Millions Of Dollars Pass Through This Phoenix Cash-Processing CenterPlay
Do you ever wonder what happens to all that cash that goes in and out of U.S. banks?
The Federal Reserve has more than two dozen centers around the country where regional banks make deposits and withdrawals.
One of the facilities is in Phoenix. Christina Estes (@reporterestes) of Here & Now contributor KJZZ took a tour to see where hundreds of millions of dollars move around each year.
This article was originally published on May 05, 2017.
This segment aired on May 16, 2017.