Logo: 100 Years, Federal Reserve System
 

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1913: Fed's Formative Years

The Fed's Formative Years period is 1913 through 1929.
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1913: Federal Reserve Act Signed

President Wilson signed the Federal Reserve Act on December 23, 1913.
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1914: Reserve Bank Organization Committee

Reserve Bank Organization Committee announces selection of Reserve Bank cities and district boundaries
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1914: Fed's Role During WWI

The Federal Reserve played an important role during WWI.
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1914: Reserve Banks Open

The Federal Reserve Banks opened for business on November 16, 1914.
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1917: Liberty Bonds

World War I and Liberty Bonds
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1927: McFadden Act

The Federal Reserve’s success led to the McFadden Act, which President Calvin Coolidge signed on February 25, 1927.
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