reserve bank master account and services
Defined in 1 place of the United States Code.
The term "reserve bank master account and services" means an account in which a Federal reserve bank—
(A) receives deposits for an entity other than an official accountholder; or
(B) provides any service under section 248a(b) of this title to an entity other than an official accountholder.
Source
- 2022–present12 U.S.C. § 248cBanks and Banking · Master account and services database · in this section