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Noun: Federal Reserve Bank
  1. One of 12 regional banks that monitor and act as depositories for banks in their region
    "The New York Federal Reserve Bank plays a crucial role in monetary policy";
    - reserve bank

Derived forms: Federal Reserve Banks

Type of: bank, banking company, banking concern, depository financial institution

Part of: Fed [informal], Federal Reserve, Federal Reserve System, FRS

Encyclopedia: Federal Reserve Bank