The
Federal Reserve Bank of Atlanta is responsible for the sixth district, which covers the states of
Alabama,
Florida, and
Georgia, 74 counties in the eastern two-thirds of
Tennessee, 38 parishes of southern
Louisiana, and 43 counties of southern
Mississippi. The Sixth District operates branches in
Atlanta,
Birmingham,
Jacksonville,
Miami,
Nashville, and
New Orleans. These branches provide cash to
banks,
savings and loans, and other depository institutions;
transfer money electronically; and
clear millions of
check.
The bank is currently located at 1000
Peachtree Street NE in
midtown Atlanta. Prior to 2001, the bank was located in
downtown Atlanta at 104
Marietta Street NW, which is now the home of the
State Bar of Georgia.
The current president,
Dennis P. Lockhart took office March 1, 2007, as the 14th president and
chief executive officer of the Sixth District Federal Reserve Bank, at Atlanta.
The Atlanta Fed has three main functions:
monetary policy, operation of nationwide
payment system, and
bank supervision and regulation. It is his job to decide the
interest rates, and he...
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