The Federal Reserve Bank of Kansas City Denver Branch is second largest of three branches of the Federal Reserve Bank of Kansas City. [1] The Denver branch opened January 14, 1918 on 17th Street before moving in 1968 to the 16th Street Mall. [1]
The following people are on the board of directors as of 2023 [update] : [2]
Name | Title | Term Expires |
---|---|---|
Rachel Gerlach | Chief Credit Officer Alpine Bank Glenwood Springs, Colorado | 2023 |
Nicole Glaros | Founder & Chief Executive Officer Phos Boulder, Colorado | 2024 |
Chris Wright | Chief Executive Officer Liberty Energy Denver, Colorado | 2024 |
John J. Coyne III | Chairman, Chief Executive Officer & President Big Horn Federal Savings Bank Greybull, Wyoming | 2025 |
Name | Title | Term Expires |
---|---|---|
Navin Dimond (Chair) | Founder & Chief Executive Officer Stonebridge Companies Denver, Colorado | 2023 |
Janice J. Lucero | President & Chief Executive Officer Motor Vehicle Division Express Albuquerque, New Mexico | 2024 |
Del Esparza | Chief Executive Officer Esparza Digital & Advertising Albuquerque, New Mexico | 2025 |
The Denver branch houses the 7,000-square-foot Money Museum. [3]
The Federal Reserve System 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 led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System.
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:
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 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.
The United States Federal Reserve System is the central banking system of the United States. It was created on December 23, 1913.
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 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 Minneapolis Helena Branch is the only branch of the Federal Reserve Bank of Minneapolis. The branch was opened on 1 Feb. 1921. At the time of opening, the city had a population of 12,377 making it the smallest city to have a Federal Reserve bank or branch.
The Federal Reserve Bank of Kansas Oklahoma City Branch is one of the 4 branches of the Federal Reserve Bank of Kansas City. The branch which is in Oklahoma City opened on August 2, 1920 at the Continental Building before moving in 1923 to a new building at the corner Harvey and Third streets.
The Federal Reserve Bank of Kansas City Omaha Branch is one of three branches of the Federal Reserve Bank of Kansas City. The branch, which is in Omaha, Nebraska, opened on September 4, 1917.
The Reserve Bank of Dallas Houston Branch is one of three branches of the Federal Reserve Bank of Dallas. The branch is located on Allen Parkway in the Fourth Ward of Houston, Texas. The 297,000-square-foot (27,600 m2) building, which includes the second largest currency vault in the country, was designed by architect Michael Graves.
The Federal Reserve Bank of San Francisco Los Angeles Branch is one of four branches of the Federal Reserve Bank of San Francisco. The branch is located in Los Angeles.
The Federal Reserve Bank of San Francisco Salt Lake City Branch is one of four branches of the Federal Reserve Bank of San Francisco. The branch is located at 120 South State Street in downtown Salt Lake City, Utah.
The Federal Reserve Bank of San Francisco Seattle Branch is one of four branches of the Federal Reserve Bank of San Francisco. The branch is located at 2700 Naches Ave SW in Renton, Washington, a suburb south of Seattle. Until 2008, the branch was headquartered at the Federal Reserve Bank Building in Downtown Seattle, which had been built in 1951 for the branch.
The following is a timeline of the history of the city of Denver, Colorado, United States from its founding in 1858 to the present.