The correct answer is B) Federal Reserve Regional Bank.
If Wachovia needed to borrow money, the bank manager would contact the Federal Reserve Regional Bank.
This bank belongs to the Federal Reserve System, that is the central bank of the United States. These banks implement the monetary policy that is applied in the states. This system provides the liquidity needed to all the banks. There are Federal Reserve Banks in Atlanta, Cleveland, Minneapolis, Richmond, San Francisco, Boston, Kansas City, Washington, St. Louis, Chicago, Philadelphia, New York, and Dallas.
The other options of the question were A) the Federal Open Market Committee and C) Board of Governors Member Bank.