Federal Reserve Bank Notes were banknotes issued by the United States
Federal Reserve between 1915 and 1934, differing from
Federal Reserve Notes in that they were backed by one of the twelve
Federal Reserve Banks, rather than by all of them collectively. They were first issued in 1915 in denominations of $5, $10 and $20, using a design that shared elements with both the
National Bank Notes and the Federal Reserve Notes of the time. Additional denominations of $1, $2 and $50 were issued in 1918, a $100 note was designed but not issued, and a series of small-size notes was issued in 1933.