Federal Reserve Bank Of San Francisco
The Federal Reserve Bank of San Francisco is the federal bank for the twelfth district in the United States. The twelfth district is made up of nine western states-—Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington--plus the Northern Mariana Islands, American Samoa, and Guam. The Federal Reserve Bank of San Francisco has branch offices in Los Angeles, Portland, Salt Lake City, and Seattle. It also has a cash processing center in Phoenix.
The twelfth district is the nation's largest by area and population, covering 1.3 million square miles (36% of the nation's area) and 60 million people. The Federal Reserve Bank of San Francisco is the third-largest by assets held, after New York and Richmond. In 2004 the San Francisco Fed processed 20.8 billion currency notes and 1.5 billion commercial checks. The current president, appointed in 2004, is John C. Williams. The Federal Reserve Bank in San Francisco has one of the largest collections of US paper money in the United States, which is displayed in the American Currency Exhibit.
Read more about Federal Reserve Bank Of San Francisco: History, Buildings, Current Board of Directors, Branches
Famous quotes containing the words san francisco, federal, reserve, bank, san and/or francisco:
“There they are at last, Miss Rutledge. The will-o-the-wisps with plagues of fortune. San Francisco, the latest newborn of a great republic.”
—Ben Hecht (1893–1964)
“There are always those who are willing to surrender local self-government and turn over their affairs to some national authority in exchange for a payment of money out of the Federal Treasury. Whenever they find some abuse needs correction in their neighborhood, instead of applying the remedy themselves they seek to have a tribunal sent on from Washington to discharge their duties for them, regardless of the fact that in accepting such supervision they are bartering away their freedom.”
—Calvin Coolidge (1872–1933)
“Her face had the seamed reserve of the old in this country [Japan]. It was a neighborhood poignantly rich in old ladies.”
—Angela Carter (1940–1992)
“What’s breaking into a bank compared with founding a bank?”
—Bertolt Brecht (1898–1956)
“We had won. Pimps got out of their polished cars and walked the streets of San Francisco only a little uneasy at the unusual exercise. Gamblers, ignoring their sensitive fingers, shook hands with shoeshine boys.... Beauticians spoke to the shipyard workers, who in turn spoke to the easy ladies.... I thought if war did not include killing, I’d like to see one every year. Something like a festival.”
—Maya Angelou (b. 1928)
“Swan/Mary Rutledge: Oh no, no. I’m not running away. I came here to get something, and I’m going to get it.
Col. Cobb: Yes, but San Francisco is no place for a woman.
Swan: Why not? I’m not afraid. I like the fog. I like this new world. I like the noise of something happening.... I’m tired of dreaming, Colonel Cobb. I’m staying. I’m staying and holding out my hands for gold—bright, yellow gold.”
—Ben Hecht (1893–1964)