A Look at the 100 Years of Service of the Federal Reserve Bank of St. Louis
A little more than a century ago, banking panics were not an uncommon occurrence, causing significant instability in the nation’s financial system. The solution was a confederation of independent, regional banks that, together with a Board of Governors in Washington, D.C., would represent the economic interests of businesses and citizens across the country. As the nation’s fourth-largest city and one of its banking centers, St. Louis was a logical choice to locate one of these banks.
Additional Resources
- Annual Report: 100 Years of Service
- Federal Reserve Bank of St. Louis Centennial
- On the Economy: Why St. Louis Received a Federal Reserve Bank
- On the Economy: How the Eighth Federal Reserve District Was Formed
Citation
"A Look at the 100 Years of Service of the Federal Reserve Bank of St. Louis," St. Louis Fed On the Economy, Oct. 28, 2014.
This blog offers commentary, analysis and data from our economists and experts. Views expressed are not necessarily those of the St. Louis Fed or Federal Reserve System.
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