Changes

A '''Federal Reserve bank''' is any one of the 12 operating arms of the [[Federal Reserve System]], located throughout the [[United States]], that together with their 25 branches carry out various functions of the U.S. central bank system.<ref>http://usinfo.state.gov/products/pubs/oecon/chap12.htm</ref>

A '''Federal Reserve bank''' is any one of the 12 operating arms of the [[Federal Reserve System]], located throughout the [[United States]], that together with their 25 branches carry out various functions of the U.S. central bank system.<ref>http://usinfo.state.gov/products/pubs/oecon/chap12.htm</ref> The chief significance of the Federal Reserve Bank, called "the Fed" for short, is to set and adjust a target interest rate for interbank loans, also known as the Federal Funds Rate.

A dollar bill's printing location can be identified by the serial letter. On the one dollar bill, the serial letter is located in a black circle on the front left side.

A dollar bill's printing location can be identified by the serial letter. On the one dollar bill, the serial letter is located in a black circle on the front left side.