<P> The twelve regional Federal Reserve Banks were established as the operating arms of the nation 's central banking system . They are organized much like private corporations -- possibly leading to some confusion about ownership . </P>
<P> The twelve regional Federal Reserve Banks were established as the operating arms of the nation 's central banking system . They are organized much like private corporations -- possibly leading to some confusion about ownership . </P>
how many branches of the federal reserve system were established to operate across the country
how many branches of the federal reserve system were established to operate across the country
twelve
twelve