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Federal Reserve Bank Of San Francisco Portland Branch
The Federal Reserve Bank of San Francisco, Portland Branch, was a branch of the Federal Reserve Bank of San Francisco. The branch closed in 2005 and its operations were absorbed by the Seattle Branch. The Portland location is now a depot site for the storage and transfer of cash. The branch was located in Portland, Oregon, at 907 SW Stark St. The depot is located at 1500 SW First Avenue. See also * Federal Reserve Act * Federal Reserve System * Federal Reserve Bank * Federal Reserve Districts * Federal Reserve Branches * Federal Reserve Bank of San Francisco * Federal Reserve Bank of San Francisco Los Angeles Branch * Federal Reserve Bank of San Francisco Salt Lake City Branch * Federal Reserve Bank of San Francisco Seattle Branch The Federal Reserve Bank of San Francisco Seattle Branch is one of four branches of the Federal Reserve Bank of San Francisco. The branch is located at 2700 Naches Ave SW in Renton, Washington, a suburb south of Seattle. Until 2008, the branch wa ... ...
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Federal Reserve Bank Of San Francisco
The Federal Reserve Bank of San Francisco (informally referred to as the San Francisco Fed) 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 San Francisco Fed 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 , or 36% of the nation's area, and 60 million people. The Federal Reserve Bank of San Francisco is the second-largest by assets held, after New York. In 2004 the San Francisco Fed processed 20.8 billion currency notes and 1.5 billion commercial checks. 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 Curr ...
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Portland, Oregon
Portland (, ) is a port city in the Pacific Northwest and the largest city in the U.S. state of Oregon. Situated at the confluence of the Willamette and Columbia rivers, Portland is the county seat of Multnomah County, the most populous county in Oregon. Portland had a population of 652,503, making it the 26th-most populated city in the United States, the sixth-most populous on the West Coast, and the second-most populous in the Pacific Northwest, after Seattle. Approximately 2.5 million people live in the Portland metropolitan statistical area (MSA), making it the 25th most populous in the United States. About half of Oregon's population resides within the Portland metropolitan area. Named after Portland, Maine, the Oregon settlement began to be populated in the 1840s, near the end of the Oregon Trail. Its water access provided convenient transportation of goods, and the timber industry was a major force in the city's early economy. At the turn of the 20th century, the ...
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Federal Reserve Act
The Federal Reserve Act was passed by the 63rd United States Congress and signed into law by President Woodrow Wilson on December 23, 1913. The law created the Federal Reserve System, the central banking system of the United States. The Panic of 1907 convinced many Americans of the need to establish a central banking system, which the country had lacked since the Bank War of the 1830s. After Democrats won unified control of Congress and the presidency in the 1912 elections, President Wilson, Congressman Carter Glass, and Senator Robert Latham Owen crafted a central banking bill that occupied a middle ground between the Aldrich Plan, which called for private control of the central banking system, and progressives like William Jennings Bryan, who favored government control over the central banking system. Wilson made the bill a top priority of his New Freedom domestic agenda, and he helped ensure that it passed both houses of Congress without major amendments. Later, President ...
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Federal Reserve System
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System. U.S. Congress, Congress established three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates. The first two objectives are sometimes referred to as the Federal Reserve's dual mandate. Its duties have expanded over the years, and currently also include supervising and bank regulation, regulating ...
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Federal Reserve Bank
A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913. The banks are jointly responsible for implementing the monetary policy set forth by the Federal Open Market Committee, and are divided as follows: Some banks also possess branches, with the whole system being headquartered at the Eccles Building in Washington, D.C. History The Federal Reserve Banks are the most recent institutions that the United States government has created to provide functions of a central bank. Prior institutions have included the First (1791–1811) and Second (1818–1824) Banks of the United States, the Independent Treasury (1846–1920) and the National Banking System (1863–1935). Several policy questions have arisen with these institutions, including the degree of influence by private interes ...
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Federal Reserve Districts
A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913. The banks are jointly responsible for implementing the monetary policy set forth by the Federal Open Market Committee, and are divided as follows: Some banks also possess branches, with the whole system being headquartered at the Eccles Building in Washington, D.C. History The Federal Reserve Banks are the most recent institutions that the United States government has created to provide functions of a central bank. Prior institutions have included the First (1791–1811) and Second (1818–1824) Banks of the United States, the Independent Treasury (1846–1920) and the National Banking System (1863–1935). Several policy questions have arisen with these institutions, including the degree of influence by private interes ...
