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, [1] and opened January 2, 1920. [2] [3]
The following people are on the board of directors as of December 2023: [4]
| Name | Title | Term Expires |
|---|---|---|
| Jack Sinclair (Chair) | Chief Executive Officer, Sprouts Farmers Market | 2024 |
| Rosemary Vassiliadis | Director of Aviation, Harry Reid International Airport | 2025 |
| Maritza Diaz | Chief Executive Officer, iTijuana | 2023 |
| Name | Title | Term Expires |
|---|---|---|
| Jimmy Ayala | Chief Operating Officer, Chelsea Investment Corporation | 2024 |
| Terry Benelli | Executive Director, Local Initiatives Support Corporation Phoenix | 2023 |
| Chang Liu | President and Chief Executive Officer, Cathay Bank and Cathay General Bancorp | 2025 |
| Zach Moon | General Manager, California Steel Industries | 2024 |
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 Minneapolis, located in Minneapolis, Minnesota, in the United States, covers the 9th District of the Federal Reserve, which is made up of Minnesota, Montana, North and South Dakota, northwestern Wisconsin, and the Upper Peninsula of Michigan. Although its geographical territory is the third largest of the 12 Federal Reserve banks, it serves the smallest population base of the system. It has one branch, which is in Helena, Montana.
The Federal Reserve Bank of Dallas covers the Eleventh Federal Reserve District of the United States, which includes Texas, northern Louisiana and southern New Mexico, a district sometimes referred to as the Oil Patch. The Federal Reserve Bank of Dallas is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the U.S. central bank. The Dallas Fed is the only one where all external branches reside in the same state . The Dallas Fed has branch offices in El Paso, Houston, and San Antonio. The Dallas bank is located at 2200 Pearl St. in the Uptown neighborhood of Oak Lawn, just north of downtown Dallas and the Dallas Arts District. Prior to 1992, the bank was located at 400 S. Akard Street, in the Government District in Downtown Dallas. The older Dallas Fed building, which opened in 1921, was built in the Beaux-arts style, with large limestone structure with massive carved eagles and additional significant detailing; it is a City of Dallas Designated Landmark structure. The current Dallas Fed building, opened in September 1992, was designed by three architectural firms: Kohn Pedersen Fox Associates, New York; Sikes Jennings Kelly & Brewer, Houston; and John S. Chase, FAIA, Dallas and Houston, Dallas-based Austin Commercial Inc. served as project manager and general contractor.
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.
Carl Chang is an American entrepreneur, real estate investor, business executive, and former tennis coach. He founded the pizza chain Pieology, and is active in real estate investment businesses. He is the older brother and former coach of tennis star Michael Chang.
The Coast Line is a railroad line between Burbank, California and the San Francisco Bay Area, roughly along the Pacific Coast. It is the shortest rail route between Los Angeles and the Bay Area. Though not as busy as the Surf Line, the continuation of the Coast Line southbound to San Diego, it still sees freight movements and lots of passenger trains. The Pacific Surfliner, which runs from the San Diego Santa Fe Depot to San Luis Obispo via Union Station in Los Angeles, is the third busiest Amtrak route, and the busiest outside of the Northeast Corridor between Washington D.C. and Boston.
Thomas Gary Rogers was an American entrepreneur and executive who acquired and built Dreyer's Grand Ice Cream into a major company. Rogers was formerly a director of Levi Strauss & Co. and he served as the first non-family Chairman of their board in 155 years.
The Federal Reserve Bank of San Francisco, Los Angeles Branch, is a historic building that once served as offices for the Los Angeles branch of the Federal Reserve Bank of San Francisco. The structure is located on West Olympic Boulevard and South Olive Street in southern Downtown Los Angeles.
The Federal Reserve Bank of St. Louis Little Rock Branch is a branch of the Federal Reserve Bank of St. Louis established in 1918. The Branch provided check processing operations until 2003, when these services were moved to the Memphis Branch. The branch is responsible for the western 2/3 of the state of Arkansas.
The Federal Reserve Bank of Kansas City Denver Branch is second largest of three branches of the Federal Reserve Bank of Kansas City. The Denver branch opened January 14, 1918 on 17th Street before moving in 1968 to the 16th Street Mall.
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 El Paso Branch is one of three branches of the Federal Reserve Bank of Dallas. The branch is located in downtown El Paso, Texas at 301 E. Main St.
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 Dallas San Antonio Branch is one of three branches of the Federal Reserve Bank of Dallas. The branch is located at 402 Dwyer, San Antonio, Texas.
The Federal Reserve Bank of San Francisco, Portland Branch, was a branch of the Federal Reserve Bank of San Francisco. The branch ceased cash operations in 2005, after they were absorbed by the Seattle Branch. The Portland location is now a depot site for the storage and transfer of cash. The branch was located in Portland, Oregon, at 907 SW Stark St.
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 opened in 1918 and is located in downtown Salt Lake City, Utah, United States. As of 2024, the branch provides outreach, cash operations, police services, supervision, and credit for financial institutions in Utah, southern Idaho, eastern Nevada, eastern Oregon, and western Wyoming.
The Federal Reserve Bank of San Francisco Seattle Branch is one of four branches of the Federal Reserve Bank of San Francisco. The branch opened opened September 19, 1917. In 1938, it absorbed the operations of the Spokane branch and in 2005 took over cash operations from the Portland branch.
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34°02′36″N118°15′35″W / 34.0433°N 118.2598°W
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