Federal Reserve Bank of San Francisco

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)

    If the federal government had been around when the Creator was putting His hand to this state, Indiana wouldn’t be here. It’d still be waiting for an environmental impact statement.
    Ronald Reagan (b. 1911)

    Mutual repect implies discretion and reserve even in love itself; it means preserving as much liberty as possible to those whose life we share. We must distrust our instinct of intervention, for the desire to make one’s own will prevail is often disguised under the mask of solicitude.
    Henri-Frédéric Amiel (1821–1881)

    O Gold! I still prefer thee unto paper,
    Which makes bank credit like a bark of vapour.
    George Gordon Noel Byron (1788–1824)

    The gold-digger in the ravines of the mountains is as much a gambler as his fellow in the saloons of San Francisco. What difference does it make whether you shake dirt or shake dice? If you win, society is the loser.
    Henry David Thoreau (1817–1862)

    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)