Federal Reserve Bank
The Federal Reserve Bank of San Francisco, Los Angeles Branch, is the Southern California branch of the Federal Reserve Bank of San Francisco , located on West Olympic Boulevard and South Olive Street in southern Downtown Los Angeles . It is within the Twelfth Federal Reserve District. [2]
The original 1929 building was designed by John and Donald Parkinson in a Classical Moderne style with elements of zigzag moderne . It was listed on the National Register of Historic Places in 1984.
The adjacent 304,000 square feet (28,200 m2) new branch structure [3] with architectural design by Dan Dworsky , interiors by Gensler , construction by Swinerton & Walberg, and project Management by JLH Consulting, was completed in 1987 and dedicated in 1988. The project cost was approximately $50 million. It now houses all operations of the Los Angeles Branch. The original building has since been converted to residential lofts.
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Building Information
Status: Completed (Pre-99)
Gross Sq Ft: 497,727
Number of Stories: 5
Date Opened: 1986
LEED Certification: Not Certified
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Use: Federal Bank
Federal Reserve Bank
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950 S Grand Ave
Los Angeles, CA 90015
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A money tour?? I am so there. Nothing makes me happier than money. Actually thats not true, music makes me super happy too but I digress. The tour itself is actually really amazing and one of the best I've been on. Security is super tight and our phones were immediately taken away. I completely understand though so I was not tripping at all. As you grazed the tour they show you all the currency that has ever been printed. My favorites or rather the highlights for me: the $10,000 bill and the 1 dollar bill with Martha Washington printed on it (say what!!). There were also some super old coins too but I was more fascinated with the bills. Its actually one of the more educational tours I've been on. Located in downtown LA, the place is simple marvelous. I recommend the tour to anyone that has a fascination with money and some sort of historic interest. I won't say too much, you just have to enjoy the tour for yourself. PS the tour last about over an hour long which isn't too bad at all. If anything, it flew by too quickly.
Shredded money from the reserve bank
The only way to access this facility is pre-arranged with a group of 15-30 people, and we went with Day Tripper from San Diego for their solo annual trip . The building is non-descript with the only exterior marking, a logo on the entry door. There is also a rug (see photo) inside the locked, secure entry. Security is very tight and phones, purses, etc are "stored" for us from arrival to departure and we pass thru a metal detector. Hands must be visible at all times. It'is an amazing story to hear the sheer volume of cash being processed, verified and stored on pallets. Yep, stack after stack; millions of $$ in all denominations are handled by workers during their daily routine. Interesting fact: they are processing record amounts of cash now, and that was surprising with the growth of online transfers and debit & credit cards. We also saw the history of all bills & coins, how counterfeiting changed with the advent color printers and many more details. We departed with a small bag of "shredded" money and an informative 90 min. tour.
This is my second Federal Reserve Bank that I've visited. Money has always fascinated me (duh, I wonder why?) and I can never get enough of it. As a child I collected pennies, nickels, quarters, halves and whole dollars. Remember those little blue books that you could fill with your collected coins. You could always see what year was missing and be on the outlook as you came across your parents pocket change. Well, not much has changed (pun intended) except I rarely look through the few coins that fill my pockets each day. Credit cards are used so often nowadays that I rarely deal with the cash anymore. Besides, by charging everything, you can see where your money really goes, like coffee and bubble gum ... eww, not together! Wow, did I ever go off on a tangent this time! Okay, what's cool to see is how real money is dealt with by our country. I love to see money coming in from our banks, counted, sorted, disposed of, re-wrapped, and stored. I guess it's always been a fantasy of mine to have thousands (okay millions since i'm dreaming anyway) of hundred dollar bills between my two palms. But as I watch the workers, I realize it's nothing more than a job and the millions of pieces of paper that they touch each day is no different than any other widget or gizmo that many of us encounter in our jobs. The staff (guards) here are very cautious of anyone entering the building. Besides, you have to have an appointment I believe or be part of a planned group walk through to go on their tour. It only takes 60-90 minutes and the staff that walk you around are plenty knowledgeable about the workings here at the FRB. Note: This is NOT a mint, so they are not producing bills or coins here. You'll only find that in Philadelphia or Denver which I plan on touring some day. Anyway, it's one of the FREE things left in this world that is actually interesting and fun to learn about. I'd recommend visiting some day with family or friends when you are near downtown. It's not something most people even think about, so hopefully I've peaked your interest enough! Cha-ching!
