Federal Reserve Bank of Minneapolis Helena Branch explained

The Federal Reserve Bank of Minneapolis Helena Branch is the only branch of the Federal Reserve Bank of Minneapolis. The branch was opened on 1 Feb. 1921.^[1] At the time of opening, the city had a population of 12,377 making it the smallest city to have a Federal Reserve bank or branch.^[1]

The branch is located in Helena, Montana, in a 69350square feet 3-level facility which sits on 4 acres.^{[1] [2]}

Current Board of Directors

The following people are on the board of directors as of 2013:^[3]

Appointed by the Federal Reserve Bank

Appointed by the Federal Reserve Bank! Name! Title! Term Expires

Thomas R. Swenson	President and Chief Executive Officer Bank of Montana and Bancorp of Montana Holding Company Missoula, Montana	2013
Duane Kurokawa	President Western Bank of Wolf Point Wolf Point, Montana	2014
Barbara Stiffarm	Executive Director Opportunity Link, Inc. Havre, Montana	2015

Appointed by the Board of Governors

Appointed by the Board of Governors! Name! Title! Term Expires

David B. Solberg(Chair)	Owner Seven Blackfoot Ranch Company Billings, Montana	2014
Marsha Goetting	Professor and Extension Family Economics Specialist Montana State University Bozeman, Montana	2015

See also

• Federal Reserve Act
• Federal Reserve System
• Federal Reserve Districts
• Federal Reserve Branches
• Federal Reserve Bank of Minneapolis
• Structure of the Federal Reserve System

References

46.5939°N -112.0382°W

Notes and References

1. Web site: Helena Branch History The Federal Reserve Bank of Minneapolis. 17 December 2010. https://web.archive.org/web/20110727111633/http://www.minneapolisfed.org/about/locations/helena/building.cfm. 27 July 2011. dead.
2. The Region, November 1990
3. Web site: Directors of Federal Reserve Banks and Branches . 6 December 2013 . The Federal Reserve.