Federal Reserve Bank of Dallas Houston Branch explained

The Reserve Bank of Dallas Houston Branch is one of three branches of the Federal Reserve Bank of Dallas.The branch is located on Allen Parkway in the Fourth Ward of Houston, Texas.[1] [2] The 297000square feet building, which includes the second largest currency vault in the country, was designed by architect Michael Graves.

Structure

The building's architect Michael Graves said the inspiration for the structure was the Southwestern landscape.[3] Musician and Talking Heads leader David Byrne, commented that "This very out of place structure somehow lingers, like a fart left by someone no longer in an elevator."[4] The brick exterior, which consists of 537,000 closure brick, 31,400 blue structural glazed tile, and 90,000 modular accent brick has been called a masonry masterpiece by the Mason Contractors Association of America.[5]

Board of directors

The following people are on the board of directors as of 2013:[6]

Appointed by the Federal Reserve Bank

Appointed by the Federal Reserve Bank! Name! Title! Term Expires
Gerald B. SmithChairman and Chief Executive Officer
Smith, Graham & Company Investment Advisors, L.P.
Houston, Texas
2013
Kirk S. HachigianChairman and Chief Executive Officer
Cooper Industries, Ltd.
Houston, Texas
2014
Vacancy2014
Paul B. Murphy Jr.President and Chief Executive Officer
Cadence Bank
Houston, Texas
2015

Appointed by the Board of Governors

Appointed by the Board of Governors! Name! Title! Term Expires
Greg L. ArmstrongPresident and Chief Executive Officer
Plains All American Pipeline L.P.
Houston, Texas
2013
Paul W. Hobby
(Chair)
Chairman and Managing Partner
Genesis Park, LP
Houston, Texas
2014
Ellen OchoaDeputy Director
NASA Johnson Space Center
Houston, Texas
2015

See also

References

29.7599°N -95.3844°W

Notes and References

  1. Web site: Houston Branch - About the Fed - FRB Dallas. 17 December 2010. https://web.archive.org/web/20101214192803/http://dallasfed.org/fed/houston.cfm. 14 December 2010. dead.
  2. "Boundary.png ." Fourth Ward Redevelopment Authority. Retrieved on July 2, 2011.
  3. Web site: Remembering Michael Graves, the Architect Houston Loved to Hate . Hardy . Michael . weburbanist.com . 15 March 2015 . 13 February 2016.
  4. Web site: Show Us The Money: 10 Cold, Hard Central Bank Buildings . Steve . 11 April 2010. weburbanist.com . 13 February 2016.
  5. Web site: FEDERAL RESERVE BANK OF DALLAS - HOUSTON BRANCH. masconcontractors.org . 13 February 2016.
  6. Web site: Directors of Federal Reserve Banks and Branches . Dec 8, 2013. The Federal Reserve.