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Memorandum Prepared by Counsel at Request of President of American Bankers' Association, re Enabling Legislation Enacted by the Several States Since the Passage of Federal Reserve Act Authorizing Membership of State Banks and Trust Companies in Federal Reserve System; and State Legislation Suggested as Necessary to Bring About Coordination in Powers of Member Banks and Uniformity in Laws Regulating the Business of Such Banks, Number X-870, Volume 7, Page 438

Diversity is critical to the Federal Reserve, and we are firmly committed to fostering a diverse and inclusive culture throughout the Federal Reserve System. Collections within FRASER contain historical language, content, and descriptions that reflect the time period within which they were created and the views of their creators. Certain collections contain objectionable content—for example, discriminatory or biased language used to refer to racial, ethnic, and cultural groups. These viewpoints and attitudes are inconsistent with our values, but the original descriptions are retained to ensure that they are not erased from the historical record.
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Board of Governors of the Federal Reserve System (U.S.), 1935- and Federal Reserve Board, 1914-1935. Memorandum Prepared by Counsel at Request of President of American Bankers' Association, re Enabling Legislation Enacted by the Several States Since the Passage of Federal Reserve Act Authorizing Membership of State Banks and Trust Companies in Federal Reserve System; and State Legislation Suggested as Necessary to Bring About Coordination in Powers of Member Banks and Uniformity in Laws Regulating the Business of Such Banks, Number X-870, Volume 7, Page 438, . Board of Governors of the Federal Reserve System (U.S.), 1935-. https://fraser.stlouisfed.org/archival/4957/item/511988, accessed on April 25, 2024.

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