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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). [2]
James Brian Bullard (born February 28, 1961) [1] is the former chief executive officer and 12th president of the Federal Reserve Bank of St. Louis, a position he held from 2008 [2] until August 14, 2023. [3]
There were 25 branches but in October 2008 the Federal Reserve Bank of New York Buffalo Branch was closed. List of Federal Reserve branches [ 1 ] [ 2 ] Map of the twelve Federal Reserve Districts, with the twelve Federal Reserve Banks marked as black squares, and all Branches within each district (24 total) marked as red circles.
Alberto G. Musalem is an American economist and banker who is the President of the Federal Reserve Bank of St. Louis.He assumed office on 2 April 2024. [1]He graduated from the London School of Economics with a BSc and Msc in economics, and from the University of Pennsylvania with a PhD in economics in 1996.
Pennington started her career with Edward Jones Investments in 2000 as a financial advisor in Livonia, Michigan. [4] She was named a principal and moved to the company's St. Louis, Missouri headquarters in 2006. [5] After her move to St. Louis, Pennington took on several senior leadership roles at Edward Jones.
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. Federal Reserve Notes issued by the bank are identified by "J" on the face of one and two dollar bills and the J10 on the face of other currency.
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