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16th January 2017, 04:06 PM
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Join Date: Aug 2012
Re: What Are The 12 Cities That Have A Federal Reserve Bank

The Federal Reserve Bank is having a big reason for to provide Federal Reserve Bank services to 12th cities. For the purpose of carrying out these day-to-day operations of the Federal Reserve System, the nation has been divided into twelve Federal Reserve Districts, with Banks in Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco.

Twenty-five Branches of these Banks serve particular areas within each District.

The banks are jointly responsible for implementing the monetary policy set forth by the Federal Open Market Committee, and are divided as follows:

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

Assets:

Federal Reserve Bank Total assets

New York City US$2.62T
San Francisco US$ 512B
Richmond US$ 289B
Atlanta US$ 244B
Chicago US$ 175B
Dallas US$ 154B
Cleveland US$ 133B
Philadelphia US$ 120B
Boston US$ 91B
Kansas City US$ 61B
St. Louis US$ 58B
Minneapolis US$ 32B
All banks US$4.49T


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