Federal Reserve Districts |
The Federal Reserve System consists of 12 Federal Reserve Banks - each responsible for a particular district.
Federal Reserve Bank of Boston">
1st District - Federal Reserve Bank of Boston
Federal Reserve Bank of New York">2nd District - Federal Reserve Bank of New York
The United States Federal Reserve Bank in New York City is only a few blocks from the World Trade Center. It has a gold vault 100 feet beneath the street. That depository is the largest in the world – even larger than the legendary Fort Knox gold reserves in the mid-1980s. The gold is owned by foreign nations, including Saudi Arabia and Kuwait. Its value is estimated at $25 billion. [1]Federal Reserve Bank of Philadelphia">