<p>US reserve requirements were abolished in 2020 (see <a href="https://www.federalreserve.gov/monetarypolicy/reservereq.htm" rel="nofollow noreferrer">Fed</a>) so there aren’t any anymore.</p>
<p>In the past they were applied on a institution level. So they would apply to branch separately only if the branch is created as a separate legal entity (depository institution) but not otherwise (eg sometimes bank owns subsidiary bank as a branch), again see <a href="https://www.federalreserve.gov/monetarypolicy/reservereq.htm" rel="nofollow noreferrer">Fed</a>.</p>

CC BY-SA 4.0
2022-08-16T09:18:50.217Z
2022-08-16T09:18:50.217Z
1muflon1
<p>Does the reserve requirements for US depository instiutions require a multi branch institution as a whole be compliant, or each individual branch of that institution be compliant? For example imagine Bank Of America only had two branches and one was below the reserve requirement whereas the other was above, but averaged together they are above the reserve requirement. In this scenario is BoA compliant or does the first branch need to borrow currency from another bank?</p>

CC BY-SA 4.0
2022-08-16T08:49:20.637Z
There are no reserve requirements in the US since [march 2020](https://www.federalreserve.gov/monetarypolicy/reservereq.htm#:~:text=As%20announced%20on%20March%2015,requirements%20for%20all%20depository%20institutions.) Prior to that, it was for the entire bank as a whole.
Alex
<macroeconomics><federal-reserve><reserve-requirement-ratio>
Reserve Requirements for Banks
Rakin Munim
# Reserve Requirements for Banks

(Asked by: username_0 on 2022-08-16)

Does the reserve requirements for US depository instiutions require a multi branch institution as a whole be compliant, or each individual branch of that institution be compliant? For example imagine Bank Of America only had two branches and one was below the reserve requirement whereas the other was above, but averaged together they are above the reserve requirement. In this scenario is BoA compliant or does the first branch need to borrow currency from another bank?

**Tags:** macroeconomics, federal-reserve, reserve-requirement-ratio

> **Comments:**
> **username_1**: There are no reserve requirements in the US since [march 2020](https://www.federalreserve.gov/monetarypolicy/reservereq.htm#:~:text=As%20announced%20on%20March%2015,requirements%20for%20all%20depository%20institutions.) Prior to that, it was for the entire bank as a whole.  

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## 1 answers

### Answer by username_2 on 2022-08-16. Score: 4 | Accepted answer

US reserve requirements were abolished in 2020 (see [Fed](https://www.federalreserve.gov/monetarypolicy/reservereq.htm)) so there aren’t any anymore.

In the past they were applied on a institution level. So they would apply to branch separately only if the branch is created as a separate legal entity (depository institution) but not otherwise (eg sometimes bank owns subsidiary bank as a branch), again see [Fed](https://www.federalreserve.gov/monetarypolicy/reservereq.htm).


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