Federal Reserve Bank of Richmond

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Federal Reserve Bank of Richmond
Fifth District of the Federal Reserve

The Federal Reserve Bank of Richmond is the headquarters of the Fifth District of the Federal Reserve located in Richmond, Virginia. It covers the District of Columbia, Maryland, Virginia, North Carolina, South Carolina and most of West Virginia (all state, except for the Northern Panhandle). Branch offices are located in Baltimore, Maryland and Charlotte, North Carolina. Currently, the president is Jeffrey M. Lacker. The former president, J. Alfred Broaddus, retired in 2004.


The Federal Reserve Bank of Richmond has an aluminum facade and is one of the tallest buildings in the state. 49% of the building's total floor area is located underground. The Federal Reserve Bank of Richmond was designed by Minoru Yamasaki who also designed the World Trade Center twin towers.[1] The building was completed in 1975.


The Federal Reserve Bank of Richmond is the third-largest Federal Reserve Bank by assets held, after New York and San Francisco, as of April 2015.[2]


Current Board of Directors[edit]

The following people serve on the board of directors as of 2013:[3] All terms expire December 31.[3]

Class A[edit]

Class A
Name Title Term Expires
Alan L. Brill President and Chief Executive Officer
Capon Valley Bank
Wardensville, West Virginia
Edward L. Willingham, IV President
First Citizens BancShares, Inc. and First Citizens Bank
Raleigh, North Carolina
Brad E. Schwartz Chief Executive Officer
Monarch Bank and Monarch Financial Holdings, Inc.
Chesapeake, Virginia

Class B[edit]

Class B
Name Title Term Expires
Patrick C. Graney, III Maxum East Regional President
Maxum Petroleum
Belle, West Virginia
Marshall O. Larsen Chairman, President, and Chief Executive Officer
Goodrich Corporation
Charlotte, North Carolina
Wilbur E. Johnson Managing Partner
Young Clement Rivers, LLP
Charleston, South Carolina

Class C[edit]

Class C
Name Title Term Expires
Margaret G. Lewis President
HCA Capital Division
Richmond, Virginia
Linda D. Rabbitt


Chairman and Chief Executive Officer
Rand Construction Corporation
Washington, D.C.
Russell C. Lindner

(Deputy Chair)

Chairman and Chief Executive Officer
The Forge Company
Washington, D.C.

See also[edit]


External links[edit]

Coordinates: 37°32′08″N 77°26′26″W / 37.535639°N 77.440645°W / 37.535639; -77.440645