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:

    San Francisco is where gay fantasies come true, and the problem the city presents is whether, after all, we wanted these particular dreams to be fulfilled—or would we have preferred others? Did we know what price these dreams would exact? Did we anticipate the ways in which, vivid and continuous, they would unsuit us for the business of daily life? Or should our notion of daily life itself be transformed?
    Edmund White (b. 1940)

    It is odd that the NCAA would place a school on probation for driving an athlete to class, or providing a loan, but would have no penalty for a school that violates Title IX, a federal law.
    Cardiss L. Collins (b. 1931)

    I do not know what right I have to so much happiness, but rather hold it in reserve till the time of my desert.
    Henry David Thoreau (1817–1862)

    I know a bank where the wild thyme blows,
    Where oxlips and the nodding violet grows,
    Quite overcanopied with luscious woodbine,
    With sweet musk-roses, and with eglantine:
    There sleeps Titania sometime of the night,
    Lulled in these flowers with dances and delight.
    William Shakespeare (1564–1616)

    It is an odd thing, but every one who disappears is said to be seen at San Francisco. It must be a delightful city, and possess all the attractions of the next world.
    Oscar Wilde (1854–1900)

    Today, San Francisco has experienced a double tragedy of incredible proportions. As acting mayor, I order an immediate state of mourning in our city. The city and county of San Francisco must and will pull itself together at this time. We will carry on as best as we possibly can.... I think we all have to share the same sense of shame and the same sense of outrage.
    Dianne Feinstein (b. 1933)