Federal Reserve Bank of Richmond Charlotte Branch

They promote the safety and soundness of large bank holding companies headquartered in Charlotte.

[2] They distribute currency and coin to financial institutions in our region and provide check adjustment services for the Federal Reserve System.

Their public programs include forums and conferences, economic education outreach, tours and a speakers’ bureau.

It was setup to primarily serve the industrial Piedmont region of North and South Carolina; in its first full year of operation in 1928, the Charlotte Branch handled nearly 6.6 million checks worth almost $1.7 billion and received and shipped over $40 million in currency.

The five-story, modernist building, includes a three-story underground vault encased in steel used for currency storage and exchange.