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:

    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)

    Prestige is the shadow of money and power. Where these are, there it is. Like the national market for soap or automobiles and the enlarged arena of federal power, the national cash-in area for prestige has grown, slowly being consolidated into a truly national system.
    C. Wright Mills (1916–1962)

    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)

    What’s breaking into a bank compared with founding a bank?
    Bertolt Brecht (1898–1956)

    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)