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jan 7, 1913 - Member Bank

Description:

They're not a member of the federal bank reserve system. They have to follow the requirements of the reserve and they have to put a percentage of their deposits in the federal reserve banks.

Added to timeline:

Nicolette, Albert, Ryan

ByNICOLETTE SKOUFIS
29 Nov 2017
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Date:

jan 7, 1913
Now
~ 112 years ago

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