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Current Federal Reserve Bank of Boston president is Susan Collins, who is the first Black woman and the first woman of color to lead any of the 12 regional Federal bank branches. [ 6 ] It has been headquartered since 1977 in the distinctive 614-foot (187 m) tall, 32-story Federal Reserve Bank Building at 600 Atlantic Avenue , Boston .
There are 24 Federal Reserve branches. There were 25 branches but in October 2008 the Federal Reserve Bank of New York Buffalo Branch was closed. List of Federal Reserve branches [ 1 ] [ 2 ]
The Federal Reserve Bank of New York holds special status in the system. The Federal Reserve officially identifies Districts by number and Reserve Bank city. [25] 1st District (A): Federal Reserve Bank of Boston; 2nd District (B): Federal Reserve Bank of New York; 3rd District (C): Federal Reserve Bank of Philadelphia
Federal Reserve Bank Building may refer to: ... (Boston, Massachusetts) Federal Reserve Bank of Chicago Detroit Branch Building, Detroit, Michigan; 925 Grand, ...
The building under construction in 1974. Built for the Federal Reserve Bank of Boston to replace the 1922 building which now houses the Langham Hotel Boston, [1] the building was completed in 1977 and is 614 feet (187 m) tall with 32 floors.
Susan M. Collins (born 1958/1959) [1] is an American economist who has served as the 14th president and CEO of the Federal Reserve Bank of Boston since July 1, 2022. She is the first African American woman and first woman of color to lead any of the 12 regional Federal Reserve Banks . [ 2 ]
The remaining stories are offices, home to a number of law firms, Certified Public Accountants, and financial services companies. The building is located on a historic 1.23-acre (5,000 m 2) triangular piece of land next to South Station and the Federal Reserve Bank Building, joining the Fort Point Channel area with Boston's Financial District.
The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States .