Capital - Capital Paid in (WCPIL)
2014-03-12: 28,038 Millions of Dollars
Weekly, As of Wednesday, Not Seasonally Adjusted, Updated: 2014-03-13 3:51 PM CDT
|Source:|| Board of Governors of the Federal Reserve System
|Release:||H.4.1 Factors Affecting Reserve Balances|
Banks that are members of the Federal Reserve System make payments for Federal Reserve Bank capital stock. Each member is required by law to become a shareholder and subscribe to shares of its district Reserve Bank in an amount equal to 6 percent of its own paid-in capital and surplus. Of this amount, half must be paid to the Federal Reserve and half remains subject to call by the Board of Governors. When a member's capital or surplus changes, its holdings of Reserve Bank stock must be adjusted accordingly.