This article is under the building's alternate name. For a complete article, please see Federal Reserve Bank Building (Boston)
The Federal Reserve Bank of Boston, commonly known as the Boston Fed, is responsible for the First District of the Federal Reserve, which covers Connecticut (excluding Fairfield County), Massachusetts, Maine, New Hampshire, Rhode Island and Vermont.[1][2] It is headquartered in the Federal Reserve Bank Building in Boston, Massachusetts. Its code is A1, meaning that dollar bills from it will have the letter A on them. Its current president is Eric S. Rosengren, who replaced Cathy E. Minehan in July 2007.
As part of the nation's central bank, the Federal Reserve Bank of Boston promotes sound growth and financial stability in New England and the nation. The Bank contributes to local communities, the region, and the nation through its high-quality research, regulatory oversight, and financial services, and through its commitment to leadership and innovation.
The Boston Fed is in a distinctive 604-foot (184 m) tall, 33-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 has an office in Windsor Locks, Connecticut that is responsible for clearing checks. The Boston Fed also includes the New England Public Policy Center.
[edit] Boston Board of Directors
The following people are on the board of directors as of 2009:[3]
[edit] Class A
Class A | Name | Title | Term Expires |
| David A. Lentini | Chairman, President and Chief Executive Officer The Connecticut Bank and Trust Company Hartford, Connecticut | 2009 |
| James C. Smith | Chairman and Chief Executive Officer Webster Bank, N.A. Waterbury, Connecticut | 2010 |
| Kathryn G. Underwood | President and Chief Executive Officer Ledyard National Bank Hanover, New Hampshire | 2011 |
[edit] Class B
Class B | Name | Title | Term Expires |
| Stuart H. Reese | Chairman, President and Chief Executive Officer MassMutual Financial Group Springfield, Massachusetts | 2009 |
| Robert K. Kraft | Chairman and Chief Executive Officer The Kraft Group Foxborough, Massachusetts | 2010 |
| Michael T. Wedge | Former President and Chief Executive Officer BJ's Wholesale Club, Inc. Natick, Massachusetts | 2011 |
[edit] Class C
Class C | Name | Title | Term Expires |
| Lisa M. Lynch (Chair) | Dean and Professor of Economics The Heller School for Social Policy and Management Brandeis University Waltham, Massachusetts | 2009 |
| Kirk A. Sykes | President Urban Strategy America Fund, L.P. Boston, Massachusetts | 2010 |
| Henri A. Termeer (Deputy Chair) | Chairman, President and Chief Executive Officer Genzyme Corporation Cambridge, Massachusetts | 2011 |
All terms expire on December 31.[3]
[edit] Image Gallery
| | The Federal Reserve building in Boston (tall white building on left, plus white lowrise in front of tower), and other buildings as seen from the south side of the Fort Point Channel. The Summer Street bridge is at the far left, and the Congress Street bridge on the right. | The Federal Reserve Bank's position to the rest of the Financial District of Boston. | The parking lot security methods installed for the Federal Reserve Bank of Boston. |
The Federal Reserve Bank of Boston building viewed from the back. | The Federal Reserve Bank of Boston viewed from the side at street level. The entire building is covered with a matte aluminum paneling. | The Federal Reserve Bank of Boston building front entrance. | The Federal Reserve Building of Boston viewed from the side. |
The Federal Reserve Bank of Boston tower near the South Boston financial district. | The Federal Reserve Bank Building in Downtown Boston. |
[edit] See also
[edit] References
[edit] External links