Wow! Tight ass security here! This is a really nice building - not too many people get to peep inside. There is a pretty cool museum in the lobby if you like $$$$ it will be entertaining. they have discountinued $10,000 bills. YUP!
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Federal Reserve Bank of San Francisco
The Federal Reserve Bank of San Francisco, Los Angeles Branch, is a historic and important building in southern Downtown LA. It operates around the clock, serving financial institutions in southern California, Arizona, and southern Nevada. Its unique architectural style reflects to its role in implementing monetary policy and promoting economic growth in the West.
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West Office
Central bank in focus, federal reserve bank of los angeles, learn how monetary policy affects us all..
- Project Category: business, center
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- Client: Federal Reserve Bank of Los Angeles
- project_title: Central Bank in Focus
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- short_description: Learn how monetary policy affects us all.
- message: Learn how monetary policy affects us all.
Interest rates at their most interesting! Active graphics and compelling interactive exhibits invite visitors to discover the importance and function of the Federal Reserve. Exhibits make concepts such as monetary policy, financial services, and banking regulation and supervision understandable and relevant to visitors’ own lives. The new lobby’s educational exhibits include a theater experience that zooms to different locations—around the country and around the clock—to reveal the Fed at work.
West Office staff are highly creative and willing thought catalysts for us.
Robin Rockwood, District Director, Public Information, Federal Reserve Bank of L.A.
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Members-Only Federal Reserve Bank Tour: October 2023
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Learn more about tours, museums and learning program opportunities at Federal Reserve Banks.
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I Saw Money, Lots and Lots of Money – Touring the Federal Reserve
Have you ever heard of Meetup ? Essentially, it’s a website where you can join various groups of like minded people in your area. Say you like hiking. You can go to the website, join a hiking group, and meetup to hike various trails in your area. Well, I like museums so a few years ago I joined a local group for museum enthusiasts. I would look at the various excursions and think they sounded fun but could never get myself to actually go. I was not a very good member. So, one day I said “no more! I will join an excursion! I will, as they say, meet up!” And dear readers, I stayed true to that resolution. For soon came an excursion I could not decline, a tour of the Federal Reserve .
Now, don’t be disappointed. I know it sounds like a let down. A government building, snooze. But, when I heard about the tour, I had no idea there was a federal reserve bank in Los Angeles. I especially didn’t know they give tours. And I’m a total sucker when it comes to learning how things work. I love factory tours. Seriously go on one sometime, they’re fun. Plus there’s samples!
Anyway, I signed up for the tour . Now, the tour is only available to large groups, you can’t sign up as an individual (hence, the meetup group). The Fed is also very strict with security. The tour could be cancelled at any time. When we showed up we had to go through a security check just like at the airport. They then took our phones, purses, cameras, etc. and locked them up. We also had a police escort the entire time.
We were shown the area where the money is first received from the banks. Holy Moly! There were large bins full of stacks and stacks of cash. Ones, Tens, Twenty’s, Hundreds…When we counted, each bin held millions of dollars. There were also several coin bags. Guess what? Money does come in a large canvas sack. Just like in those old time movies (minus the large dollar sign on the side).
After that we were shown the vault. It was a huge room with hundreds of the large bins we saw earlier. Yowza! I saw with my own eyes billions of dollars in cash. The smell alone was insane. You know how money smells? Times it by billions and the odor is overwhelming.
Then we were shown where they count the money. They count it entirely by hand. Just kidding. Essentially it’s a large machine that the employee feeds money into. The machine will count the money and remove any old, (potentially) counterfeit, and incorrect bills. The old money is then pulled from circulation and shredded. Guess how much money is shredded every day (in LA alone). $11 Million Dollars. Crazy, huh?
The last part of the tour was a small, interactive exhibit about money and the federal reserve. We were able to see some rare Civil War currency as well as crazy high bills (like the $1000 bill).
Now I just need to get some glue.
And be sure to grab a copy of this up to date comic when you go.
