Overview
The Federal Reserve Bank of Boston is one of 12 banks in the Federal Reserve System that serves as the central bank of the United States. As a leader in financial regulation, monetary policy, and a pioneer of new payment strategies the Boston Fed uses cutting edge technology to achieve its goals and ensure a vibrant economy.As part of the central bank of the United States the Fed is tasked with ensuring the growth and stability of the global economy, and is called upon to respond to financial crises. In order to do this the Boston Fed has pioneered cutting edge payment methods, developed state of the art data security programs, and conducted extensive research to assist in policy directives from the Federal Government.With a great and growing commitment to diversity and community outreach, the Boston Fed continues to promote sound growth and financial stability in New England and throughout the nation. One of 12 regional banks in the Federal Reserve System , the Federal Reserve Bank of Boston oversees more than 100 banks and bank holding companies in six New England states including Connecticut (except Fairfield County), Massachusetts, Maine, New Hampshire, Rhode Island, and Vermont. It conducts examinations and investigations of member institutions, distributes money, issues savings bonds and Treasury securities, and assists the Fed in setting monetary policy. The bank also processes checks and acts as a clearinghouse for payments between banks. Federal Reserve Banks are not-for-profit and return most of their earnings (primarily from investments in government bonds) to the US Treasury . Try D&B Hoovers Free One of 12 regional banks in the Federal Reserve System , the Federal Reserve Bank of Boston oversees more than 100 banks and bank holding companies in six New England states including Connecticut (except Fairfield County), Massachusetts, Maine, New Hampshire, Rhode Island, and Vermont. It conducts examinations and investigations of member institutions, distributes money, issues savings bonds and Treasury securities, and assists the Fed in setting monetary policy. The bank also processes checks and acts as a clearinghouse for payments between banks. Federal Reserve Banks are not-for-profit and return most of their earnings (primarily from investments in government bonds) to the US Treasury .
