Federal Reserve Bank of Boston
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The Federal Reserve Bank of Boston, commonly known as the Boston Fed, is responsible for the First District of the Federal Reserve, which covers most of Connecticut (excluding Southwestern Connecticut[1]), Massachusetts, Maine, New Hampshire, Rhode Island and Vermont.[2][3] It is headquartered in a distinctive 614-foot (187 m) tall, 32-story Federal Reserve Bank Building at 600 Atlantic Avenue, Boston. Designed by architecture firm Hugh Stubbins & Associates, the tower portion of the building is suspended between two towers on either side.
The code of the Bank is A1, meaning that dollar bills from this Bank will have the letter A on them. Its current president is Eric S. Rosengren, who replaced Cathy E. Minehan in July 2007. The Boston Fed describes it mission as promoting "growth and financial stability in New England and the nation".[citation needed] The Boston Fed also includes the New England Public Policy Center.[4]
Contents
Current Board of Directors[edit]
The following people serve on the board of directors as of 2013:[5] All terms expire December 31.[5]
Class A[edit]
Name | Title | Term Expires |
---|---|---|
Richard E. Holbrook | Chairman and Chief Executive Officer Eastern Bank Boston, Massachusetts |
2013 |
Kathryn G. Underwood | President and Chief Executive Officer Ledyard National Bank Hanover, New Hampshire |
2014 |
Peter L. Judkins | Chairman, Vice President and Chief Executive Officer Franklin Savings Bank Farmington, Maine |
2015 |
Class B[edit]
Name | Title | Term Expires |
---|---|---|
John F. Fish | Chief Executive Officer Suffolk Construction Company, Inc. Boston, Massachusetts |
2013 |
Gary Gottlieb | President and Chief Executive Officer Partners HealthCare System, Inc. Boston, Massachusetts |
2014 |
Roger S. Berkowitz | President and Chief Executive Officer Legal Sea Foods, LLC Boston, Massachusetts |
2015 |
Class C[edit]
Name | Title | Term Expires |
---|---|---|
Kirk A. Sykes
(Chair) |
President Urban Strategy America Fund, L.P. Boston, Massachusetts |
2013 |
William D. Nordhaus
(Deputy Chair) |
Sterling Professor of Economics Yale University New Haven, Connecticut |
2014 |
Catherine D’Amato | President and Chief Executive Officer The Greater Boston Food Bank Boston, Massachusetts |
2015 |
Image gallery[edit]
See also[edit]
- Federal Reserve System
- Federal Reserve Districts
- Federal Reserve Branches
- Federal Reserve Act
- Federal Reserve Bank Building (Boston)
- Structure of the Federal Reserve System
References[edit]
- ^ Second Federal Reserve District Banking Markets
- ^ "Eric S. Rosengren:President Federal Reserve Bank of Boston". Federal Reserve Bank Presidents. Board of Governors of the Federal Reserve System. January 28, 2009. Retrieved 2009-02-24.
- ^ "FAQS:Federal Reserve Banks". Federal Reserve Bank of Richmond. Retrieved 2009-02-24.
- ^ New England Public Policy Center
- ^ a b "Directors of Federal Reserve Banks and Branches". The Federal Reserve. Dec 8, 2013.
External links[edit]
- Boston Fed home page
- History of the Boston Fed
- Boston Branch
- Annual Reports of the Federal Reserve Bank of Boston from 1916 to 1967
Coordinates: 42°21′10″N 71°03′14″W / 42.35268°N 71.05382°W
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