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Press Room

Sept. 30, 2014 | News

A Century of Change: Charlotte, Banking and the Federal Reserve

In 1914, Charlotte was one of 37 cities that submitted a formal petition for a regional Reserve Bank. Though the North Carolina city was one of the smallest by population to compete, it held its own in terms of deposits per capita, reflecting a strong banking sector.






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Laura Fortunato
(804) 697-8196
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Jim Strader
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Where does the Richmond Fed stand on pressing issues such as "too big to fail" and housing finance reform?

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The Richmond Fed is counting down the days to the 100th anniversary of its opening on Nov. 16. Here’s a weekly historical fact about the Bank.