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Federal Reserve Bank of Atlanta

4.3/5
16 Reviews
Atlanta Top 15 in Can't Miss Attractions
Open Open on Mon-Fri,9:00am-4:00pm
Recommended Sightseeing Time: 1-2 hours
Address: 1000 Peachtree St NE, Atlanta, GA 30309-3904
map
Phone: +1-404-4988500

What people are saying:

The entire building is constructed of marble, majestic, graceful and luxurious, showing that the Federal Reserve has strong capital backing. The Federal Reserve Bank of Atlanta is the most powerful bank in the world and the place with the most dollars and gold in the world. The Atlanta Federal Reserve Bank (Atlanta Federal Reserve Bank) actually includes twelve banks and their 25 regional branches all over the United States. Although it was originally established to stabilize and protect the US banking system, its current main responsibility is to control inflation. Upon entering the exhibition hall, it is an exhibition to understand the story of currency. An approximately circular exhibition board introduces the process from the first exchanged items to the current currency. This is a worldwide exhibition. There are even early Chinese copper plates, silver dollars, and bank notes, which is very interesting. The next exhibition is to show how future bank employees will carry out their work. So it is a future exhibition board. The exhibition panel focused on $20, showing how to distinguish between real and fake currencies. Large denomination currency, let people see the big denomination dollar that you have never seen. In short, you can see a variety of dollar samples. Walking into the back room, through the half-foot-thick reinforced glass, you can see the staff inside pushing carts of hundred-dollar bills walking around, the machine counting money, and so on. The process of currency production and destruction of obsolete and damaged US dollars are all demonstrated here. A large cart of hundred-dollar bills is about US$3 million. All operations have no blind spot surveillance video. If someone wants to take away the currency to be destroyed, they will take the risk. Close to the glass wall is a row of display screens. You can select various questions you want to know from the list. After clicking, the answer will be displayed. You can learn about the U.S. banking system and the important role of the Federal Reserve in the U.S. financial industry, and learn about the development and changes of U.S. banks and policy changes, and benefit a lot. The next exhibition is the challenge facing banks. According to the charter of the Federal Reserve Bank of the United States, its purpose is to help eliminate the effects of inflation and deflation, and actively participate in creating an environment that promotes high employment rates, stable prices, national economic growth and rising consumption levels. Another important responsibility is to promote the safe and efficient flow of funds within the banking system. So far, through encouraging technological innovation in areas such as electronic transfers. The Federal Reserve has greatly improved the efficiency of the payment system. The earliest transfer of funds was carried out by telegraph, dating back to 1918. Eventually, the Federal Reserve will move towards a future of paperless or electronic money. Once it is realized, its daily duties of replacing old coins and confiscating counterfeit banknotes will no longer exist. There is a huge gold brick in the corridor. Through the outside handle, you can feel the weight of the gold brick, and it also marks the dollar value of the gold brick today.

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