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).
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[edit]

The following people serve on the board of directors as of 2015:[5] All terms expire December 31.[5]

Class A[edit]

Class A
Name Title Term Expires
Peter L. Judkins President and Chief Executive Officer
Franklin Savings Bank
Farmington, Maine
Joseph L. Hooley Chairman and Chief Executive Officer
State Street Corporation
Boston, Massachusetts
Michael E. Tucker President and Chief Executive Officer
Greenfield Co-operative Bank
Greenfield, Massachusetts

Class B[edit]

Class B
Name Title Term Expires
Roger S. Berkowitz President and Chief Executive Officer
Legal Sea Foods, LLC
Boston, Massachusetts
Laura J. Sen President and Chief Executive Officer
BJ's Wholesale Club, Inc.
Westborough, Massachusetts
Gary L. Gottlieb Chief Executive Officer
Partners In Health
Boston, Massachusetts

Class C[edit]

Class C
Name Title Term Expires
Catherine D'Amato President and Chief Executive Officer
The Greater Boston Food Bank
Boston, Massachusetts
John F. Fish

(Deputy Chair)

Chairman and Chief Executive Officer
Suffolk Construction Company, Inc.
Boston, Massachusetts
William D. Nordhaus


Sterling Professor of Economics
Yale University
New Haven, Connecticut

Image gallery[edit]

See also[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