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Federal Reserve Branches
There are 24 Federal Reserve branches. There were 25 branches but in October 2008 the Federal Reserve Bank of New York Buffalo Branch was closed. List of Federal Reserve branches * Boston * New York ** ''Federal Reserve Bank of New York Buffalo Branch (closed)'' * Philadelphia * Cleveland **Federal Reserve Bank of Cleveland Cincinnati Branch **Federal Reserve Bank of Cleveland Pittsburgh Branch * Richmond ** Federal Reserve Bank of Richmond Baltimore Branch ** Federal Reserve Bank of Richmond Charlotte Branch * Atlanta ** Federal Reserve Bank of Atlanta Birmingham Branch ** Federal Reserve Bank of Atlanta Jacksonville Branch ** Federal Reserve Bank of Atlanta Miami Branch ** Federal Reserve Bank of Atlanta Nashville Branch ** Federal Reserve Bank of Atlanta New Orleans Branch * Chicago ** Federal Reserve Bank of Chicago Detroit Branch * St. Louis ** Federal Reserve Bank of St. Louis Little Rock Branch ** Federal Reserve Bank of St. Louis Louisville Branch ** Federal Reserve Ban ...
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Federal Reserve Bank Of San Francisco Los Angeles Branch
The Federal Reserve Bank of San Francisco Los Angeles Branch is one of four branches of the Federal Reserve Bank of San Francisco. The branch is located in Los Angeles. Current Board of Directors The following people are on the board of directors as of 2013: Appointed by the Federal Reserve Bank Appointed by the Board of Governors See also * Federal Reserve Act * Federal Reserve System * Federal Reserve Bank * Federal Reserve Districts * Federal Reserve Branches * Federal Reserve Bank of San Francisco * Federal Reserve Bank of San Francisco Portland Branch * Federal Reserve Bank of San Francisco Salt Lake City Branch * Federal Reserve Bank of San Francisco Seattle Branch The Federal Reserve Bank of San Francisco Seattle Branch is one of four branches of the Federal Reserve Bank of San Francisco. The branch is located at 2700 Naches Ave SW in Renton, Washington, a suburb south of Seattle. Until 2008, the branch wa ... * Federal Reserve Bank of San Francisco Building (San F ...
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Federal Reserve Bank Of San Francisco Salt Lake City Branch
The Federal Reserve Bank of San Francisco Salt Lake City Branch is one of four branches of the Federal Reserve Bank of San Francisco. The branch is located at 120 South State Street in downtown Salt Lake City, Utah. The branch currently occupies a six-story building (three stories above and three stories below ground) that was constructed in the late 1950s. When the bank moved into this building in 1959, it was the fourth home to the Salt Lake Branch since its establishment in 1918. Current Board of Directors The following people are on the board of directors as of 2013: Appointed by the Federal Reserve Bank Appointed by the Board of Governors See also * Federal Reserve Act * Federal Reserve System * Federal Reserve Bank * Federal Reserve Districts * Federal Reserve Branches * Federal Reserve Bank of San Francisco * Federal Reserve Bank of San Francisco Los Angeles Branch * Federal Reserve Bank of San Francisco Portland Branch * Federal Reserve Bank of San Francisco Seattle ...
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Federal Reserve Bank Of San Francisco Seattle Branch
The Federal Reserve Bank of San Francisco Seattle Branch is one of four branches of the Federal Reserve Bank of San Francisco. The branch is located at 2700 Naches Ave SW in Renton, Washington, a suburb south of Seattle. Until 2008, the branch was headquartered at the Federal Reserve Bank Building in Downtown Seattle, which had been built in 1951 for the branch. Current board of directors The following people are on the board of directors as of 2021: Appointed by the Federal Reserve Bank Appointed by the board of governors See also * Federal Reserve Act * Federal Reserve System * Federal Reserve Bank * Federal Reserve Districts * Federal Reserve Branches There are 24 Federal Reserve branches. There were 25 branches but in October 2008 the Federal Reserve Bank of New York Buffalo Branch was closed. List of Federal Reserve branches * Boston * New York ** '' Federal Reserve Bank of New York Buffal ... * Federal Reserve Bank of San Francisco Los Angeles Branch * Federa ...
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Federal Reserve Bank Of San Francisco Building (San Francisco, California)
The Old Federal Reserve Bank of San Francisco Building, now known as the Bently Reserve, was the main headquarters building of the Federal Reserve Bank of San Francisco for nearly sixty years. The building is located at 400 Sansome Street, in the Financial District of San Francisco. Designed by George W. Kelham, the building has an Ionic colonnade that is pure Beaux-Arts, while the upper building is in the new Moderne fashion of 1924. The banking lobby at the Sansome Street entrance contains a mural by Jules Guerin, the artist who created the palette for the 1915 Panama–Pacific International Exposition. The Old Federal Reserve was added to the National Register of Historic Places in 1984.NPS.gov
The National Register of Historic Places
In 1983, the Federal Reserve Bank of San Francisco relocated to larger fa ...
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Structure Of The Federal Reserve System
The Structure of the Federal Reserve System is unique among all the assets within central banks, with private aspects. It is described as " independent within the government" rather than " independent of government". The Federal Reserve does not require public funding, instead it remits its profits to no one. It derives its authority and purpose from the Federal Reserve Act, which was passed by Congress in 1913 and is subject to Congressional modification or repeal."Is The Fed Public Or Private?"
. Retrieved June 29, 2012.


Composition

The F ...
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