July 24, 2014

Baltimore Checks

Members of Baltimore's Transit Department process checks in 1954.

In 1919—the first full year of operation—the Baltimore office handled nearly 7.6 million checks totaling just over $3.5 billion. The office reached its peak year of check processing in 2005, handling more than 505 million checks.


Bob McTeer talks about leading the Baltimore Branch and becoming president of the Dallas Fed.