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What are the advantages of a client/server system?
State Banks
Financial institutions chartered by a state to provide banking services.
National Banks
Financial institutions that are chartered by the federal government and play a key role in the country’s financial system and economy.
Discount Rate
The interest rate charged to commercial banks and other financial institutions for the loans they take from the Federal Reserve Bank's lending facility.
Federal Reserve Banks
The 12 regional banks in the Federal Reserve System which serve as the central bank of the United States, responsible for implementing monetary policy, supervising and regulating financial institutions, and providing services to depository institutions, the U.S. government, and foreign official institutions.
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