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Federal Reserve Bank of Philadelphia Overview

State:Pennsylvania
Country:United States
Industry:Public Sector and Government
Description:
The United States Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible and more stable monetary and financial system. It is a federal system, composed of a central, governmental agency and 12 regional Federal Reserve Banks. These 12 banks and their branches carry out a variety of system functions, including operating a nationwide payments system; distributing the nation's currency and coin; supervising and regulating member banks and bank holding companies; and serving as... (More)










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