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Arts & Culture / Featured / Local News / Politics & City Life / Real Estate & Neighborhoods
Reserve Lofts at the Federal Reserve Bank Building Reception and Tour
The Localista July 20, 2014
We recently had the pleasure of attending an event held in the lobby Federal Reserve Bank Building AKA Reserve Lofts. Built in 1929, the Federal Reserve Bank Building was one of the first examples of the Classical Moderne style in downtown Los Angeles.
The seven-story, double-basement combination bank-and-office structure is built on a 1,600-ton steel framework. Finished in brick and granite, it is beautifully detailed with geographic patterning, ornate bronze grillwork, carved 3-D animal heads on the front and sides of the building and an outstanding bas-relief sculpture above the main entrance by notable California artist Edgar Walter. The building was added to the National Register of Historic Places in 1984.
The bank vaults are really impressive–three foot thick hardened steel doors! These will make amazing “speak-easy” style clubs if the owners decide to lease the space out.
- The bas-relief sculpture above the main entrance was created by the noted California artist Edgar Walter.
- Converted into residential condominium units in 2005.
- Consists of the original 1930 structure and a similar 2-bay expansion completed in 1953.
- This operated as the Federal Reserve Bank of San Francisco Los Angeles Branch from its completion through 1987.
Admittedly the lobby area is a little spares but the architectural details more than make up for it. Worth checking this place out. For more info visit their web site at http://www.ReserveLofts.com
[themify_box style=”gray rect rounded” ]
Phone number (213) 489-4111 Business website http://www.ReserveLofts.com
[themify_map address=”409 W Olympic Blvd Los Angeles, CA 90015″ width=”100%” height=”300px” zoom=”18″ type=”hybrid” ]
[/themify_box]
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The Unbelievable Reason Den Of Thieves Was Able To Get Access To The Federal Reserve Bank
While we've already told you about how Den Of Thieves has been inspired by some of the greatest crime films ever set in Los Angeles, and how it will be different, there's another pretty big reason why the Gerard Butler-led heist thriller is unique. It revolves around a group of bank robbers trying to complete a seemingly impossible heist on the Federal Reserve Bank in downtown Los Angeles.
Gaining access to the actual Federal Reserve Bank in downtown Los Angeles was always going to be difficult, what with the fact that it is the home to billions upon billions of dollars. Luckily, and, quite frankly, unbelievably, though, one of the film's producers Tucker Tooley had some inside access to the building. That's because his dad actually helped to develop and design the building. Tooley recalled,
It's so funny, though. This is a little tidbit. My dad ironically happens to be the developer that developed the downtown Federal Reserve Bank in Los Angeles. So I am working on the movie and I call him and I say, 'Can we get a tour of the Fed?' And he's like, 'Sure. Of course. No problem.' We did the tour and it is unbelievable. I said to the woman, 'How much money is in there?' And she said, 'I'm not allowed to tell you.' I was like, 'Is it $100 million? A billion? $10 billion?' She was like, 'Somewhere between $20 billion and a $1 trillion. But I can't tell you how much.' It is insane. Even then we were like, 'There's no way to rob this.' And that's what this movie is about.
Co-writer and director Christian Gadegast also opened up about this experience inside the Federal Reserve Bank, admitting that simply seeing that amount of money was "pretty trippy." Gudegast recalled,
I have to tell you it is pretty surreal when you go through the actual vault. You are sitting there, and it is this football field long, 60 feet wide, two stories high, stacked full of money tubs, every single one of them packed with $30 million in cash. It's pretty trippy. Suddenly when you are in there it is like paper. It is very visually jaw dropping.
Just in case you're still in the dark about why robbing the Federal Reserve Bank is so audacious, and is so inherently cinematic, Tooley explained,
It's the bank for banks. It's the biggest holder of currency on the planet. The Los Angeles Fed and the Atlanta Fed are the two biggest bank operations, they're the most secure buildings, second to The White House, guarded by the Secret Service, totally impenetrable. In this movie we are going to show you how to rob them.
You can get a quick glimpse at how Pablo Schreiber, O'Shea Jackson, and Curtis Jackson's robbers will try to do just that, and how Gerard Butler's corrupt cop will try to stop them, by watching the trailer for Den Of Thieves below.
