The Federal Reserve System is the Central Bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded. Today the Federal Reserve's duties fall into four general areas: Conducting the nation's monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices and moderate long-term interest rates. Supervising and regulating banking institutions to ensure the safety and soundness of the nation's banking and financial system and to protect the credit rights of consumers. Maintaining the stability of the financial system and containing systemic risk that may arise in financial markets. Providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation's payments system.
View Top Employees from Federal Reserve BoardWebsite | http://www.federalreserve.gov |
Revenue | $107.8 billion |
Employees | 2,814 (2,615 on RocketReach) |
Founded | 1913 |
Address | 20th and, Washington, District of Columbia 20005, US |
Phone | (202) 452-3000 |
Technologies |
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Industry | Banking, Finance, Finance General, Financial Services, Lending and Investments, Sharing Economy |
Web Rank | 60024 |
Web Visits | 1 Million |
Keywords | Monetary Policy, Financial Stability, Economic Growth, Price Comparison, Consumer Protection, Financial Services |
Competitors | NCUA, Office of the Comptroller of the Currency, Santander Bank, N.A., U.S. Department of the Treasury, Zenith Bank Plc |
SIC | SIC Code 93 Companies, SIC Code 931 Companies |
NAICS | NAICS Code 921 Companies, NAICS Code 9211 Companies, NAICS Code 92 Companies, NAICS Code 92113 Companies |
Looking for a particular Federal Reserve Board employee's phone or email?
The Federal Reserve Board annual revenue was $107.8 billion in 2024.
Pat McClanahan is the COO of Federal Reserve Board.
2,615 people are employed at Federal Reserve Board.
Federal Reserve Board is based in Washington, District of Columbia.
The NAICS codes for Federal Reserve Board are [921, 9211, 92, 92113].
The SIC codes for Federal Reserve Board are [93, 931].