After the Federal Reserve Act was signed in 1913, the Federal Reserve came into its own in the two decades that followed.
The Fed’s success led to this legislation in 1927, which rechartered the Federal Reserve Banks in perpetuity among other items
Reserve Bank Organization Committee
The RBOC announced the location and district boundaries of the Reserve Banks in April 1914
Federal Reserve Act Signed
The Federal Reserve Act became law in December 1913, culminating three years of debate