Banking

• Safety & Soundness Supervision
• Consumer Affairs & CRA Supervision
• Supervisory & Regulatory Guidance
• Applications & Notices
  • Overview
  • Federal Reserve Membership
  • Banking Markets & HHI
  • Resources
• Financial/Regulatory Reporting & Banking Data
  • Overview
  • Electronic Submission
  • Submission Deadlines
• Structure Information
  • Overview
  • Structure Reporting
  • District Highlights
  • What Happened to...?
• Credit & Payment Risk Management
  • Credit Office
  • Payment Risk Management
• Supervisory Policy and Risk Analysis
• Financial Services 

Applications & Notices

Federal Reserve Membership

Introduction

Who can be a member of the Federal Reserve System?

Any state-chartered bank may become a member of the Federal Reserve System. The 12 regional Reserve banks supervise state member banks as part of the Federal Reserve System's mandate to assure strength and stability in the nation's domestic markets and banking system. Reserve bank supervision is carried out in partnership with the state regulator, assuring a consistent and unified regulatory environment. Regional and community banking organizations constitute the largest number of banking organizations supervised by the Reserve banks.

To learn more about the Fed as your federal banking supervisor, please continue reading.

NEXT: A Place for You at the Fed—A Message from James Bullard, President and CEO