Permanent historical factsheet

Federal Reserve Banks Open

United States of America · Economy / Banking. Chronological records rendered directly from the World History Database.

1Records
1914Date range
1Named people
1Places

Chronological records

1914

Charles Sumner Hamlin16 November 1914

Washington · Economy / Central Banking

All twelve Federal Reserve Banks open for business on the same day, making the new Federal Reserve System operational and giving the United States a coordinated network of regional central banks.

Names involved

Charles Sumner Hamlin

Provenance

This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.