\Reserve city\ (Banking)
In the national banking system of the United States, any of
certain cities in which the national banks are required (--U.
S. Rev. Stat. sec. 5191) to keep a larger reserve (25 per
cent) than the minimum (15 per cent) required of all other
banks. The banks in certain of the reserve cities
(specifically called {central reserve cities}) are required
to keep their reserve on hand in cash; banks in other reserve
cities may keep half of their reserve as deposits in these
banks (--U. S. Rev. Stat. sec. 5195).