What are the 12 Federal Reserve Banks?

The 12 Federal Reserve Banks serve as the operating arms of the Federal Reserve System, each responsible for a specific region of the United States. They are located in Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco. These banks implement monetary policy, supervise financial institutions, and provide banking services to the U.S. government and commercial banks. Each Federal Reserve Bank operates independently but under the oversight of the Board of Governors in Washington, D.C.