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Federal Reserve Bank of San Francisco
USINFO | 2013-11-13 13:04
Federal reserve districts, of which the 12th is largest and most populous
Map of the Twelfth District
The twelfth district is the nation's largest by area and population, covering 1.3 million square miles (36% of the nation's area) and 60 million people. The Federal Reserve Bank of San Francisco is the third-largest by assets held, after New York and Richmond. In 2004 the San Francisco Fed processed 20.8 billion currency notes and 1.5 billion commercial checks. The current president, appointed in 2011, is John C. Williams. The Federal Reserve Bank in San Francisco has one of the largest collections of US paper money in the United States, which is displayed in the American Currency Exhibit.
The San Francisco Federal Reserve Bank opened for business in rented quarters at the rear of the Merchants National Bank on November 16, 1914, in order to make the reserve provisions of the Federal Reserve Act. In 1924, the San Francisco staff moved out of temporary locations and into the Bank's newly built headquarters at 400 Sansome Street, a location that it would occupy for the next 60 years. In 1983, the bank relocated to 101 Market St.
The façade of the old Federal Reserve Bank of San Francisco at 400 Sansome Street
| Federal Reserve Bank of San Francisco | |
| U.S. National Register of Historic Places | |
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| exterior of the Los Angeles branch | |
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| Location: | 409 W. Olympic Blvd., Los Angeles, California |
| Coordinates: | 34°2′34″N 118°15′31″W / 34.04278°N 118.25861°W / 34.04278; -118.25861 |
| Area: | 0.6 acres (0.24 ha) |
| Built: | 1930 |
| Architectural style: | Moderne, Other, Classical Moderne |
| Governing body: | Private |
| NRHP Reference#: | 84000843 |
| Added to NRHP: | September 20, 1984 |
