Profiles of Existing Government Corporations - US Government ...

GOVEWKENT UJAW LINIT: Non.
GO- BORROWING: None
REPAYKENT TOGOVEMKENT: None
TOTAL EQtJITY: $4,094,174,000
GO- EQUITY: None
APPROPRIATIONS To EQUITY: None
OTHER EQUITY: $4,094,174,000
112
CORWRATION PROFILE
f=E!s
Co- EQUITY LINIT: Unspecified in enabling laqislation.
ToTALINTKREs T EXPENSE: None
INTERJMTPNDGO-: Nono
INTEREST PAID-: Not dMxrminabl8
IRTERESTRECEIVZD: $16,371,400,000
NOTES :
a.The Chairman of the board of directors is selected by thm
Federal Reserve Board from among the three directors it appoints,
and all Fader&l Reserve Board members arm presidential
appointees.
b.The banks are not statutorily required to have advisory boards,
however, they do have informal advisory boards for agricultural,
small bu81ne88, and @m&11 bank matter8. While the Banks do not
have advisory boards: thm Board of Governor8 of the Federal
Remerv~ System has three Advisory Boards. The Federal Advisory
Council is composed of twelve members, one from each Federal
R@s@rv@ District, who are selected annually by the Board of
Director8 of the District Reserve Bank. The Consumer Advisory
Council is composed of thirty members who repre@ent consumer and
creditor intsrssts. The Thrift In8titution8 Advisory Council is
composed of rmprmsentatives from nonbank depository thrift
in8titution8.
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