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Banks that are members of the Federal Reserve have the benefit of

earning dividends from stock in the Federal Reserve.

voting rights on the Federal Open Market Committee.

appointment rights to the Board of Governors.

priority access to check-clearing services.

2 Answers

3 votes

I believe the answer is: earning dividends from stock in the Federal Reserve.

Banks that considered as members of the Federal Reserve is considered to have a certain percentage of ownership in the Federal Reserve, and would be issued a certain amount of stock as proof of ownership.

The dividend given by the federal reserve to the members would be depended on the amount of stock that they have.

User SimperT
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2 votes
Banks that are members of the Federal Reserve have the benefit of earning dividends from stock in the Federal Reserve.
User Yatanadam
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