Which statement is NOT true?
A) The Federal Reserve Regional Bank located in Boston participates in the regulation and supervision of member banks.
B) The Federal Reserve Regional Bank located in Chicago participates in the distribution of coins and currency.
C) The regional Federal Reserve Regional Bank located in Topeka serves as a banker for the U.S. Treasury.
D) The regional Federal Reserve Regional Bank located in San Francisco does not accept deposits from U.S. citizens.

Question

Quizplus · Accepted Answer

There is no Federal Reserve Regional Bank located in Topeka. The Federal Reserve Banks are located in major cities such as Boston, Chicago, and San Francisco, among others, but not in Topeka.

Which Statement Is NOT True