Federal Reserve Bank of Boston

Federal Reserve Bank Of Boston

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Federal Reserve Bank of Boston

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Description:
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.The Boston Fed is in a distinctive 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 .

Current Board of Directors

The following people serve on the board of directors as of 2011:

Class A



Class B



Class C



History:

On December 23, 1913, the Federal Reserve Act became law, and within a year the 12 Federal Reserve Banks were open for business. The Boston Fed, along with the other 11 Federal Reserve Banks nationwide and the Board of Governors in Washington, D.C., make up our nation's central bank. The Boston Fed serves the First Federal Reserve District...
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