A Brief History of the Federal Reserve Bank

The Regional Reserve Banks

The Federal Reserve System takes in 12 regional reserve banks, each of which handles the needs of its respective region.
Bettmann / Corbis

The Regional Reserve Banks
The Federal Reserve System takes in 12 regional reserve banks, each of which handles the needs of its respective region. Often called "Banker's Banks," they supervise the commercial banks in their areas, and store U.S. currency and coin, among other responsibilities. In this photo, two tellers at the Philadelphia Reserve Bank ready cash for the 1956 holiday shopping season.

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