Federal Reserve Bank of Philadelphia
The Federal Reserve Bank of Philadelphia is one of the twelve regional Reserve Banks that, together with the Board of Governors, form the Federal Reserve System
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Company facts
- Founded
- 1914
- Employees
- 1,000
- Headquarters
- United States
- Type
- Government
About
The Federal Reserve Bank of Philadelphia is one of the twelve regional Reserve Banks that, together with the Board of Governors, form the Federal Reserve System. Serving eastern Pennsylvania, southern New Jersey, and Delaware, the bank plays a pivotal role in formulating and implementing U.S. monetary policy, conducting economic research, supervising banks and bank holding companies, and delivering essential financial services to depository institutions and the federal government.