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Commemorating the Centennial

Federal Reserve Board of Governors

About the Centennial

100 Years, Federal Reserve System

The Federal Reserve System was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law. The system is composed of a central, independent governmental agency--the Board of Governors--in Washington, D.C., and 12 regional Federal Reserve Banks, located in major cities throughout the nation.

Today, the Federal Reserve sets the nation's monetary policy, supervises and regulates banking institutions, maintains the stability of the financial system, and provides financial services to depository institutions, the U.S. government, and foreign official institutions.

Click here to view our Centennial history web gateway site Leaving the Board

Watch ceremony on demand Leaving the Board | Transcript (PDF)


 

TOP LEFT: Board Building dedication, 1937. TOP MIDDLE: Chicago Fed under construction, 1921. TOP RIGHT: Minneapolis Fed vault, 1940s. BOTTOM LEFT: Cleveland armored car, 1920, BOTTOM RIGHT: Board of Governors, 1914. style=

Looking Back 

The Fedís centennial year begins on December 23, 2013, the 100th anniversary of the signing of the Federal Reserve Act. Click below to view our historical photo gallery. 
 

 

Federal Reserve System Pages

Click on a district to be taken to the district's centennial page:

 
Last update: December 19, 2013