What is the Federal Bank Reserve

Hello sir would you please tell me what is the Federal Reserve Bank? And also tell me when it was founded?

[Shaleen]

A Federal Reserve Bank was started a movement in 1780, it is a regional bank of the Federal Reserve System

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 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

Assets
Federal Reserve Bank Total assets (9/17/2015)
All banks $4.49T
New York City $2.62T
San Francisco $512B
Richmond $289B
Atlanta $244B
Chicago $175B
Dallas $154B
Cleveland $133B
Philadelphia $120B
Boston $91B
Kansas City $61B
St. Louis $58B
Minneapolis $32B

Board Member Assignments - Board Committees
Committee on Board Affairs
Governor Powell, Chairman
Vice Chairman Fischer

Committee on Consumer and Community Affairs
Governor Brainard, Chair
Governor Tarullo

Committee on Economic and Financial Monitoring and Research
Vice Chairman Fischer, Chairman
Governor Brainard

Committee on Financial Stability
Vice Chairman Fischer, Chairman
Governor Tarullo
Governor Brainard

Committee on Federal Reserve Bank Affairs
Governor Powell, Chairman
Governor Brainard

Committee on Bank Supervision
Governor Tarullo, Chairman
Governor Powell
Governor Brainard

Subcommittee on Smaller Regional and Community Banking
Governor Powell, Chairman
Governor Brainard

Committee on Payments, Clearing, and Settlement
Governor Powell, Chairman
Governor Tarullo