treasury each year.
—The Editors, National Review, 9 Jan. 2024
No other regional Federal Reserve bank has such a resource.
—Emre Kuvvet, WSJ, 11 Dec. 2023
Here’s what’s open and closed on the holiday: Monday is a bank holiday, so Federal Reserve banks and branches are closed, as well as other U.S. banks such as Bank of America, Regions, Citibank and Wells Fargo.
—Summer Lin, Los Angeles Times, 9 Oct. 2023
Thanks to public sector efforts, including Federal Reserve banks and private sector initiatives, some progress has been made.
—J. Christopher Giancarlo, Fortune Crypto, 22 Aug. 2023
Various Federal Reserve banks recycle the shreds in different ways.
—Emily Wright, Washington Post, 18 Aug. 2023
These examples are automatically compiled from online sources to
illustrate current usage. Opinions expressed in the examples do not represent those of
Merriam-Webster or its editors.
Send us feedback
about these examples.
Elisabeth Buchwald, CNN, 24 Oct. 2024
For transactions of a similar speed, the largest American banks charge consumers far more: roughly $28 for a domestic wire transfer (slower options, such as using the Federal Reserve banks’ Automated Clearing House, cost less) and about $40 for an international transfer.
—Justin Muzinich, Foreign Affairs, 25 Oct. 2021
This tool points low-wage workers to more prosperous careers
In the meantime, the Federal Reserve banks of Philadelphia and Cleveland created an interactive tool called the Occupational Mobility Explorer that was released at the end of 2020.
—Jeanne Sahadi, CNN, 8 Mar. 2024
The Federal Reserve banks can make profits like normal banks, except that their profits are turned over to the Treasury each year.
—The Editors, National Review, 9 Jan. 2024
No other regional Federal Reserve bank has such a resource.
—Emre Kuvvet, WSJ, 11 Dec. 2023
Here’s what’s open and closed on the holiday: Monday is a bank holiday, so Federal Reserve banks and branches are closed, as well as other U.S. banks such as Bank of America, Regions, Citibank and Wells Fargo.
—Summer Lin, Los Angeles Times, 9 Oct. 2023
Thanks to public sector efforts, including Federal Reserve banks and private sector initiatives, some progress has been made.
—J. Christopher Giancarlo, Fortune Crypto, 22 Aug. 2023
Various Federal Reserve banks recycle the shreds in different ways.
—Emily Wright, Washington Post, 18 Aug. 2023
Dictionary Entries Near Federal Reserve bank
Cite this Entry
“Federal Reserve bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Federal%20Reserve%20bank. Accessed 8 Nov. 2024.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share