The Federal Reserve Bank of San Francisco Seattle Branch is one of four branches of the Federal Reserve Bank of San Francisco. The branch opened September 19, 1917.[1] In 1938, it absorbed the operations of the Spokane branch and in 2005 took over cash operations from the Portland branch.[2][3]
The branch is located at 2700 Naches Ave SW in Renton, Washington, a suburb south of Seattle.[4] Until 2008, the branch was headquartered at the Federal Reserve Bank Building in Downtown Seattle, which had been built in 1951 for the branch.[5]
Current board of directors
editThe following people are on the board of directors as of December 2023:[6]
Appointed by the Board of Governors of the Federal Reserve System
edit| Name | Title | Term expires |
|---|---|---|
| Sheila Edwards Lange
(Chair of the Board) |
Chancellor, University of Washington Tacoma | 2025 |
| Pallavi Mehta Wahi | Seattle Managing Partner, K&L Gates Seattle, Washington |
2024 |
| John Wolfe | Chief Executive Officer, Northwest Seaport Alliance | 2023 |
Appointed by the San Francisco Board of Directors
edit| Name | Title | Term expires |
|---|---|---|
| Bob Donegan | President, Ivar's Restaurants | 2025 |
| Carol Gore | President and Chief Executive Officer, Cook Inlet Housing Authority | 2023 |
| Michael Senske | Chairman and Chief Executive Officer, Pearson Packaging Systems | 2024 |
| Laura Lee Stewart | President and Chief Executive Officer, Sound Community Bank and Sound Financial Bancorp | 2023 |
See also
edit
- Federal Reserve Act
- Federal Reserve System
- Federal Reserve Bank
- Federal Reserve Districts
- Federal Reserve Branches
- Federal Reserve Bank of San Francisco Los Angeles Branch
- Federal Reserve Bank of San Francisco Portland Branch
- Federal Reserve Bank of San Francisco Salt Lake City Branch
- Federal Reserve Bank of San Francisco Building (San Francisco, California)
- Structure of the Federal Reserve System
References
edit- ^ Federal Reserve Board (June 1925). Branches and Agencies of Federal Reserve Banks (PDF) (Report). p. 1. Retrieved June 30, 2024.
- ^ Federal Reserve Bank of San Francisco (September 13, 2021). "Federal Reserve Bank of San Francisco". Federal Reserve History. Retrieved June 30, 2024.
- ^ "FRBSF: Our Branches, Seattle". frbsf.org. Federal Reserve Bank of San Francisco. Retrieved June 30, 2024.
The Portland Cash Operation closed in 2005 and was absorbed by the Seattle office.
- ^ "FRBSF Branches". Archived from the original on December 5, 2010. Retrieved December 17, 2010.
- ^ Ott, Jennifer (September 20, 2008). "Federal Reserve Bank (Seattle)". HistoryLink. Retrieved July 24, 2016.
- ^ "Board of Governsors of the Federal Reserve System". The Federal Reserve. June 1, 2021.
47°27′14″N 122°14′22″W / 47.453818°N 122.239515°W
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