reserve bank

American  

noun

1. one of the 12 principal banks of the U.S. Federal Reserve System.

2. a bank authorized by a government to hold the reserves of other banks.

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reserve bank British  

noun

1. one of the twelve banks forming part of the US Federal Reserve System

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Etymology

Origin of reserve bank

First recorded in 1900–05

Example Sentences

“Sometimes people put out results that point one way and another reserve bank can put out results that point another way. This is how we get better.”

From Barron's • Feb. 19, 2026

Logan hasn’t been a member of the Fed’s policy committee this year, under the system that rotates votes annually among the Fed’s 12 reserve bank presidents.

From The Wall Street Journal • Oct. 31, 2025

Trade Minister Vitumbiko Mumba has acknowledged that forex has to be rationed but says registered businesses can apply for essentials via the reserve bank or finance ministry.

From BBC • Jun. 27, 2025

That has drawn attention to the process through which reserve bank presidents are renominated to new terms.

From Washington Post • Oct. 6, 2021

The processes provided by the act for the issue of Federal Reserve notes to the reserve bank permit complete interchangeability between gold and rediscounts held by the agent.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur

Related Words

• central bank