---
kind: "unit"
title: "12"
title_heading: "Banks and Banking"
key: "ch3/schVIII"
level: "subchapter"
label: "Subchapter VIII"
heading: "State Banks as Members of System"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/ch3-schVIII"
sections_count: 22
---

# Subchapter VIII — State Banks as Members of System

Title 12 — Banks and Banking › Chapter 3 — Federal Reserve System

## Sections

- [§321. Application for membership](/usc/12/321.md)
- [§322. Determination on application](/usc/12/322.md)
- [§323. Stock in Federal reserve banks; method of payment](/usc/12/323.md)
- [§324. Laws applicable on becoming members](/usc/12/324.md)
- [§325. Examinations](/usc/12/325.md)
- [§326. Acceptance of examinations and reports by State authorities; special examinations](/usc/12/326.md)
- [§327. Surrender of stock and cancellation of memberships](/usc/12/327.md)
- [§328. Withdrawals from membership](/usc/12/328.md)
- [§329. Capital stock required as condition precedent to membership](/usc/12/329.md)
- [§329a. Omitted](/usc/12/329a.md)
- [§330. Laws applicable on becoming members; discounts for State banks](/usc/12/330.md)
- [§331. Certifying checks on State banks admitted as members](/usc/12/331.md)
- [§332. Depositaries of public money; financial agents; security required](/usc/12/332.md)
- [§333. Mutual savings banks; application and admission to membership in Federal Reserve System](/usc/12/333.md)
- [§334. Reports from affiliates; penalty for failure to furnish](/usc/12/334.md)
- [§335. Dealing in investment securities; limitations and conditions](/usc/12/335.md)
- [§336. Certificates of stock; representation of stock of other corporations](/usc/12/336.md)
- [§337. Repealed.](/usc/12/337.md)
- [§338. Examination of affiliates; forfeiture of membership on refusal of affiliate to give information or pay expense](/usc/12/338.md)
- [§338a. Investments to promote public welfare and community development; limitation on investments](/usc/12/338a.md)
- [§339. Participation by State member banks in lotteries and related activities](/usc/12/339.md)
- [§339a. Resolution of clearing banks](/usc/12/339a.md)