4. What States do the Atlanta Fed Territory
Cover
Alabama, Florida, And Georgia
5. Where are the Atlanta Fed branch offices
located?
Atlanta, Birmingham, Jacksonville, Miami, Nashville, and New Orleans
6. What role do the Atlanta Fed and the other Reserve
Banks play in all three of the Fed's functions?
Depository for federal money
7. What services do the Atlanta Fed Six branch
offices provide?
Through its six branch offices, the Atlanta Fed plays an important role
in the nation's payment system by providing financial services, which
include distributing cash to banks, savings and loans, and other
depository institutions and processing electronic payments.
8. Who makes the decision on interest rates?
In the US, the Board of Governors of the Federal Reserve meets at
intervals of five to eight weeks, in which they announce their latest
decisions.
9. How often do the Bank Officers and
Governors meet?
By law, the FOMC must meet at least four times each year in
Washington, D.C.
10. What is the nickname for the Federal Reserve
System?
The Fed