Den Of Thieves will be released on January 19 .
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How to Tour the Federal Reserve in NYC
This post explains how to take a free tour of the Federal Reserve Building in NYC.
We include tips on hours, how to get here, as well as other tips to help you plan your visit.
**Note that public tours are suspended indefinitely. Check back with us, or the Federal Reserve
**School Groups are running and can be scheduled here . **
Guided tours of the Federal Reserve are offered every weekday (excluding bank holidays).
Currently, this is the only way to get into the Federal Reserve and see the Vault and other exhibits.
Although they have provided a self-guided option in the past, this is no longer an option as of August 2018.
That said, you should definitely check and see if this is still the case because there’s always a chance that they will bring self-guided tours back.
The best part about the guided tour is that it is entirely free.
All you have to do is sign up ahead of time in order to make sure you get a spot.
Each tour is limited to a max of 25 guests, so it will be important to make reservations as soon as possible.
Spots for these tours fill up so quickly that you will need to be ready when they are made available, which is 30 days in advance.
So, if 30 days from today is any day from Monday-Friday, tickets will go live today.
Your best bet is to have the reservation calendar open before tickets go live at 9 am EST and be prepared to fill out the forms as quickly as possible.
With an average of 50 openings available per day, it won’t take more than 15 minutes for them to be taken.
As you can see in the image above, taken at the end of August, there is almost no availability for September.
Printed tickets are required for entry and visitors over the age of 16 will need an ID such as a driver's license or passport.
The name on the ID must match the name printed on the ticket.
Although most spots for this tour will fill up weeks in advance, there’s always a chance that you’ll be able to sign up on short notice.
TIP: Cancellations are quickly processed, so you might be able to take those spots when they show up.
If you’re trying to get tickets on short notice, make sure to keep your eyes peeled on their reservation calendar .
Plan Your Visit
This section will provide all the details you need in order to ensure that you don’t miss anything.
We include information such as tour hours, when to arrive, how long the tour will take, and how to get here.
This tour is offered twice a day during weekdays unless otherwise stated on their reservation calendar.
Every now and then, they will offer up to 4 tours per day, but these are the typical tour hours you can expect.
Monday - Friday
- 1 PM and 2 PM
Each tour lasts for approximately 1 hour. Federal Reserve tours are limited to 25 people per group.
Due to limited availability, it will be important to sign up as far ahead of time as possible.
If you manage to get a ticket for this tour, try to arrive at least 30 minutes ahead of time to ensure that you can get through security before your tour begins.
This tour starts promptly at the hour and they will not wait for you if you are late.
As a matter of fact, you may want to consider arriving early, because visitors will typically be given the opportunity to walk around the museum before the tour.
TIP: On Mondays and Fridays, our pay-what-you-wish Lower Manhattan tour actually ends near the Federal Reserve at approximately 12 pm.
If you manage to get tickets for a 1 pm tour on either of these days, this would put you in the right place at the right time to arrive a little early and get a good look around the museum beforehand.
Security Details
As we mentioned in the reservations section, anyone over the age of 16 will need to provide a valid government-issued ID w/ photo to get in.
This can be a state ID, driver’s license, or passport.
Visitors who are under the age of 16 will need to be accompanied by an adult with a valid ID.
Although you are not forbidden from bringing small bags and belongings with you, it is recommended to limit the number of items you bring to the Federal Reserve.
This recommendation ensures that everyone can get through security quickly and efficiently.
It is important to note that there is no storage available for this tour.
If you bring something that is either not allowed or too big, it cannot be held for you and you may be kept from entering the Federal Reserve.
Visitors who are looking for somewhere to store their belongings should check our post about where to find storage lockers in NYC .
In addition to these details, you should keep the following factors in mind before heading to the Federal Reserve:
- Strollers are not allowed.
- Photography is not allowed.
- The building is wheelchair accessible.
- Wheelchairs are not provided.
For more information, check out the NY Fed's FAQ page .
Where is the New York Federal Reserve?
All visitors must enter the Federal Reserve at 44 Maiden Lane. You can reach this location in a number of different ways.
It's best to use this Google map for directions to the Federal Reserve Building .
