The Fed achieves these goals by providing the U.S. with a central monetary policy and regulating U.S. banks. The 12 Federal Reserve Banks act as “banks for the banks.” When the Board of ...

Investopedia / Sydney Saporito The Federal Reserve Bank of Kansas City is one of 12 reserve banks in the Federal Reserve System (FRS). Informally referred to as the Kansas City Fed, it is ...

Even though it is referred to as the central bank of the United States, the Federal Reserve System, or Fed, actually consists of 12 districts, each with its own reserve bank. Each Federal Reserve ...