# 12 U.S.C. § 222: Federal reserve districts; membership of national banks

> Federal · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/usc_t12_s222

## Section

- **Citation:** 12 U.S.C. § 222
- **Heading:** Federal reserve districts; membership of national banks
- **Jurisdiction:** Federal
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** July 23, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—BANKS AND BANKING > CHAPTER 3—FEDERAL RESERVE SYSTEM > SUBCHAPTER I—DEFINITIONS, ORGANIZATION, AND GENERAL PROVISIONS AFFECTING SYSTEM

## Text

The continental United States, excluding Alaska, shall be divided into not less than eight nor more than twelve districts. Such districts may be readjusted and new districts may from time to time be created by the Board of Governors of the Federal Reserve System, not to exceed twelve in all: Provided , That the districts shall be apportioned with due regard to the convenience and customary course of business and shall not necessarily be coterminous with any State or States. Such districts shall be known as Federal reserve districts and may be designated by number. When the State of Alaska or Hawaii is hereafter admitted to the Union the Federal Reserve  1 1
Capitalized as in original. districts shall be readjusted by the Board of Governors of the Federal Reserve System in such manner as to include such State. Every national bank in any State shall, upon commencing business or within ninety days after admission into the Union of the State in which it is located, become a member bank of the Federal Reserve System by subscribing and paying for stock in the Federal Reserve bank of its district in accordance with the provisions of this chapter and shall thereupon be an insured bank under the Federal Deposit Insurance Act [ 12 U.S.C. 1811 et seq.], and failure to do so shall subject such bank to the penalty provided by section 501a of this title .

( Dec. 23, 1913, ch. 6, § 2 (part), 38 Stat. 251 ; Aug. 23, 1935, ch. 614 , title II, § 203(a), 49 Stat. 704 ; Pub. L. 85–508, § 19 , July 7, 1958 , 72 Stat. 350 ; Pub. L. 86–3, § 17 , Mar. 18, 1959 , 73 Stat. 12 .)

## Nearby sections

- [12 U.S.C. § 221 Definitions](https://www.frixlaw.com/law-library/statutes/usc_t12_s221.md)
- [12 U.S.C. § 221a Additional definitions](https://www.frixlaw.com/law-library/statutes/usc_t12_s221a.md)
- [12 U.S.C. § 222 Federal reserve districts; membership of national banks](https://www.frixlaw.com/law-library/statutes/usc_t12_s222.md)
- [12 U.S.C. § 223 Number of Federal reserve cities in district](https://www.frixlaw.com/law-library/statutes/usc_t12_s223.md)
- [12 U.S.C. § 224 Status of reserve cities under former statutes](https://www.frixlaw.com/law-library/statutes/usc_t12_s224.md)
- [12 U.S.C. § 225 Federal reserve banks; title](https://www.frixlaw.com/law-library/statutes/usc_t12_s225.md)
- [12 U.S.C. § 225a Maintenance of long run growth of monetary and credit aggregates](https://www.frixlaw.com/law-library/statutes/usc_t12_s225a.md)
- [12 U.S.C. § 225b Appearances before and reports to the Congress](https://www.frixlaw.com/law-library/statutes/usc_t12_s225b.md)
- [12 U.S.C. § 226 “Federal Reserve Act”](https://www.frixlaw.com/law-library/statutes/usc_t12_s226.md)
- [12 U.S.C. § 227 “Banking Act of 1933”](https://www.frixlaw.com/law-library/statutes/usc_t12_s227.md)
- [12 U.S.C. § 228 “Banking Act of 1935”](https://www.frixlaw.com/law-library/statutes/usc_t12_s228.md)
- [12 U.S.C. § 241 Creation; membership; compensation and expenses](https://www.frixlaw.com/law-library/statutes/usc_t12_s241.md)
- [12 U.S.C. § 242 Ineligibility to hold office in member banks; qualifications and terms of office of members; chairman and vice chairman; oath of office](https://www.frixlaw.com/law-library/statutes/usc_t12_s242.md)
- [12 U.S.C. § 243 Assessments upon Federal reserve banks to pay expenses](https://www.frixlaw.com/law-library/statutes/usc_t12_s243.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/usc_t12_s222. Check the current official text before relying on it. Not legal advice.