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Federal Reserve Bank of San Francisco Los Angeles Branch

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Coordinates: 34°02′36″N 118°15′35″W / 34.0433°N 118.2598°W / 34.0433; -118.2598
From Wikipedia, the free encyclopedia

The Federal Reserve Bank of San Francisco Los Angeles Branch is one of four branches of the Federal Reserve Bank of San Francisco.[1] The branch is located in Los Angeles, and opened in January 1920.[2][3][4]

Buildings

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The Los Angeles Branch has been housed in two buildings. The first is a historic building located on West Olympic Boulevard and South Olive Street in southern Downtown Los Angeles. The current building is immediately adjacent to the original one.

Original building

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Federal Reserve Bank of San Francisco, Los Angeles Branch
Former Federal Reserve Bank of San Francisco, Los Angeles Branch building
Federal Reserve Bank of San Francisco Los Angeles Branch is located in the Los Angeles metropolitan area
Federal Reserve Bank of San Francisco Los Angeles Branch
Location in Los Angeles
Federal Reserve Bank of San Francisco Los Angeles Branch is located in California
Federal Reserve Bank of San Francisco Los Angeles Branch
Federal Reserve Bank of San Francisco Los Angeles Branch (California)
Federal Reserve Bank of San Francisco Los Angeles Branch is located in the United States
Federal Reserve Bank of San Francisco Los Angeles Branch
Federal Reserve Bank of San Francisco Los Angeles Branch (the United States)
Location409 W. Olympic Blvd., Los Angeles, California
Coordinates34°2′34″N 118°15′35″W / 34.04278°N 118.25972°W / 34.04278; -118.25972
Area0.6 acres (0.24 ha)
Built1929
ArchitectParkinson & Parkinson; P.J. Walker Construction Co.
Architectural styleClassical Moderne, Streamline Moderne
NRHP reference No.84000843[5]
Added to NRHPSeptember 20, 1984

The original 1929 building was designed by John and Donald Parkinson in a Classical Moderne style with elements of Zigzag Moderne.[6][7][8] It was listed on the National Register of Historic Places in 1984.[9]

The original building has since been converted to residential lofts.

Current building

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The current Federal Reserve building viewed from Grand Hope Park

The adjacent 304,000 square feet (28,200 m2) new branch structure with architectural design by Dan Dworsky, interiors by Gensler, construction by Swinerton & Walberg, and project Management by JLH Consulting, was completed in 1987 and dedicated in 1988.[10] The project cost was approximately $50 million. It now houses all operations of the Los Angeles Branch.

Current board of directors

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The following people are on the board of directors as of June 2025:[11]

Name Title Appointed by Term expires
Selena S. Cuffe Co-Founder, Heritage Link Brands and

Chief Growth Officer, Blackstone Consulting, Los Angeles

Fed Board of Governors 2027
Carlos Gonzalez Division President,

Clark Construction, Irvine, California

San Francisco Board of Governors 2026
Maria F. Hollandsworth President and COO, El Pollo Loco, Costa Mesa, California Fed Board of Governors 2027
Michael D. Jones President and CEO, Delta Dental of Arizona, Scottsdale, Arizona Fed Board of Governors 2026
Chang Liu President and CEO, Cathay Bank and Cathay General Bancorp, Los Angeles Fed Board of Governors 2025
Rosemary Vassiliadis Director of Aviation, Harry Reid International Airport, Las Vegas San Francisco Board of Governors 2025
Vacancy San Francisco Board of Governors 2027

See also

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Wikimedia Commons has media related to Federal Reserve Bank Building (Los Angeles).

References

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  1. ^ "Our Branches: Los Angeles – San Francisco Fed". 2013-08-20. Retrieved 2024-08-05.
  2. ^ Federal Reserve Board (June 1925). Branches and Agencies of Federal Reserve Banks (PDF) (Report). p. 1. Retrieved June 30, 2024.
  3. ^ Replogle, Roger; Alexander, Jessica (January 13, 2020). "Commemorating 100 Years in Los Angeles". FRBSF: Blog. Federal Reserve Bank of San Francisco. Retrieved June 30, 2024.
  4. ^ "FRBSF Branches". Archived from the original on 5 December 2010. Retrieved 17 December 2010.
  5. ^ "National Register Information System". National Register of Historic Places. National Park Service. March 13, 2009.
  6. ^ "Reserve Lofts at the Federal Reserve Bank Building Reception and Tour | The Downtown Los Angeles Localista Magazine". www.localistamagazine.com. Retrieved 2024-08-05.
  7. ^ "Federal Reserve Bank of San Francisco, Los Angeles Branch Fed Gallery". CoinsWeekly. Retrieved 2024-08-05.
  8. ^ Hodge, Eileen; Kim, Jiwon; Mattiuzzi, Elizabeth (2020-08-14). "Holding Space: Underlying Real Estate Conditions for Nonprofits in the Los Angeles Region". Federal Reserve Bank of San Francisco, Community Development Research Brief Series: 01–19. doi:10.24148/cdrb2020-04.
  9. ^ Parks, California State. "California State Parks". CA State Parks. Retrieved 2024-08-05.
  10. ^ "New L. A. Federal Reserve Bank to Open : Five-Story Building Will Replace Adjacent, Outgrown Quarters". Los Angeles Times. March 8, 1987.
  11. ^ "Directors of Federal Reserve Banks and Branches". The Federal Reserve. Dec 8, 2013.

34°02′36″N 118°15′35″W / 34.0433°N 118.2598°W / 34.0433; -118.2598

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