Federal Reserve Bank of Boston

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This article is about the Federal Reserve Bank. For the building, see Federal Reserve Bank Building (Boston).
File:Boston Fed map.png
Map of the First District

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".[citation needed] 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

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

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

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

  • Federal Reserve Bank of Boston.jpg

    On an overcast day.

  • 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.

  • Federalreservebankboston-7.jpg

    The Federal Reserve Bank's position to the rest of the Financial District of Boston.

  • Federalreservebankboston-6.jpg

    The parking lot security methods installed for the Federal Reserve Bank of Boston.

  • Federalreservebankboston-5.jpg

    The Federal Reserve Bank of Boston building viewed from the back.

  • Federalreservebankboston-4.jpg

    The Federal Reserve Bank of Boston viewed from the side at street level. The entire building is covered with a matte aluminum paneling.

  • Federalreservebankboston-3.jpg

    The Federal Reserve Bank of Boston building front entrance.

  • Federalreservebankboston-2.jpg

    The Federal Reserve Building of Boston viewed from the side.

  • Federalreservebankboston-1.jpg

    The Federal Reserve Bank of Boston tower near the South Boston financial district.

  • The Federal Reserve Bank Building in Downtown Boston.

See also

References

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External links

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  1. ↑ Second Federal Reserve District Banking Markets
  2. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  3. ↑ Lua error in package.lua at line 80: module 'strict' not found.
  4. ↑ New England Public Policy Center
  5. ↑ 5.0 5.1 Lua error in package.lua at line 80: module 'strict' not found.
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