Federal Banking

From Wikipedia, the free encyclopedia

Federal Banking is the term for the way the Federal Reserve distributes its money. The Reserve (often called the "Fed") operates twelve banking districts around the country which oversee money distribution within their respective districts.^[1] The twelve cities which are home to the Reserve Banks are Boston, New York, Philadelphia, Richmond, Atlanta, Dallas, Saint Louis, Cleveland, Chicago, Minneapolis, Kansas City, and San Francisco.^[2]

[edit] See Also

• The Federal Reserve article

[edit] External Links

Federal Reserve Website

[edit] References

1. ^ The Structure of the Federal Reserve System
2. ^ Federal Reserve Banks