The Federal Reserve Bank of Atlanta Jacksonville Branch Office is one of the five Federal Reserve Bank of Atlanta branch offices. [1] The Jacksonville branch is part of the 6th District.
The Jacksonville Branch currently conducts tours by appointment. [1] [2] Admission is free. [3]
The following people are on the board of directors as of 2013: [4]
Name | Title | Term Expires |
---|---|---|
Michael J. Grebe | Chairman and Chief Executive Officer Interline Brands, Inc. Jacksonville, Florida | 2013 |
Hugh F. Dailey | President and Chief Executive Officer Community Bank & Trust of Florida Ocala, Florida | 2014 |
Oscar J. Horton | President Sun State International Trucks, LLC Tampa, Florida | 2015 |
D. Kevin Jones | President and Chief Executive Officer MidFlorida Credit Union Lakeland, Florida | 2015 |
Name | Title | Term Expires |
---|---|---|
Carolyn M. Fennell (Chair) | Director of Public Affairs Greater Orlando Aviation Authority, Orlando International Airport Orlando, Florida | 2013 |
Lynda L. Weatherman | President and Chief Executive Officer Economic Development Commission of Florida's Space Coast Rockledge, Florida | 2014 |
Leerie T. Jenkins, Jr. | Chairman Reynolds, Smith and Hills, Inc. Jacksonville, Florida | 2015 |
A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913. The banks are jointly responsible for implementing the monetary policy set forth by the Federal Open Market Committee, and are divided as follows:
SunTrust Banks, Inc. was an American bank holding company with SunTrust Bank as its largest subsidiary and assets of US$199 billion as of March 31, 2018. The bank's most direct corporate parent was established in 1891 in Atlanta, where it was headquartered.
The Federal Reserve Bank of San Francisco is the federal bank for the twelfth district in the United States. The twelfth district is made up of nine western states—Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington—plus the Northern Mariana Islands, American Samoa, and Guam. The San Francisco Fed has branch offices in Los Angeles, Portland, Salt Lake City, and Seattle. It also has a cash processing center in Phoenix.
The Federal Reserve Bank of Kansas City is located in Kansas City, Missouri and covers the 10th District of the Federal Reserve, which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, and portions of western Missouri and northern New Mexico. It is second only to the Federal Reserve Bank of San Francisco in size of geographic area served. Missouri is the only state with two main Federal Reserve Banks; the other is located in St. Louis.
The Federal Reserve Bank of St. Louis is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the United States' central bank. Missouri is the only state to have two main Federal Reserve Banks.
The Federal Reserve Bank of Cleveland is the Cleveland-based headquarters of the U.S. Federal Reserve System's Fourth District. The district is composed of Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. It has branch offices in Cincinnati and Pittsburgh. The check processing center in Columbus, Ohio, was closed in 2005. The chief executive officer and president is Loretta Mester.
The Federal Reserve Bank of Richmond is the headquarters of the Fifth District of the Federal Reserve located in Richmond, Virginia. It covers the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia excluding the Northern Panhandle. Branch offices are located in Baltimore, Maryland and Charlotte, North Carolina. Thomas I. Barkin became president of the Richmond Fed following the retirement of Jeffrey M. Lacker in April 2017. The previous president, J. Alfred Broaddus, retired in 2004.
The Federal Reserve Bank of Chicago is one of twelve Federal Reserve Banks that, along with the Federal Reserve Board of Governors, make up the Federal Reserve System, the United States' central bank. The Chicago Fed serves the Seventh District, which encompasses the northern portions of Illinois and Indiana, southern Wisconsin, the Lower Peninsula of Michigan, and the state of Iowa. In addition to participation in the formulation of monetary policy, each Reserve Bank supervises member banks and bank holding companies, provides financial services to depository institutions and the U.S. government, and monitors economic conditions in its District.
The Federal Reserve Bank of Atlanta,, is the sixth district of the 12 Federal Reserve Banks of the United States and is headquartered in midtown Atlanta, Georgia.
