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As of December 10, 2005, the Oklahoma City Branch office of the Federal Reserve Bank of Kansas City will no longer process checks, and depository institutions that were assigned to that office have been reassigned to the head office of the Federal Reserve Bank of Dallas. They are the directors of the Los Angeles branch of the Federal Reserve Bank in San Francisco, and they report monthly on important trends in the regional economy. A penny saved is a penny earned, but too many pennies saved is a big problem for the Federal Reserve Bank in Philadelphia. |
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