The Federal Reserve Bank of New York is one of twelve Federal Reserve Banks in the US. It is the largest and most influential of the twelve Banks. It was opened in 1914. Under the supervision of Strong, the then president of the Bank, the US was able to avoid much of the financial that plagued European countries after the way. He is also considered the one who founded the ideas and thoughts of the modern banker. The bank is currently located at 33 Liberty Street, New York, NY. The Bank handles trillions of dollars a day in funds and securities, and also maintains the largest gold repository in the world. While the exact number cannot be confirmed, there is reputedly almost 8000 tons of gold stored. Foreign banks own most of this gold, and since the Bank does not charge to storage the gold, only to move it, the Bank has become a central storage location for gold bullion around the world.
If you would like to visit the Bank, we would be happy to incorporate a stop at the Bank into a private tour and have you take a pre-scheduled 1-hour tour of the Bank. Contact us today to plan your trip to New York.