Claude J. Yates, was a Jacksonville business executive in the 1960s who is known as the Father of Jacksonville's consolidation.
The Federal Reserve Bank of Cleveland Cincinnati Branch Office is one of two Federal Reserve Bank of Cleveland branch offices. The Cincinnati Office of the Federal Reserve Bank of Cleveland provides currency distribution services for financial institutions in multiple Reserve Districts.James M. Anderson is the current chairman.
The Federal Reserve Bank of Cleveland Pittsburgh Branch Office is one of two Federal Reserve Bank of Cleveland branch offices. The Pittsburgh Office of the Federal Reserve Bank of Cleveland hosts one of two savings bonds processing sites in the nation. The Pittsburgh branch presides over Jefferson, Monroe and Belmont counties in Ohio, Wetzel, Tyler, Pleasants, Marshall, Ohio, Brooke and Hancock counties in West Virginia, and all of Western Pennsylvania. In 1915 it was revealed that the Pittsburgh branch location was to be the new home of a relocated Cleveland Fed District with a majority vote secured on the board of governors, but the U.S. Attorney General at the time nixed moving the Cleveland, Kansas City, Minneapolis, Boston and Atlanta Federal Reserve Districts, stating that it would instead take an act of Congress to move those district headquarters. Pittsburgh remained a branch location only.
The Federal Reserve Bank of Richmond Baltimore Branch Office is one of the two Federal Reserve Bank of Richmond branch offices. The Federal Reserve Bank of Richmond's Baltimore Branch is an operational and regional center for Maryland, the metropolitan Washington D.C. area, Northern Virginia, and northeastern West Virginia. The Baltimore branch is part of the Fifth District and has the code E5. It supports Check 21 operations, supplies coin and currency to financial institutions and works to maintain stability in the financial sector throughout the Fifth District and also works with local elected officials and non-profit organizations to support fair housing initiatives throughout the Fifth District. The Baltimore branch was founded in March 1918 and is currently headed by William R. Roberts.
The Federal Reserve Bank of Richmond Charlotte Branch Office is one of the two Federal Reserve Bank of Richmond branch offices. Established in 1927, The Federal Reserve Bank of Richmond's Charlotte Branch is an operational and regional center for the Carolinas, including the nation's second largest financial center in Charlotte, North Carolina. They promote the safety and soundness of large bank holding companies headquartered in Charlotte. They distribute currency and coin to financial institutions in our region and provide check adjustment services for the Federal Reserve System. Their public programs include forums and conferences, economic education outreach, tours and a speakers’ bureau.
The Federal Reserve Bank of Atlanta Birmingham Branch Office is one of the five Federal Reserve Bank of Atlanta branch offices. The Birmingham branch is part of the 6th District.
The Federal Reserve Bank of Atlanta Miami Branch Office is one of the five Federal Reserve Bank of Atlanta branch offices. The Miami branch is part of the 6th District.
The Federal Reserve Bank of Atlanta Nashville Branch Office is one of the five Federal Reserve Bank of Atlanta branch offices. The Nashville branch is part of the 6th District.
The Federal Reserve Bank of Atlanta New Orleans Branch Office is one of the five Federal Reserve Bank of Atlanta branch offices. The New Orleans branch is part of the 6th District. This branch also has a dedicated hurricane Katrina staff.
The Federal Reserve Bank of Chicago Detroit Branch Office is the only branch office of the Federal Reserve Bank of Chicago. It is part of the 7th district and its code is 7-G. It is currently located at 1600 East Warren Avenue, near I-75 in Detroit's Eastern Market Historic District. The office occupies 17 acres (6.9 ha) and cost $80 million to build. The Detroit branch was founded in 1927 and is currently headed by Robert Wiley. Each branch of the Federal Reserve Banks has a board of either seven or five directors, a majority of whom are appointed by the parent Federal Reserve Bank; the others are appointed by the Board of Governors. Branch directors serve staggered three-year terms. One of the members appointed by the Federal Reserve Board is designated annually as chairman of the board of that Branch in a manner prescribed by the parent Federal Reserve Bank.