Who We Are and What We Do

Who We Are and What We Do

Each day, Americans make financial decisions that have an impact on their lives: what to buy, how to pay for it and whether to save or borrow money. Businesses make decisions about whether to invest in new equipment or buildings, or to hire more employees. The Fed’s actions affect the economic environment in which individuals and businesses make these decisions.

At the Richmond Fed, we serve the public and communities across the Federal Reserve’s Fifth District —  the Carolinas, Maryland, Virginia, West Virginia and the District of Columbia. Our mission is to foster economic stability and strength. We monitor local economic conditions within our District and share these local perspectives and information with our nation’s monetary and financial policymakers.

We’re one of 12 Reserve Banks working together to help the economy grow to its potential by promoting stable prices, low unemployment and moderate interest rates.

Contact Us
photo of Richmond Fed employees

Find out more about what's to love at the Richmond Fed!

Federal Reserve History web-site

Want to know more? Visit the Federal Reserve History Gateway.