Car: The Liberty Plaza parking garage is right across the street from the Federal Reserve. If you want to drive, this will be one of the closest places to park.
Subway: The Fulton Street subway station is one block North of Maiden Lane, where you will find the Federal Reserve. You can reach this station riding the 2, 3, 4, 5, A, C, J, Z trains.
Bus: The closest bus stops are roughly one block West on Broadway.
What Will You See?
During the Museum & Gold Vault tour led by the Federal Reserve, you will see and learn about a lot of interesting subjects.
Here are a few of the things you will experience while taking the tour.
One of the most popular highlights of this tour is the Vault, where all the gold bars are kept.
During your tour, you’ll see where all of this gold is kept and learn about the protective items worn while handling it.
Shredded Money
The Federal Reserve plays a big part in the circulation of legal tender around the United States, and part of that process is actually destroying old, defaced, and/or devalued money.
Not only will you have the opportunity to see some of this process for yourself, but they will also let you take some shredded money home with you!
In addition to the Vault, there is also a museum at the Federal Reserve which provides a lot of historical information about the location.
Not only will the tour guide walk you through this museum, but if you arrive early, you can take a good look at it for yourself beforehand.
While on the tour, you’ll have the opportunity to see and learn about rare coins from throughout the history of the United States and other parts of the world.
This exhibit includes coins from China, Greece, Rome, and other notable locations.
While some visitors indicate that they appreciated the opportunity to walk around the museum on their own, many guests note that the tour guide will take you around to see the same exhibits during the tour.
If you want to get as much out of your visit as possible, feel free to arrive early and enjoy the museum beforehand.
Just keep in mind that you’ll see it all again on the actual tour.
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Safe and Sound. When customers walk into their bank, they need to know that their money is safe. Exhibits in this area focus on the supervision and regulation duties of the Federal Reserve, helping visitors understand the market forces that regulate banks and how the Fed examines capital, asset quality, management, earnings, liquidity, and sensitivity (C.A.M.E.L.S.) to ensure that banks manage ...
As the second-largest cash office in the Federal Reserve System by volume of orders, deposits, and currency processed on the bill processing systems, the Los Angeles office operates 24 hours a day. The Los Angeles office also serves the Las Vegas market, which has special cash needs. Los Angeles Cash employees are very engaged in community ...
Learn more about visiting a Federal Reserve Bank for a tour or program. Skip to main content. Resources by Audience; K-4; 5-8; 9-12; College; Adult; About the Fed; History; Structure and Functions; Tours and Programs; Events; Federal Reserve Districts; Centennial; Menu Resources by Audience. K-4; 5-8; 9-12; College; Adult; ... THIS SITE IS A ...
Federal Reserve Bank. The Federal Reserve Bank of San Francisco, Los Angeles Branch, is the Southern California branch of the Federal Reserve Bank of San Francisco, located on West Olympic Boulevard and South Olive Street in southern Downtown Los Angeles.It is within the Twelfth Federal Reserve District. The original 1929 building was designed by John and Donald Parkinson in a Classical ...
Tours may be rescheduled due to unforeseen circumstances. Please call Visitor Services, at (202) 452-3324, for further information. For all other Board inquiries, please use the Contact Us form or call one of the frequently requested telephone numbers. The visitors' entrance to the Eccles Building is on 20th Street NW, between C Street and ...
FEDERAL RESERVE BANK, 950 S Grand Ave, Los Angeles, CA 90015, 14 Photos, Mon - 8:00 am - 5:00 pm, Tue - 8:00 am - 5:00 pm, Wed - 8:00 am - 5:00 pm, Thu - 8:00 am - 5:00 pm, Fri - 8:00 am - 5:00 pm, Sat - Closed, Sun - Closed ... The tour itself is actually really amazing and one of the best I've been on. Security is super tight and our phones ...
Federal Reserve Bank of San Francisco (Los Angeles)
ghli. hts of Los Angeles (LA) TourFed Gallery: Your Central Bank in Focus lobby exhibit: is multi-media exhibit introduces the functions of the Federal Reser. e with a hands-on and interactive approach. Come identify counterfeit notes, assess the safety and soundness of financial i.
