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Federal Reserve Banks Federal Reserve History
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Federal Reserve Board - Federal Reserve Banks
WebThe Federal Reserve Bank of Atlanta, with five, has the largest number of branches. Two Districts, Boston and Philadelphia, have no branches. 4. 1913 estimates are based on … WebJan 27, 2024 · Pursuant to the Federal Reserve Act, each of the 12 Reserve Banks is subject to the supervision of a nine-member board of directors. Structure and Composition Reserve Bank Boards The Federal Reserve Act provides that Reserve Bank directors are divided into three classes—Class C, Class B, and Class A—of three directors each. WebThe Federal Reserve System is composed of five parts: [4] [5] The presidentially appointed Board of Governors (or Federal Reserve Board), an independent federal government agency located in Washington, D.C. The Federal Open Market Committee (FOMC), composed of the seven members of the Federal Reserve Board and five of the twelve Federal Reserve ... the proway