Friday, August 12, 2016

Inside Federal Reserve Bank

Inside Federal Reserve Bank


A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by theFederal Reserve Act of 1913. The banks are jointly responsible for implementing the monetary policy set forth by the Federal Open Market Committee, and are divided as follows: Inside Federal Reserve Bank.


  • Federal Reserve Bank of Boston

  • Federal Reserve Bank of New York

  • Federal Reserve Bank of Philadelphia

  • Federal Reserve Bank of Cleveland

  • Federal Reserve Bank of Richmond

  • Federal Reserve Bank of Atlanta

  • Federal Reserve Bank of Chicago

  • Federal Reserve Bank of St. Louis

  • Federal Reserve Bank of Minneapolis

  • Federal Reserve Bank of Kansas City

  • Federal Reserve Bank of Dallas

  • Federal Reserve Bank of San Francisco



Some banks also possess branches, with the whole system being headquartered at the Eccles Building inWashington, D.C.