About Us

2008

 

October 21, 2008

Federal Reserve Actions

Federal Reserve announces results of auction of $150 billion in 28-day credit held on October 20, 2008


The Richmond Fed serves the Fifth Federal Reserve District, which includes the District of Columbia, Maryland, North Carolina, South Carolina, Virginia and most of West Virginia. 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.

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Contact Us

Richmond

Jim Strader
(804) 697-8956
(804) 332-0207 (mobile)