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

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    “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)

    “I am willing to pledge myself that if the time should ever come that the voluntary agencies of the country together with the local and state governments are unable to find resources with which to prevent hunger and suffering ... I will ask the aid of every resource of the Federal Government.... I have the faith in the American people that such a day will not come.”
    —Herbert Hoover (1874–1964)

    “In a democracy—even if it is a so-called democracy like our white-élitist one—the greatest veneration one can show the rule of law is to keep a watch on it, and to reserve the right to judge unjust laws and the subversion of the function of the law by the power of the state. That vigilance is the most important proof of respect for the law.”
    —Nadine Gordimer (b. 1923)

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    ‘Tis not so sweet now as it was before.”
    —William Shakespeare (1564–1616)

    “the San Marco Library,
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    Delight in Art whose end is peace,
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    —William Butler Yeats (1865–1939)

    “Mr. Wiggam, I want you to change the policy of The Clarion. I want you to write a story I should have written myself long ago. I want you to tell the people of San Francisco that no city can exist without law and order. Write a story about that flag, write about what verifies and brings a promise of life, liberty, and the pursuit of happiness. There are some people in this town who don’t seem to know that. Let The Clarion tell them.”
    —Ben Hecht (1893–1964)