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Answered 2013-03-17 21:32:39

account associated with your birth certificate

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Can ordinary citizens have an account with the federal reserve bank?

no an ordinary citizen can not have an account with the federal reserve bank, only government employee s can.


What is approximate value of funds held in the open market reserve account of the Federal Reserve Bank of New York?

The approximate value of funds held in the open market reserve account of the Federal Reserve Bank of New York is $496 billion.


How do you get your money from your account in the federal reserve bank?

You don't. Neither you nor I would have an account in the Federal Reserve Banks. They oversee other banking institutions and conduct the monetary policy for the USA.


When was Federal Reserve Bank of Boston created?

Federal Reserve Bank of Boston was created in 1976.


When was Federal Reserve Bank of Cleveland created?

Federal Reserve Bank of Cleveland was created in 1923.


Why does the Federal Reserve Bank of New York play a special role within the Federal Reserve System?

Why does the Federal Reserve Bank of New York play a special role within the Federal Reserve System?


What are three purposes the Federal Reserve Bank of New York has for its open market purchase account?

The 3 purposes of the pen market purchase account maintained by the Federal Reserve Bank of New York are to implement the U.S. monetary policy, to influence the supply of reserve balances, and to reinvest the proceeds of maturing securities.


What is the purpose of the Federal Reserve Bank?

The Federal Reserve Bank manages the U.S. economy by controlling the money supply.


When was Federal Reserve Bank of San Francisco created?

Federal Reserve Bank of San Francisco was created in 1930.


What Federal Reserve Bank regulates the second Federal Reserve District?

The second district in the Federal Reserve System is regulated by the Federal Reserve Bank of New York. This includes New York, and part of New Jersey.


What is the function of the Federal Reserve Bank?

The function of the Federal Reserve Bank is responsible for carrying out monetary policy as set by the Federal Open Market Committee. They are 12 Reserve banks


How much gold is at the federal reserve?

approx. 7000 tons at ny fed reserve bank. only federal reserve bank to hold gold.


The united state's central bank is known as?

The Federal Reserve, also known as the Federal Reserve Bank or just the Fed.


Is the Australian federal reserve bank a private corporation?

Yes, the Australian Federal Reserve Bank is indeed a private corporation. In fact, all Federal Reserve Banks are private corporations. The Federal Reserve Board of Governors in Washington DC.


Is the Federal Reserve Bank owned by the US Gov't?

Yes. The Federal Reserve is the central bank of the United States of America. The government of the United States owns the Federal Reserve. However the Federal Reserve has powers to control the financial wellbeing of the country.


When was Federal Reserve Bank of Richmond Baltimore Branch created?

Federal Reserve Bank of Richmond Baltimore Branch was created in 1926.


True or false the national bank replaced the federal reserve system?

It is false that the National Bank replaced the Federal Reserve System.


When was Federal Reserve Bank of Cleveland Pittsburgh Branch created?

Federal Reserve Bank of Cleveland Pittsburgh Branch was created in 1933.


What was the purpose of the federal reserve act?

The purpose of the Federal Reserve Act was to create a central banking system and to create the Federal Reserve System. It granted the legal authority to the Federal Reserve Bank to issue Federal Reserve Notes and Federal Reserve Bank Notes as legal tender for the United States.


What can the Federal Reserve Bank do to help a private bank during a bank run?

The Federal Reserve Bank can provide a short-term loan to banks to prevent them from running out of money.



What is the location of the Chicago Federal Reserve Bank in Detroit?

There is no Federal Reserve Bank anymore, however it was previously located on the corner of Fort and Shelby.


What is the limit of transactions in saving bank account?

6 per month as mandated by the Federal Reserve under regulation D



Is the federal reserve bank considered a holding bank?

The Federal Reserve Bank is not considered a holding bank. One of its primary goals is to supervise all holding banks for soundness. Federal Reserve Banks were started by US Congress as a means of keeping an eye on the nation's banking system.


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