Federal Reserve Bank of Boston
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This article is under the building's alternate name. For a complete article, please see Federal Reserve Bank Building (Boston)
| Federal Reserve Bank of Boston | |
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The front of the Federal Reserve Bank tower located in the Financial District, Boston, Massachusetts. The Federal Reserve Bank is a Cantilever High-rise. |
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| General information | |
| Location | 600 Atlantic Avenue, Boston, Massachusetts, United States |
| Status | Complete |
| Constructed | 1976 |
| Use | Office |
| Height | |
| Roof | 604 ft (184 m) |
| Technical details | |
| Floor count | 33 |
| Companies involved | |
| Architect(s) | Hugh Stubbins & Associates |
The Federal Reserve Bank of Boston, commonly known as the Boston Fed, is responsible for the First District of the Federal Reserve, which covers Connecticut (excluding Fairfield County), Massachusetts, Maine, New Hampshire, Rhode Island and Vermont.[1][2] It is headquartered in the Federal Reserve Bank Building in Boston, Massachusetts. Its code is A1, meaning that dollar bills from it will have the letter A on them. Its current president is Eric S. Rosengren, who replaced Cathy E. Minehan in July 2007.
As part of the nation's central bank, the Federal Reserve Bank of Boston promotes sound growth and financial stability in New England and the nation. The Bank contributes to local communities, the region, and the nation through its high-quality research, regulatory oversight, and financial services, and through its commitment to leadership and innovation.
The Boston Fed is in a distinctive 604-foot (184 m) tall, 33-story building, located at 600 Atlantic Avenue in Boston. The building, designed by architecture firm Hugh Stubbins & Associates, is suspended between two towers on either side.
The Boston Fed also has an office in Windsor Locks, Connecticut that is responsible for clearing checks. The Boston Fed also includes the New England Public Policy Center.
Contents |
[edit] Boston Board of Directors
The following people are on the board of directors as of 2009:[3]
[edit] Class A
| Name | Title | Term Expires |
|---|---|---|
| David A. Lentini | Chairman, President and Chief Executive Officer
The Connecticut Bank and Trust Company Hartford, Connecticut |
2009 |
| James C. Smith | Chairman and Chief Executive Officer
Webster Bank, N.A. Waterbury, Connecticut |
2010 |
| Kathryn G. Underwood | President and Chief Executive Officer
Ledyard National Bank Hanover, New Hampshire |
2011 |
[edit] Class B
| Name | Title | Term Expires |
|---|---|---|
| Stuart H. Reese | Chairman, President and Chief Executive Officer
MassMutual Financial Group Springfield, Massachusetts |
2009 |
| Robert K. Kraft | Chairman and Chief Executive Officer
The Kraft Group Foxborough, Massachusetts |
2010 |
| Michael T. Wedge | Former President and Chief Executive Officer
BJ's Wholesale Club, Inc. Natick, Massachusetts |
2011 |
[edit] Class C
| Name | Title | Term Expires |
|---|---|---|
| Lisa M. Lynch
(Chair) |
Dean and Professor of Economics
The Heller School for Social Policy and Management Brandeis University Waltham, Massachusetts |
2009 |
| Kirk A. Sykes | President
Urban Strategy America Fund, L.P. Boston, Massachusetts |
2010 |
| Henri A. Termeer
(Deputy Chair) |
Chairman, President and Chief Executive Officer
Genzyme Corporation Cambridge, Massachusetts |
2011 |
All terms expire on December 31.[3]
[edit] Image Gallery
[edit] See also
[edit] References
- ^ "Eric S. Rosengren:President Federal Reserve Bank of Boston". Federal Reserve Bank Presidents. Board of Governors of the Federal Reserve System. January 28, 2009. http://www.federalreserve.gov/aboutthefed/bios/banks/pres01.htm. Retrieved 2009-02-24.
- ^ "FAQS:Federal Reserve Banks". Federal Reserve Bank of Richmond. http://www.richmondfed.org/faqs/frb/. Retrieved 2009-02-24.
- ^ a b "Directors of Federal Reserve Banks and Branches". The Federal Reserve. The Federal Reserve Board. February 5, 2009. http://www.federalreserve.gov/GeneralInfo/ListDirectors/default.cfm?WhichDistrict=13. Retrieved 2009-02-19.
[edit] External links
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