Federal Reserve Bank definition

Federal Reserve Bank. The Federal Reserve Bank of New York and/or such other Federal Reserve Banks as may maintain Pass-Through Certificates on the Fed System, or any successor selected or approved by Xxxxxxx Mac.
Federal Reserve Bank means the Federal Reserve Banks created and organized under authority of the Federal Reserve Act;
Federal Reserve Bank means the Board of Governors of the Federal Reserve System, or any successor thereto or to the functions thereof.

Examples of Federal Reserve Bank in a sentence

  • In addition, all Northern Trust activities are subject to supervision by the Federal Reserve Bank of Chicago and where relevant, by the Reserve Bank of India.

  • Credit given to you with respect to an ACH credit entry is provisional until we receive final settlement for such entry through a Federal Reserve Bank.

  • Notwithstanding anything herein to the contrary, from and after the Final Closing Date, the Lender or such other Holder may pledge or grant a security interest in the right to payment or other benefit hereunder to any Federal Reserve Bank without the consent of any party, without notice to any party and without payment of any fees in accordance with applicable law.

  • The Bank may at any time pledge or grant a security interest in all or any portion of its rights under this Agreement (including under the Note) to secure obligations of the Bank, including any pledge or grant to secure obligations to a Federal Reserve Bank; provided that no such pledge or grant shall release the Bank from any of its obligations hereunder or substitute any such pledgee or grantee for the Bank as a party hereto.

  • The School District will provide for direct deposit of paychecks to financial institutions approved by the Federal Reserve Bank of Minneapolis.


More Definitions of Federal Reserve Bank

Federal Reserve Bank means the Federal Reserve Bank of the United States of America.
Federal Reserve Bank means a Fed- eral Reserve Bank or Branch acting as agent for the Farm Credit banks and the Funding Corporation.
Federal Reserve Bank means any of the twelve regional Federal Reserve Banks chartered under the laws of the United States.
Federal Reserve Bank means any one of the Federal Reserve Banks.
Federal Reserve Bank. A Federal Reserve Bank (as that term is used in Section 2 of the Federal Reserve Act, 12 U.S.C. § 225, as in effect from time to time).
Federal Reserve Bank means a regional bank of the Federal Reserve System, the central banking system of the U.S., created by the Federal Reserve Act of 1913.
Federal Reserve Bank means a Fed- eral Reserve Bank or Branch.