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Tuesday, September 29, 2020
Home New York City / NYC NYC 's Federal Reserve Bank - New York City

NYC ‘s Federal Reserve Bank – New York City

Federal Reserve Bank of New York


33 Liberty Street, New York, NY 10006

Here is one of 12 regional Reserve Banks in the Federal Reserve System. Free tours will take you through their interactive exhibit center as well as to the bank’s vault which contains international monetary gold. There’s actually more gold here than at Fort Knox. ‘Wait, NO!….here is the grandest stash of gold in the entire world! The Vault itself is located about 5 stories below ground level.

The number of guards employed by the New York Fed is about the size of the police force in a small American city. The exact number of guards is not made public for security reasons…Wow! I guess you’d need such a big force to guard the more than $64 billion of gold. Approximately 25-30% of the world’s known gold reserves. I haven’t gotten around to taking their tour. I understand it’s a very popular place to visit and well, you need to make reservations way in advance. But, that shouldn’t stop you from visiting. Enjoy!

Tours of the NY Federal Reserve

Guided tours serve as a comprehensive introduction to the Federal Reserve System and the New York Fed’s role in setting monetary policy, promoting financial stability, and serving communities to advance economic growth. During the tour, visitors hear a description of the primary ways that the Federal Reserve carries out its goals as mandated by Congress– maximum sustainable employment and price stability. It also includes a brief visit to the gold vault where the New York Fed has historically acted as a custodian for gold owned by various governments and international agencies. The tour is an interactive educational experience to engage visitors in conversation about the central bank of the United States.

Reservations
Tours can be booked as far as four months in advance. Registration is online only, and prospective visitors are encouraged to schedule their visits early as spaces are limited and fill up quickly.

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