Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue, NW, Washington, DC 20551. Text over image of eagle and building The Federal Reserve, the central bank of the United States, was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Text over image of Board seal.

Breaking News

*  Order of assessment of a civil money penalty against Cumberland Bank

*  Order of assessment of a civil money penalty against Five Points Bank

*  Senior Loan Officer Opinion Survey on Bank Lending Practices

*  Speech by Governor Olson on recent economic experience and outlook

*  Approval of proposal by First National Bank Group

*  FOMC statement

Statistical Releases

Flow of Funds - Z.1

Industrial Production - G.17

Consumer Credit - G.19

All Statistical Releases


Last Update: November 15, 2004

Features

Consumer Guide to Check 21 and Substitute Checks

Protecting Yourself from Overdraft and Bounced-Check Fees
Explains courtesy overdraft-protection, or bounce coverage, plans, and the costs involved

Image of a man holding a flashlight
Chairman's Financial Education Initiative (on the Federal Reserve Education web site)


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