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What is a bank that belongs to the federal reserve system called? O local bank O member bank O national bank O central bank

What is a bank that belongs to the federal reserve system called? O local bank O member bank O national bank O central bank
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1 vote
What is a bank that belongs to the federal reserve system called?

O local bank
O member bank
O national bank
O central bank

User Saray
by
7.9k points

1 Answer

3 votes

Final answer:

A bank that belongs to the Federal Reserve System is called a member bank.

Step-by-step explanation:

The bank that belongs to the Federal Reserve System is called a member bank.

User Kalpaj Agrawalla
by
7.5k points
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