July 31, 2014

Charlotte 1928

Members of Charlotte's Transit Department process checks in 1956.

Charlotte processed almost 6.6 million checks totaling $1.6 billion in 1928, its first full year of operation, while currency and coin transactions totaled approximately $91 million. Charlotte stopped processing checks in 2009.  In 2013, the Charlotte office handled almost $53 billion in currency and coins.


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