Federal Reserve Bank of Boston

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), Massachusetts, Maine, New Hampshire, Rhode Island and Vermont. It is headquartered in the Federal Reserve Bank Building in Boston, Massachusetts. 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.

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. —Federal Reserve Bank of Boston

The Boston Fed is in a distinctive 614-foot (187 m) tall, 32-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 includes the New England Public Policy Center.

Read more about Federal Reserve Bank Of Boston:  Current Board of Directors, Image Gallery

Famous quotes containing the words federal, reserve, bank and/or boston:

    “I am willing to pledge myself that if the time should ever come that the voluntary agencies of the country together with the local and state governments are unable to find resources with which to prevent hunger and suffering ... I will ask the aid of every resource of the Federal Government.... I have the faith in the American people that such a day will not come.”
    —Herbert Hoover (1874–1964)

    “Her face had the seamed reserve of the old in this country [Japan]. It was a neighborhood poignantly rich in old ladies.”
    —Angela Carter (1940–1992)

    “A self is, by its very essence, a being with a past. One must look lengthwise backwards in the stream of time in order to see the self, or its shadow, now moving with the stream, now eddying in the currents from bank to bank of its channel, and now strenuously straining onwards in the pursuit of its chosen good.”
    —Josiah Royce (1855–1916)

    “In Boston they ask, “How much does he know?” In New York, “How much is he worth?” In Philadelphia, “Who were his parents?””
    —Mark Twain [Samuel Langhorne Clemens] (1835–1910)