Question:

How many reserve banks are there?

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How many reserve banks are there?

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  1. There are twelve Federal Reserve Banks, one in each of the twelve Federal Reserve Districts (see map of the Federal Reserve System).

    1st District--Boston

    2nd District--New York

    3rd District--Philadelphia

    4th District--Cleveland

    5th District--Richmond

    6th District--Atlanta

    7th District--Chicago

    8th District--St. Louis

    9th District--Minneapolis

    10th District--Kansas City

    11th District--Dallas

    12th District--San Francisco


  2. only one reserve bank for each country

  3. If you mean district banks in the Federal Reserve, there are 12

  4. In the US - 1. The Federal Reserve.

    Theres pretty much one in each country.

    The purpose of a reserve bank is to regulate national currency and regulate the money supply.

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