Working Paper

The cost of membership in the Federal Reserve System


Abstract: The disadvantages or \"costs\" associated with membership in the Federal Reserve System, apparently increasing in recent years, have resulted in many existing banks withdrawing from the system and a large majority of organizing banks choosing nonmember status.

Keywords: Federal Reserve System - Membership;

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Working Paper

Publication Date: 1977

Number: 77-01