Of course they do. Any stock holding member bank derives a percentage seignorage, it's one of the primary ways they make money. What could endlessly be debated is how much they benefit from seigniorage. Here is an old but good article on the subject.
On a side note have you ever wondered how a non profit organization ends up with more than 2 trillion dollars in assets?
Of course they do. Any stock holding member bank derives a percentage seignorage, it's one of the primary ways they make money.
That's silly. My local member bank neither mints nor prints money.
That's a bad link.
On a side note have you ever wondered how a non profit organization ends up with more than 2 trillion dollars in assets?
In this case, not at all.
The assets don't come from the profits.