It is second only to the Federal Reserve Bank of San Francisco in size of geographic area served.
The bank first occupied the R.A. Long Building at 928 Grand in Downtown Kansas City, which opened on November 16, 1914.
It was sold to Townsend LLC in March 2005 and the Reserve leased back the structure until the new building opened in spring 2008.
[8] In 2003 and 2005, papers were presented at the symposium that were critical of the status quo, and predicted problems with the unseen risks of derivatives.
[14] Featuring a speech by European Central Bank president Mario Draghi,[15] it was depicted as the point of emergence of a new consensus in the economics doctrine and institutions,[16][17] stressing the importance of aggregate demand, countercyclical investments and fiscal policy[18] in opposition to the so-called austerity policies[19] of the Washington Consensus and Berlin View.
Features of the museum include interactive exhibits, a visit to the automated, multi-story cash vault where millions of dollars are secured — one of the largest in the region, viewing of the Harry S. Truman Coin Collection, and an opportunity to lift a real gold bar.
These directors are bankers who are nominated and elected by member banks within the Tenth Federal Reserve District, which includes western Missouri, Nebraska, Kansas, Oklahoma, Wyoming, Colorado and northern New Mexico.
Under the Class A category, a director will be elected by a specific group of member banks classified as either 1, 2 or 3.