A Look at the 100 Years of Service of the Federal Reserve Bank of St. Louis

October 28, 2014

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.

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This blog offers relevant commentary, analysis, research and data from our economists and other St. Louis Fed experts. Views expressed are not necessarily those of the St. Louis Fed or Federal Reserve System.

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