Monday, March 11, 2024

List of 12 Federal Reserve Bank in USA

Federal Reserve Bank in USA 

 List of the 12 Federal Reserve Banks along with some brief information about each one and their branches:

Federal Reserve Bank of Boston

Established: 1914

State: Massachusetts

Information: The Federal Reserve Bank of Boston serves the First Federal Reserve District, which includes Maine, Massachusetts, New Hampshire, Rhode Island, Vermont, and parts of Connecticut.

Federal Reserve Bank of New York

Established: 1914

State: New York

Information: The Federal Reserve Bank of New York is considered the most important among the twelve regional banks due to its pivotal role in monetary policy and financial markets.

Federal Reserve Bank of Philadelphia

Established: 1914

State: Pennsylvania

Information: The Federal Reserve Bank of Philadelphia serves the Third District, which covers eastern Pennsylvania, southern New Jersey, and Delaware.

Federal Reserve Bank of Cleveland

Established: 1914

State: Ohio

Information: The Federal Reserve Bank of Cleveland serves the Fourth District, which includes Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia.

Federal Reserve Bank of Richmond

Established: 1914

State: Virginia

Information: The Federal Reserve Bank of Richmond serves the Fifth District, which encompasses Maryland, Virginia, North Carolina, South Carolina, and parts of West Virginia.

Federal Reserve Bank of Atlanta

Established: 1914

State: Georgia

Information: The Federal Reserve Bank of Atlanta serves the Sixth District, which includes Alabama, Florida, and parts of Georgia, Mississippi, and Louisiana.

Federal Reserve Bank of Chicago

Established: 1914

State: Illinois

Information: The Federal Reserve Bank of Chicago serves the Seventh District, which encompasses Iowa, most of Illinois, Indiana, Michigan, and Wisconsin.

Federal Reserve Bank of St. Louis

Established: 1914

State: Missouri

Information: The Federal Reserve Bank of St. Louis serves the Eighth District, which includes Arkansas, eastern Missouri, southern Illinois, southern Indiana, western Kentucky, western Tennessee, and northern Mississippi.

Federal Reserve Bank of Minneapolis

Established: 1914

State: Minnesota

Information: The Federal Reserve Bank of Minneapolis serves the Ninth District, which covers Montana, North Dakota, South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan.

Federal Reserve Bank of Kansas City

Established: 1914

State: Missouri

Information: The Federal Reserve Bank of Kansas City serves the Tenth District, which encompasses western Missouri, Nebraska, Kansas, Oklahoma, Wyoming, Colorado, northern New Mexico, and parts of western Missouri and northern Texas.

Federal Reserve Bank of Dallas

Established: 1914

State: Texas

Information: The Federal Reserve Bank of Dallas serves the Eleventh District, which includes Texas, northern Louisiana, and southern New Mexico.

Federal Reserve Bank of San Francisco

Established: 1914

State: California

Information: The Federal Reserve Bank of San Francisco serves the Twelfth District, which covers nine western states including Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington.

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