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depository financial institution vs member bank

member bank vs depository financial institution

depository financial institution and member bank both are nouns.

Word NounAdjectiveVerbAdverb
depository financial institution Yes No No No
member bank Yes No No No
As nouns, member bank is a hyponym of depository financial institution; that is, member bank is a word with a more specific, narrower meaning than depository financial institution:
  • depository financial institution: a financial institution that accepts deposits and channels the money into lending activities
  • member bank: a bank that is a member of the Federal Reserve System
depository financial institution (noun) member bank (noun)
a financial institution that accepts deposits and channels the money into lending activities a bank that is a member of the Federal Reserve System
Difference between depository financial institution and member bank

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