Federal Reserve Bank of Richmond

The Federal Reserve Bank of Richmond is one of twelve independent regional Reserve Banks headquartered in Richmond, Virginia. The organization employs 2,103 people and generates $22 million in annual revenue. The Federal Reserve Bank of Richmond serves the public and communities in the Fifth District, comprising the Carolinas, Maryland, Virginia, West Virginia, and Washington, D.C. They work to promote stable prices, employment, and moderate interest rates. The bank also focuses on ensuring the safety and soundness of the financial system, providing secure payment systems, and educating teachers and students about the economy. The Federal Reserve Bank of Richmond actively engages with community and business leaders to gain insights into local economic conditions and address economic issues affecting low-income communities. For more information, visit richmondfed.org, or connect on Facebook (federalreservebankofrichmond), Twitter (@richmondfed), Instagram (@richmondfed), or YouTube (richmondfed).