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Thursday, 19 February 2015

Member banks are also subscribed for an additional 3% of their net capital.

http://en.wikipedia.org/wiki/Federal_Reserve_System#cite_note-91

Member banks are also subscribed for an additional 3% of their net capital, which can be called at the Federal Reserve's discretion. All nationally chartered banks must be members of a Federal Reserve Bank, and state-chartered banks have the choice to become members or not.

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