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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.
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 Federal Reserve Bank Building is the seventh tallest building in Boston, Massachusetts. It is located at Dewey Square , on the convergence of Fort Point and the Financial District neighborhoods.
A new face is coming to the Federal Reserve’s top brass, as the central bank’s outpost in Boston announced that economist Susan Collins will be taking on the top job as president.
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
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From 1991 to 1994 Minehan was the First Vice President of the Federal Reserve Bank of Boston, one of 12 regional Reserve Banks that together with the Board of Governors in Washington D.C. form the Federal Reserve System, [5] which charts "the nation's monetary policy and ensures smooth operation of the banking system."