Federal Reserve Bank of Boston

From Wikipedia, the free encyclopedia
Jump to: navigation, search
This article is about the Federal Reserve Bank. For for the building, see Federal Reserve Bank Building (Boston).
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 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]

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]

Class A
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]

Class B
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]

Class C
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]

References[edit]

  1. ^ Second Federal Reserve District Banking Markets
  2. ^ "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. 
  3. ^ "FAQS:Federal Reserve Banks". Federal Reserve Bank of Richmond. Retrieved 2009-02-24. 
  4. ^ New England Public Policy Center
  5. ^ a b "Directors of Federal Reserve Banks and Branches". The Federal Reserve. Dec 8, 2013. 

External links[edit]

Coordinates: 42°21′10″N 71°03′14″W / 42.35268°N 71.05382°W / 42.35268; -71.05382