Federal Reserve Bank of Boston
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 its mission as promoting "growth and financial stability in New England and the nation". The Boston Fed also includes the New England Public Policy Center.[4]
Current Board of Directors
The following people serve on the board of directors as of 2015:[5] All terms expire December 31.[5]
Class A
| Name | Title | Term Expires |
|---|---|---|
| Peter L. Judkins | President and Chief Executive Officer Franklin Savings Bank Farmington, Maine |
2015 |
| Joseph L. Hooley | Chairman and Chief Executive Officer State Street Corporation Boston, Massachusetts |
2016 |
| Michael E. Tucker | President and Chief Executive Officer Greenfield Co-operative Bank Greenfield, Massachusetts |
2017 |
Class B
| Name | Title | Term Expires |
|---|---|---|
| Roger S. Berkowitz | President and Chief Executive Officer Legal Sea Foods, LLC Boston, Massachusetts |
2015 |
| Laura J. Sen | President and Chief Executive Officer BJ's Wholesale Club, Inc. Westborough, Massachusetts |
2016 |
| Gary L. Gottlieb | Chief Executive Officer Partners In Health Boston, Massachusetts |
2017 |
Class C
| Name | Title | Term Expires |
|---|---|---|
| Catherine D'Amato | President and Chief Executive Officer The Greater Boston Food Bank Boston, Massachusetts |
2015 |
| John F. Fish
(Deputy Chair) |
Chairman and Chief Executive Officer Suffolk Construction Company, Inc. Boston, Massachusetts |
2016 |
| William D. Nordhaus
(Chair) |
Sterling Professor of Economics Yale University New Haven, Connecticut |
2017 |
Image gallery
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On an overcast day.
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The Federal Reserve building in Boston (tall white building on left, plus white lowrise in front of tower), and other buildings as seen from the south side of the Fort Point Channel. The Summer Street bridge is at the far left, and the Congress Street bridge on the right.
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The Federal Reserve Bank's position to the rest of the Financial District of Boston.
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The parking lot security methods installed for the Federal Reserve Bank of Boston.
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The Federal Reserve Bank of Boston building viewed from the back.
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The Federal Reserve Bank of Boston viewed from the side at street level. The entire building is covered with a matte aluminum paneling.
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The Federal Reserve Bank of Boston building front entrance.
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The Federal Reserve Building of Boston viewed from the side.
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The Federal Reserve Bank of Boston tower near the South Boston financial district.
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The Federal Reserve Bank Building in Downtown Boston.
See also
- Federal Reserve System
- Federal Reserve Districts
- Federal Reserve Branches
- Federal Reserve Act
- Federal Reserve Bank Building (Boston)
- Structure of the Federal Reserve System
References
- ↑ 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
- 1 2 "Directors of Federal Reserve Banks and Branches". The Federal Reserve. Dec 8, 2013.
External links
- 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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