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
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In other economic news, factory activity in the Philadelphia area was a bit stronger than expected in June, according to the regional Federal Reserve bank. Sean Conlon,lisa Kailai Han,lee Ying Shan, CNBC, 17 June 2026 But a recent study by economists at two Federal Reserve banks that looked at employment in local economies after the arrival of a large number of unauthorized immigrants earlier this decade shows that’s not the case, said Michael Clemens, an economics professor at George Mason University. Tami Luhby, CNN Money, 28 Apr. 2026 Others, including actor Al Pacino and San Francisco Federal Reserve bank CEO Mary Daly, crashed on friends’ and family members’ couches. Jessica Jacolbe, Forbes.com, 9 Apr. 2026 Amarnath has also gone through the interviews regional Federal Reserve banks have held with businesses. Josh Boak, Los Angeles Times, 18 Mar. 2026 Regional presidents of Federal Reserve banks are selected by a panel of executives at nonprofit groups and businesses in districts around the country and then approved every five years by the central bank's board of governors. Steve Kopack, NBC news, 11 Dec. 2025 On a near-daily basis, markets are reacting to hints dropped by regional Federal Reserve bank presidents, Fed governors, FOMC meeting notes, and data which may color the decision-making of the group. Eleanor Pringle, Fortune, 26 Nov. 2025 The Federal Reserve bank’s 2024 lawsuit was folded into a related dispute between Benworth and a technology company called Womply that Benworth partnered with to process PPP loans. Ben Wieder, Miami Herald, 12 Sep. 2025 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

Word History

First Known Use

1913, in the meaning defined above

Time Traveler
The first known use of Federal Reserve bank was in 1913

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Cite this Entry

“Federal Reserve bank.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/Federal%20Reserve%20bank. Accessed 6 Jul. 2026.

Legal Definition

Federal Reserve bank

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