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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 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.
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
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 Renaissance Revival building was constructed in 1922 as the Federal Reserve Bank of Boston. [1] It was designed by R. Clipston Sturgis, based on the Palazzo della Cancelleria, in Rome, with its granite exterior, life-size equestrian statues, and painted dome ceiling. It was expanded in 1953 and designated a Boston Landmark in 1978.
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.