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Others are state commercial banks that have chosen to be members. Of the more than 9,000 commercial banks in the country, more than 3,700 are members of the Fed.

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14y ago

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Why did the Members banks must leave this with the Fed?

Reserve requirement


What does the Fed do for commercial banks?

The main thing the Fed does is that it is the Bank that Banks deposit their money in.


How many dollar singles in a pack?

All US currency comes from the fed to banks in 100 packs


To whom does the Fed lend money?

other banks.


Are banks the investors that the fed buys the bonds from?

Usually


How many members of the Board of Governors are there?

The Fed's primary policy-making group is the seven-member Board of Governors.


What is a really good and easy to work new wrestling fed?

http://newwrestlingfed.proboards.com/index.cgi theres not many members though it is easy and a great e fed/ wrestling fed or so i tink


Who regulates interest rates?

To a certain extent the banks do. But the Fed, which lends money to banks, can have an impact on it depending on what interest they charge the banks.


How does the Fed implement interest rate cuts Or How does the Fed force all banks to lower their interest rates?

monetary policy


How does the Fed influence banks to lower the interest rate they charge for lending money?

The Fed influences banks to lower the interest rate they charge for lending money by adjusting the federal funds rate, which is the interest rate at which banks lend to each other. When the Fed lowers the federal funds rate, it becomes cheaper for banks to borrow money, leading them to lower the interest rates they charge for lending to customers.


How does the fed serve the government member banks and individuals?

The primary responsibility of the central bank is to influence the flow of money and credit in the nation's economy. Members of these banks serve on the Federal Open Market Committee (FOMC). Second, the boards of directors of the Federal Reserve Banks initiate changes in the discount rate, the rate of interest on loans made by Reserve Banks to depository institutions.


How does the Fed influence interest rates?

The Federal Reserve controls the interest rate at which federal banks lend money. This, in turn, has a cascading effect, in which other banks interest rates are determined based on the rate set by the Fed.