Federal Reserve Bank Services. S. savings bonds each year on behalf of the Treasury. The regional banks collect unemployment and income tax, excise taxes to deposit to the Treasury and issue and redeem bonds.
Routing numbers will be different based on the account branch.
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Reserve Banks also engage in financial services to the federal government by acting as the liaison between the Department of Treasury and depository institutions. Either way you look at it, there's going to be some. Learn more about the US central bank, and how to trade Fed interest rate The Federal Reserve is the central bank of the United States.
