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The Federal Reserve Bank of Cleveland Cincinnati Branch Office is one of two Federal Reserve Bank of Cleveland branch offices (the other is in Pittsburgh). The Cincinnati Office of the Federal Reserve Bank of Cleveland provides currency distribution services for financial institutions in multiple Reserve Districts. [1]
Learn about the history, functions, and facilities of the Cleveland-based regional bank of the Federal Reserve System. The bank has a museum, a large vault, and a board of directors composed of bankers and public representatives.
Federal Reserve Bank of Cleveland Pittsburgh Branch, built from 1930 to 1931, located at 717 Grant Street in Downtown Pittsburgh and home to the bank until October, 2012. In October 2012 the Reserve branch office relocated to One Oxford Centre, Suite 3000 301 Grant Street Pittsburgh, PA 15219 Phone: 412.261.7800 [4]
There are 24 Federal Reserve branches in the United States, each serving a different region or district. The web page provides a map, a table and links to the contact details of each branch.
A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve Federal Reserve Banks, each with a specific function and legal status, and they are jointly responsible for implementing the monetary policy set by the Federal Open Market Committee.
This page was last edited on 22 September 2019, at 01:42 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike License 4.0; additional terms may apply.
The Federal Reserve System (or Fed) is the central banking system of the United States, created in 1913 to prevent financial crises and stabilize the economy. It has various functions, such as setting monetary policy, supervising banks, and providing financial services.
Loretta J. Mester is the president and CEO of the Federal Reserve Bank of Cleveland since 2014. She is an economist, professor, and author who has worked at the Federal Reserve Bank of Philadelphia and taught at Wharton and New York University.