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In addition to the main building, the Federal Reserve Bank of New York occupies a neighboring structure immediately to the north at 33 Maiden Lane, [12] [13] also known as 2 Federal Plaza. [14] The New York Fed had acquired the site, at Maiden Lane and Nassau Street, in the 1960s, with plans to build an annex designed by Kevin Roche John ...
The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States.It is responsible for the Second District of the Federal Reserve System, which encompasses the State of New York, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands.
There were 25 branches but in October 2008 the Federal Reserve Bank of New York Buffalo Branch was closed. List of Federal Reserve branches [ 1 ] [ 2 ] Map of the twelve Federal Reserve Districts, with the twelve Federal Reserve Banks marked as black squares, and all Branches within each district (24 total) marked as red circles.
The Federal Reserve Banks use these certificates as a small fraction of the collateral for Federal Reserve Notes. [ 54 ] In addition to the gold, the depository currently holds ten 1933 Double Eagle gold coins, a 1974-D aluminum cent , and twelve gold (22-karat) Sacagawea dollar coins that flew on the Space Shuttle .
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States.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.
The Financial District of Lower Manhattan, also known as FiDi, [4] is a neighborhood located on the southern tip of Manhattan in New York City.It is bounded by the West Side Highway on the west, Chambers Street and City Hall Park on the north, Brooklyn Bridge on the northeast, the East River to the southeast, and South Ferry and the Battery on the south.
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