When referencing the foundational twelve regional institutions that comprise the decentralized operational structure of the United States central banking authority, the twelve federal reserve banks include the Federal Reserve Bank of Boston, the Federal Reserve Bank of New York, the Federal Reserve Bank of Philadelphia, the Federal Reserve Bank of Cleveland, the Federal Reserve Bank of Richmond, the Federal Reserve Bank of Atlanta, the Federal Reserve Bank of Chicago, the Federal Reserve Bank of St. Louis, the Federal Reserve Bank of Minneapolis, the Federal Reserve Bank of Kansas City, the Federal Reserve Bank of Dallas, and the Federal Reserve Bank of San Francisco. These regional entities execute core monetary policy functions.