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Reserve Bank Organization Committee

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Image from: Decision of the Reserve Bank Organization Committee Determining the Federal Reserve Districts and the Location of Federal Reserve Banks Under Federal Reserve Act Approved December 23, 1913, page 9.

NOTE: The Reserve Bank Organization Committee (RBOC) was established by the Federal Reserve Act, December 23, 1913. It was composed of the Secretary of the Treasury, the Secretary of Agriculture, and the Comptroller of the Currency. The RBOC designated the Federal Reserve cities, divided the United States into Federal Reserve Districts, supervised the organization of District Federal Reserve Banks, and prescribed regulations for the acceptance of the Federal Reserve Act by all national banking associations and participating banks. The RBOC was discontinued after the tasks assigned to the committee were completed in May 1914.

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