Federal Reserve Bank of Los Angeles. Learn how monetary policy affects us all. Interest rates at their most interesting! Active graphics and compelling interactive exhibits invite visitors to discover the importance and function of the Federal Reserve. ... Robin Rockwood, District Director, Public Information, Federal Reserve Bank of L.A. 5474 ...
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.
Members-Only Federal Reserve Bank Tour: October 2023. Donate; Become A Member; Contact Us; about us. What We Do; Our Staff; Our Board; Our History; programs. Upcoming Events; Event Archive; High School Program; Travel Program; Los Angeles World Affairs Council and Town Hall (424) 258-6160. 445 S. Figueroa St., Ste. 2250 Los Angeles, CA 90071.
Learn more about tours, museums and learning program opportunities at Federal Reserve Banks. Skip to main content. Resources by Audience; K-4; 5-8; 9-12; College; Adult; About the Fed; ... Federal Reserve Bank of Cleveland - Cincinnati Branch. Federal Reserve Bank of Dallas. Federal Reserve Bank of Kansas City.
But, when I heard about the tour, I had no idea there was a federal reserve bank in Los Angeles. I especially didn't know they give tours. And I'm a total sucker when it comes to learning how things work. I love factory tours. Seriously go on one sometime, they're fun. Plus there's samples! Anyway, I signed up for the tour. Now, the ...
Join the Economics Association on a tour of the Federal Reserve Bank in Downtown Los Angeles to learn more about our nation's central bank., powered by Localist Event Calendar Software ... Share Tour: Federal Reserve Bank of San Francisco on Facebook; Share Tour: Federal Reserve Bank of San Francisco on Twitter;
The ornate structure served Los Angeles until 1987 at which time, bank operations relocated next door. In 2005 the former Federal Reserve Bank Building converted to a residential luxury loft community. The transformation preserved the beauty and details of the historic exterior and restored many of the original interior architectural elements.
Tours of the Federal Reserve Board's buildings in Washington, D.C., are currently not available. Information about tours and museums at the Federal Reserve Banks are available at: Tour Reserve Banks. Last Update: October 03, 2023. The Federal Reserve Board of Governors in Washington DC.
The Bank's headquarters first opened in November 1914, while the Los Angeles branch office—which is both the District's and the Federal Reserve System's largest branch office—opened in 1920. Each day, the Twelfth District processes 77 million bank notes with the largest share handled by the Los Angeles branch.
Get more information for Federal Reserve Bank in Los Angeles, CA. See reviews, map, get the address, and find directions. ... Actually thats not true, music makes me super happy too but I digress. The tour itself is actually really amazing and one of... Read more on Yelp. Jeff J. 3/13/2013.
Los Angeles 950 South Grand Avenue, Los Angeles, CA 90015 Terminal Annex - P.O. Box 2077, Los Angeles, CA 90051 Shipping Address - 951 S. Olive St., Los Angeles, CA 90015 (213) 683-2300. Portland 1500 SW First Avenue, Portland, OR 97201 P.O. Box 3436, Portland, OR 97208 (503) 276-3000. Salt Lake City 120 South State Street, Salt Lake City ...
P.O. Box 30780, Salt Lake City, UT 84125. (801) 322-7900. Seattle. 2700 Naches Avenue SW, Renton, WA 98057. P.O. Box 3567, Seattle, WA 98124. (425) 203-0800. The Federal Reserve officially identifies Districts by number and Reserve Bank city. In the 12th District, the Seattle Branch serves Alaska, and the San Francisco Bank serves Hawaii. The ...
Gaining access to the actual Federal Reserve Bank in downtown Los Angeles was always going to be difficult, what with the fact that it is the home to billions upon billions of dollars.
Guided tours of the Federal Reserve are offered every weekday (excluding bank holidays). Currently, this is the only way to get into the Federal Reserve and see the Vault and other exhibits. Although they have provided a self-guided option in the past, this is no longer an option as of August 2018.
Federal Reserve Bank of San Francisco Federal Reserve Bank of San Francisco. LinkedIn; Facebook; X; YouTube; YouTube; About Us; Our People; Join Us; What We Study. ... Cathay Bank and Cathay General Bancorp Los Angeles, California. Zach Moon (2024) General Manager California Steel Industries, Inc. Fontana, California. Last updated December 2023 ...