home >

About Us

Richmond skyline

Each day you make financial decisions that impact your quality of life — like what to buy, how to pay for it and whether to save or borrow money. Businesses make decisions too, like whether to invest in new equipment or buildings, or hire more employees. The Federal Reserve's actions affect these decisions, your financial well-being and our economy.

group photo of Richmond Fed employees

The Federal Reserve is a “decentralized” central bank, with a government component — the Board of Governors in Washington, D.C. — and 12 independent regional Reserve Banks spread across the country, including the Richmond Fed. Together, we’re working to support a healthy economy.
 

We're more than 2,700 people strong — working in many different areas. Our Bank is led by our Management Committee, which consists of senior executives from key business areas from across the Bank. We’re overseen by a nine-member Board of Directors, who bring diverse perspectives and provide ground-level information about local economic conditions.

Board of Governors

Our job is to serve the American public — to serve you. And, our mission is to foster economic stability and strength. At the Richmond Fed, we’re working to help you be more confident in your financial decisions and in our nation’s economic and financial systems. We do this by promoting stable prices, employment and moderate long-term interest rates; working to ensure a safe and sound financial system; and connecting with our communities and business leaders across our District.

magnifying_glass

Explore our career opportunities! Our employees represent a wide range of fields, including finance and accounting, information technology, economics, engineering, bank supervision and regulation, human resources, law enforcement and more.

Richmond Fed Building

Along with the other Reserve Banks, we help carry out the Fed's day-to-day operations and are governed by our own Board of Directors. We are also subject to general supervision by the Board of Governors, which provides additional oversight and accountability through a set of checks and balances. And we learn insights into various issues facing our communities through advisory councils and industry roundtables.

The Fed provides a wealth of information to the public through regular reporting, reviews and communications, including detailed financial statements for each Reserve Bank. This transparency and accountability is important as part of our public service responsibility.

Richmond Fed 1914

The Richmond Fed opened its doors in 1914. Learn more about our Bank's history through a new collection of photos, videos, oral histories and articles.

Baltimore Branch

We are headquartered in Richmond, Virginia, with offices in Charlotte, North Carolina, and Baltimore, Maryland.

If you’re in Richmond, come visit The Fed Experience — our interactive exhibit about the economy. It’s welcomed more than 42,000 students and visitors! We’re open Monday through Friday, except on Bank holidays

Advance registration is required. For more information, call (804) 697-8110 or visit thefedexperience.org.

circuit board

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.

Contact Us

Corporate Communications
(804) 697-8000

Microphone

Want to learn more about the Richmond Fed? We offer a wide range of speakers on a variety of economic and educational topics.

Federal Reserve System
Federal Reserve System

We’re one of 12 regional Reserve Banks working together with the Board of Governors to support a healthy economy.