The Federal Reserve Banks are owned not by the government but by the banks in the region where they operate; they're called member banks.

联邦储备银行并不是,被政府所有的,而是被它们运行所在的区域内的银行所有；,它们被称为联邦储备银行的会员银行。

耶鲁公开课 - 金融市场课程节选