Federal Reserve Bank of St. Louis

Federal Reserve Bank of St. Louis
Federal Reserve Seal
Headquarters
HeadquartersBroadway and Locust Street
St. Louis, Missouri, USA
EstablishedMay 18, 1914 (1914-05-18)
PresidentKathy O’Neill Paese (acting)
Central bank of
Eighth District
Websitewww.stlouisfed.org
The Federal Reserve Bank of St. Louis is one of 12 regional banks that make up the Federal Reserve System

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 (Kansas City also has a bank).[1]

Located in downtown St. Louis, the St. Louis Fed is the headquarters of the Eighth Federal Reserve District, which includes the state of Arkansas and portions of Illinois, Indiana, Kentucky, Mississippi, the eastern half of Missouri and West Tennessee. It has branches in Little Rock, Louisville and Memphis. Its building, at 411 Locust Street, was designed by St. Louis firm Mauran, Russell & Crowell in 1924. The Eighth District serves as a center for local, national and global economic research, and provides the following services: supervisory and regulatory services to state-member banks and bank holding companies; cash and coin-handling for the District and beyond; economic education; and community development resources.

  1. ^ Wheelock, David C. (2015). "Economics and Politics in Selecting Federal Reserve Cities: Why Missouri Has Two Reserve Banks". Review, Federal Reserve Bank of St. Louis. 97 (4): 269–288. Archived from the original on 2021-12-19. Retrieved 2019-10-14.