Sept. 30, 2014 | NewsA 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.
Where does the Richmond Fed stand on pressing issues such as "too big to fail" and housing finance reform?
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.