Federal Reserve Bank of San Francisco (Paperback)

High Quality Content by WIKIPEDIA articles! The Federal Reserve Bank of San Francisco is the federal bank for the twelfth district in the United States. The twelfth district is made up of nine western states-Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington- plus the Northern Mariana Islands, American Samoa, and Guam. The Federal Reserve Bank of San Francisco has branch offices in Los Angeles, Portland, Salt Lake City, and Seattle. It also has a cash processing center in Phoenix. The twelfth district is the nation's largest by area and population, covering 1.3 million square miles (36% of the nation's area) and 60 million people. The Federal Reserve Bank of San Francisco is the third-largest by assets held, after New York and Richmond. In 2004 the San Francisco Fed processed 20.8 billion currency notes and 1.5 billion commercial checks. The current president, appointed in 2004, is Janet Yellen.