Federal Banking

Federal Banking

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. [ [http://www.federalreserve.gov/pubs/frseries/frseri3.htm The Structure of the Federal Reserve System ] ] 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. [ [http://beginnersinvest.about.com/od/federalbanks/Federal_Reserve_Banks.htm Federal Reserve Banks ] ]

See also

* The Federal Reserve article

External links

* [http://www.federalreserve.gov/|Official Federal Reserve Website]

References


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