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Changes of legal deposit reserve in the United States in recent ten years
Changes in the deposit reserve policy of the US Federal Reserve System

In the United States, before 1935, member banks of the Federal Reserve system should take 3% of time deposits and 7%~ 13% of demand deposits, which are 7%, 10% and 13% respectively according to the size of the city where the bank is located. At the Federal Reserve Bank. It also stipulates that only deposits deposited in the Federal Reserve Bank can be regarded as statutory deposit reserve; The statutory reserve ratio is a mandatory requirement, and the Federal Reserve Bank cannot change it at will. 1935 after the amendment of the banking law, it is stipulated that the Federal Reserve Bank has the right to change the reserve ratio of member banks within a certain limit.

The current deposit reserve ratio is as follows: deposit balance reserve ratio: commercial banks, long-term credit banks and foreign exchange banks with deposit balances exceeding 3 trillion yen, time deposits and transferable deposits with deposit balances exceeding 1 trillion yen but less than 3 trillion yen, and deposit balances below 1.625% and 0.625%. The balance of deposits in mutual banks and credit vaults exceeds 1 trillion yen, and the balance of deposits exceeds 1 60 billion yen but is less than1trillion yen. Both time deposits and transferable deposits are 0. 125%. All other deposits are 0.25%. The fixed deposits and transferable deposits of the central treasury of agriculture and forestry are 0. 1.25%, and other deposits are 0.25%.