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
The Federal Open Market Committee (FOMC), a 12-member body responsible for setting interest rates, is made up of the seven members of the Fed board as well as a rotating set of five Federal Reserve bank presidents.
—
Max Zahn, ABC News, 28 Aug. 2025
The board members, along with the five presidents of the regional Federal Reserve banks, make up the Federal Open Market Committee, which decides the Fed's key interest rate.
—Bailey Schulz, USA Today, 27 Aug. 2025
The presidents of the regional Federal Reserve banks are selected by the boards of directors of those banks, but are subject to the approval of the Fed’s board of governors.
—Nino Paoli, Fortune, 21 Aug. 2025
Susan Collins became the first woman of color to lead any of the nation’s regional Federal Reserve banks when she was tapped to lead the Boston Fed in 2022.
—Maggie McGrath, Forbes.com, 30 July 2025
Survey data from the regional Federal Reserve banks confirms this, as well as private sources like the Conference Board.
—E.j. Antoni, Boston Herald, 13 July 2025
Some banks, including Federal Reserve banks, Chase Bank, Fifth Third Bank, PNC Bank, Bank of America and Wells Fargo will be closed.
—Kaycee Sloan, The Enquirer, 2 July 2025
Juneteenth is a Federal Reserve bank holiday, USA TODAY reports, meaning most banks, such as Wells Fargo, Citibank, Bank of America, Truist and others, will also be closed on June 19.
—Alex Perry, Cincinnati Enquirer, 19 June 2025
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Max Zahn, ABC News, 28 Aug. 2025
The board members, along with the five presidents of the regional Federal Reserve banks, make up the Federal Open Market Committee, which decides the Fed's key interest rate.
—Bailey Schulz, USA Today, 27 Aug. 2025
The presidents of the regional Federal Reserve banks are selected by the boards of directors of those banks, but are subject to the approval of the Fed’s board of governors.
—Nino Paoli, Fortune, 21 Aug. 2025
Susan Collins became the first woman of color to lead any of the nation’s regional Federal Reserve banks when she was tapped to lead the Boston Fed in 2022.
—Maggie McGrath, Forbes.com, 30 July 2025
Survey data from the regional Federal Reserve banks confirms this, as well as private sources like the Conference Board.
—E.j. Antoni, Boston Herald, 13 July 2025
Some banks, including Federal Reserve banks, Chase Bank, Fifth Third Bank, PNC Bank, Bank of America and Wells Fargo will be closed.
—Kaycee Sloan, The Enquirer, 2 July 2025
Juneteenth is a Federal Reserve bank holiday, USA TODAY reports, meaning most banks, such as Wells Fargo, Citibank, Bank of America, Truist and others, will also be closed on June 19.
—Alex Perry, Cincinnati Enquirer, 19 June 2025
Cite this Entry
“Federal Reserve bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Federal%20Reserve%20bank. Accessed 9 Sep. 2025.
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