Learn more about who we are and what we do.
As part of the nation's central bank, we're one of 12 regional Reserve Banks that work together with the Federal Reserve's Board of Governors to strengthen the economy and our communities.
We manage the nation's money supply to keep inflation low and help the economy grow. We also supervise and regulate financial institutions to help safeguard our nation's financial system and protect the integrity and efficiency of our payments system.
The Federal Reserve System was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law. By November 16, 1914, the 12 regional Reserve Banks, including Richmond, were open for business. Learn more about the Fed Centennial.
In our continued effort to provide greater transparency and be more accountable to the American people, we are making public certain information about our leadership, policies and governance. Our goal in providing this information is to help broaden the public's understanding of the role and responsibilities of the Richmond Fed.
The Richmond Fed offers a broad and unparalleled range of career possibilities for those with the education, talents and drive to help us achieve our vision. Explore current career opportunities for experienced professionals, recent graduates and student interns. Search our open positions and create an account to apply online.
In addition to the Richmond, Va., headquarters, branch offices are located in Baltimore, Md., and Charlotte, N.C.
The Bank's procurement functions strive to deliver premier procurement services that improve value, reduce cost and meet the rapidly evolving needs of our business and customers. We believe a diverse pool of high-performing suppliers leads to increased competition, greater innovation and better overall solutions.
The Richmond Fed is the region's connection to the nation's Central Bank.
Twelve regional Banks located in major cities throughout the nation, which divide the nation into 12 districts, acting as fiscal agents for the U.S. Treasury.