1. Home
  2. / Federal Reserve System
  3. / Are nationally chartered commercial banks required to hold stock in their regional Federal Reserve Bank?

Are nationally chartered commercial banks required to hold stock in their regional Federal Reserve Bank?

  • Yes

  • No

  • Only if they choose to

  • Only for large banks

Answer

Nationally chartered commercial banks are required to hold stock in their regional Federal Reserve Bank. This requirement helps to ensure that these banks are subject to the oversight and regulation of the Federal Reserve System.
Federal Reserve System Superfan Quiz: 20 Questions to separate the real fans from the posers

Federal Reserve System Superfan Quiz: 20 Questions to separate the real fans from the posers

Take the Federal Reserve System Quiz
Subscribe newsletter

Subscribe Now!

Learn something
new everyday

Playing quizzes is free! We send 1 quiz every week to your inbox