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The united states treasury prints and mints money, not the FRB. Regardless it's silly to think that a bank like citibank or chase manhatten that own more than 5% of multiple Federal Reserve banks are not getting a cut of the seigniorage.

You claimed they did it (Profits coming through the privileged money creation process mainly occurs at the member bank level of operation), not the FRB, and it was the majority of their earnings. Total bank dividends last year were $1.6 billion. A tiny fraction of bank earnings. And a far cry from "Educated estimates put this between $100-200 billion per year".

And banks would get that even if the Fed never put a new FRB into circulation ever again.

They don't have to actually have to manufacture the money if they are getting a better deal on the money than everyone else.

Really? What deal are they getting?

You claimed they did it (Profits coming through the privileged money creation process mainly occurs at the member bank level of operation), not the FRB, and it was the majority of their earnings.

The money creation process and the Printing and Minting of money are very different things. Actual cash money represents only a fraction of the Treasury. Again this isn't a conspiracy just the way the FRB says that it works. Total bank dividends last year were $1.6 billion. A tiny fraction of bank earnings. And a far cry from "Educated estimates put this between $100-200 billion per year"

Dividends from stock the FRB are not what I was referring too when talking about the privileged money creation process. And banks would get that even if the Fed never put a new FRB into circulation ever again.
Sure they would get dividends on the stock they had purchased as that is part of the deal when purchasing stock...I'm not sure what your point is here.

Really? What deal are they getting?

That is a really good question. If that were known people wouldn't have to make estimates.