Whois & Analysis for stlouisfed.org

The Federal Reserve Bank of St. Louis is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the United States' central bank.

Missouri is the only state to have two main branches of Federal Reserve Banks.

(Kansas City also has a bank) Located in downtown St. Louis, the St. Louis Fed is the headquarters of the Eighth Federal Reserve District, which includes the state of Arkansas and portions of Illinois, Indiana, Kentucky, Mississippi, the eastern half of Missouri and West Tennessee.

It has branches in Little Rock, Louisville and Memphis.

Its building, at 411 Locust Street, was designed by St. Louis firm Mauran, Russell & Crowell in 1924.

The Eighth District serves as a center for local, national and global economic research, and provides the following services: supervisory and regulatory services to state-member banks and bank holding companies; cash and coin-handling for the District and beyond; economic education; and community development resources.

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context, or is easily converted to such a form.

The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, sometimes, a standard of deferred payment.

Any item or verifiable record that fulfills these functions can be considered as money.

In ordinary usage, price is the quantity of payment or compensation given by one party to another in return for goods or services.