Federal Reserve Bank of New York

The Federal Reserve Bank of New York is like a giant bank for other banks. Just like when you save your allowance in a piggy bank, banks save and keep their money in this big bank. But this bank is different because they also help make rules for how banks can use their money and make sure banks have enough money to work properly.

The people who work at this bank, called bankers, also help keep track of money coming in and going out of the country. It's like they have a really big piggy bank where they keep track of how much money is going in and out of the United States.

The Federal Reserve Bank of New York is important because they help keep our financial system safe and healthy, so people can use their money safely and banks can work properly.