Member Bank

Business, Legal & Accounting Glossary

Definition: Member Bank


Member Bank


Full Definition of Member Bank


Bank which is part of the Federal Reserve System; or more generally, a bank that is part of a central clearing or central banking system. Such banks have to follow the rules and regulations put forward by the central bank or the clearing system.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/member-bank/
Modern Language Association (MLA):
Member Bank. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/member-bank/.
Chicago Manual of Style (CMS):
Member Bank. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/member-bank/ (accessed: April 19, 2024).
American Psychological Association (APA):
Member Bank. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/member-bank/

Definition Sources


Definitions for Member Bank are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.