National Member Banks Law and Legal Definition
Member banks are national or state chartered banks that are members of the Federal Reserve System. A member bank follows the rules and regulations put forward by the central bank or the clearing system.
Pursuant to 12 USCS § 1813, a national member bank is a national bank which is a member of the Federal Reserve System. The term state member bank means a state bank which is a member of the Federal Reserve System.
Legal Definition list
- National Member Bank
- National Mediation Board [NMB]
- National Maximum Speed Law
- National Marine Fisheries Service
- National Manufactured Housing Construction and Safety Standards Act
- National Member Banks
- National Methamphetamine Information Clearinghouse Act
- National Military Command Center [NMCC]
- National Minimum Drinking Age Act
- National Minority Supplier Development Council
- National Monument
Related Legal Terms
- Academy for International Conflict Management and Peacebuilding [USIP]
- Access Control List [National Security]
- Access Control Mechanism [National Security]
- Accessible Space [National Security]
- Accidental Death and Dismemberment [Insurance]
- Account [Banks & Banking]
- Acting in Concert [Banks & Banking]
- Activity of Multinational Enterprises
- Adult Member of the Household
- Advanced Placement or International Baccalaureate Course [Education]
