1900-1919
Minneapolis Federal Reserve Bank incorporated/ May 18, 1914
First payments on capital stock totaling $9,060, received from seven member
banks/Oct. 27, 1914
Temporary Office opens in Minnesota Loan & Trust Co. building with 709
stockholding members/Nov. 2, 1914
First deposits credited to reserve accounts of four member banks, titling
$16,420/Nov. 12, 1914
Minneapolis Fed moves to offices in Lumber Exchange Building/Nov. 16,
1914; moves again to the New York Life Building/Jan. 15, 1915
Boundaries of Ninth District altered, 52 banks in 26 Wisconsin counties
transferred to Seventh District/Oct. 12, 1916
War Bond program adds to growth of Minneapolis Fed/1917-1919
1920s
Work of U.S. Subtreasuries transferred to Federal Reserve Banks, resulting
in additions to staff/Early '20s
Helena Branch opens to serve Montana portion of district/1921
Minneapolis Fed moves into own newly constructed building designed by
Cass Gilbert/1925
1930s
Earthquake damages Helena branch building/1934
Helena branch operations move into new building/1935
The Great Depression, along with Congressional legislation passed in the
'30s, causes large swings in staff levels
1940s
Minneapolis Fed opens rented annex in former Farmers & Mechanics
bank building to accommodate major expansion in staff and functions during
World War II
Addition to Helena branch building opened/1946
1950s
Minneapolis Fed leases additional space in Syndicate Building
Eight stories added to Minneapolis Fed's four-story Cass Gilbert structure/1959
1960s
Planning begins for new Minneapolis Fed building/1969
1970s
Minneapolis Fed operations move to new building designed by
Gunnar Birkerts/1973
Helena Branch leases space to accommodate expanded check operations/1973
1980s
Helena Branch leases additional space/1983
Plans for new Helena branch building approved, construction begins/1988
(projected completion—spring 1990)
