Member bank definition

Member bank means a national bank, state bank, or trust company which is a member of the United States federal reserve system.
Member bank means a member of VISA®, MasterCard® and/or Other Networks, as applicable, that provides sponsorship services in connection with this Agreement.

Examples of Member bank in a sentence

  • Or you could present your Card to any Visa Member bank that displays the Visa logo (for Visa), or to an American Express Travel Service Office (for American Express) or a MasterCard Member bank that displays the MasterCard logo (for MasterCard).

  • Th e d a t e fixed i n t h e offici a l n o t ice of c a ll p u blis h ed i n t h e F E D ER A L R E GI STER o n w h ic h Fm HA o r i t s s u ccesso r a ge n c y un de r P u blic La w 103–354 will m a k e p ay m e n t of t h e sec u- r i t y befo r e m a t ur i t y i n a cco r d an ce wi t h i t s t e r m s.(7) Member bank.

  • To approve, under§ 211.3(a) Regulation K (12 CFR part 211), an Edge corporation application to establish a branch abroad, provided that no senior officer or director of the involved parties is also a director of a Reserve Bank or branch and that no significant policy issue is raised by the proposal as to which the Board has not expressed its view.(4) Member bank establishing foreign branch.

  • Shareholders may vote their shares by appointing the TASE Member (bank, broker or other nominee that is admitted as a member of the TASE) through which they hold their shares as “proxies” to vote on their behalf, and they must direct the TASE Member on how to vote their shares.

  • Provided that the Administrator acts within the scope of its authority to any applicable instruction, it will be held harmless and is indemnified against any/all charges/expenses actually incurred by the Administrator relating to any transaction which is returned by the Member bank, and not given effect to.


More Definitions of Member bank

Member bank means a bank which is approved by MAS pursuant to section 29A of the Monetary Authority of Singapore Act to participate in MEPS+;
Member bank means any national bank, State bank, or bank or trust company which is a member of a Re- serve bank.§ 761.2 Authority of Reserve Banks.
Member bank means a national bank, state bank or trust company that is a member of the Federal Reserve System and through which an insurer participates in the Federal Reserve book-entry system.
Member bank means any national bank, state bank or banking and trust company which becomes a member of the Federal Reserve System;
Member bank means any banking institution that is a member of the Federal Reserve System, including any subsidiary of a member bank. The term does not include any foreign bank that maintains a branch in the United States, whether or not the branch is in- sured (within the meaning of 12 U.S.C. 1813(s)) and regardless of the operation of 12 U.S.C. 1813(h) and 12 U.S.C. 1828(j)(3)(B).
Member bank means any national bank, State bank or bank or trust com- pany which is a member of a Reserve Bank.§ 811.1 Authority of Reserve Banks.Each Reserve Bank is hereby author- ized, in accordance with the provisions of this part, to: (a) Issue book-entry Federal Financing Bank securities by Federal Financing Bank § 811.3 means of entries on its records which shall include the name of the depositor, the amount, the loan title (or series) and maturity date; (b) effect conver- sions between book-entry Federal Fi- nancing Bank securities and definitive Federal Financing Bank securities; (c) otherwise service and maintain book- entry Federal Financing Bank securi- ties; and (d) issue a confirmation of transaction in the form of a written ad- vice (serially numbered or otherwise) which specifies the amount and de- scription of any securities, that is, loan title (or series) and maturity date, sold or transferred and the date of the transaction.§ 811.2 Scope and effect of book-entry procedure.(a) A Reserve Bank, as fiscal agent of the United States acting on behalf of the Federal Financing Bank, may apply the book-entry procedure pro- vided for in this part to any Federal Fi- nancing Bank securities which have been or are hereafter deposited for any purpose in accounts with it in its indi- vidual capacity under terms and condi- tions which indicate that the Reserve Bank will continue to maintain such deposit accounts in its individual ca- pacity, notwithstanding application of the book-entry procedure to such secu- rities. This paragraph is applicable, but not limited, to securities deposited:
Member bank means a national bank, state bank, or trust company that is a member of the federal reserve system and through which an insurance company participates in the federal reserve book-entry system.