All ____ are required to be members of the Federal Reserve System.
A) state banks
B) national banks
C) savings and loan associations
D) finance companies
E) A and B

Name: All ____ are required to be members of the Federal Reserve System. A) state banks B) national banks C) savings and loan associations D) finance companies E) A and B
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National banks are required by law to be members of the Federal Reserve System. State banks have the option to join but are not required.

All ____ Are Required to Be Members of the Federal