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29th April 2016, 10:16 AM
Super Moderator
 
Join Date: May 2012
Re: The Federal Reserve Bank Was Established In

Hello, here I am providing you the details of the establishment of the Federal Reserve Bank as under:

About the 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 the Federal Reserve Act of 1913.

Founded:
December 23, 1913

Federal Open Market Committee
Federal Reserve Bank of Atlanta
Federal Reserve Bank of Boston
Federal Reserve Bank of Chicago
Federal Reserve Bank of Cleveland
Federal Reserve Bank of Dallas
Federal Reserve Bank of Kansas City
Federal Reserve Bank of Minneapolis
Federal Reserve Bank of New York
Federal Reserve Bank of Philadelphia
Federal Reserve Bank of Richmond
Federal Reserve Bank of San Francisco
Federal Reserve Bank of St. Louis

Facilities:
Research
Banking
Education
Community Development
Cash

Founder:
United States Congress


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