CHICAGO- (August 11 2017) — The Money Museum at the Federal Reserve Bank of Chicago has been recognized as the winner for best “off-beat museum” by Chicago magazine.
Featured in the magazine’s “2017 Best of Chicago” section (August, 2017 issue), the Money Museum is described as “irresistibly entertaining,” and readers are encouraged to be a tourist for a day in the Chicago area and visit the museum.
Says the magazine, “Try your hand at detecting counterfeit bills, see what a million dollars looks like (in the form of a giant cube of singles), and grab a free souvenir bag of shredded money—formerly worth $364—on your way out.
The museum is open daily and is free. It is located at 230 South LaSalle Street at the corner of Jackson Boulevard and LaSalle Street and features informational exhibits on U.S. currency and the many roles and responsibilities of the Federal Reserve Bank of Chicago, which is part of the central bank of the United States.
Information on visiting the museum.
Read the Chicago magazine story.
Federal Reserve Bank of Chicago Background
The Federal Reserve Bank of Chicago is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the nation’s central bank. The Chicago Reserve Bank serves the seventh Federal Reserve District, which encompasses the northern portions of Illinois and Indiana, southern Wisconsin, the Lower Peninsula of Michigan, and the state of Iowa. In addition to participation in the formulation of monetary policy, each Reserve Bank supervises member banks and bank holding companies, provides financial services to depository institutions and the U.S. government, and monitors economic conditions in its District.
# # # #