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Metropolitan Statistical Area

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Metropolitan Statistical Area
A federally designated geographically unit consisting of an urbanized area a central city of least 50,000 residents and a regional population of 100,000.
    
Federal banking regulations permit financial institutions doing business within an MSA to use a single master account in dealing with the Federal Reserve for computing reserve requirements, processing checks, and sending electronic fund transfers.
Posted by  Privatebanking.com
 
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