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About Us

The Federal Reserve System includes 12 independent regional Reserve Banks located across the U.S. and the Federal Reserve Board of Governors in Washington, D.C. The Philadelphia Fed is the home of the Federal Reserve’s Third District, serving Delaware, southern New Jersey, and eastern and central Pennsylvania.

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Our Focus

We are the nation’s central bank, committed to a sound financial system and a strong, healthy economy. We foster the stability, integrity, and efficiency of our nation’s monetary, financial, and payments systems. We create conditions that generate jobs, promote price stability, and promote inclusive economic growth, and fair and impartial credit access.

Our Principles

At the Philadelphia Fed, we strive to create a community where everyone feels a sense of belonging. We believe that economic inclusion in the Third District and the nation is vital to the Fed’s mission to encourage maximum employment and financial stability. The Philadelphia Fed and the economy work better when all voices are heard.

The Third District

  • Home to over 13.3 million people in Delaware, southern New Jersey, and eastern and central Pennsylvania. That's 4.6 percent of the country's population in just 1 percent of the country's land.
  • The three states combined have nearly the same employment shares as the overall U.S. in the trade, transportation, and utilities sectors and the professional and business services sectors.
  • The District has slightly higher employment in the education and health services sectors than that of the nation.

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Aerial view of Lewes, Delaware

Annual Report 2024

In our 2024 Annual Report, we look back on some of our key research and outreach initiatives from the year. As part of a special video message, President Patrick T. Harker reflects on some of the Philadelphia Fed’s accomplishments and milestones, and First Vice President Jeanne R. Rentezelas writes about our commitment to serving the Third District.

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Request a Speaker

The Bank offers a variety of expert speakers on a range of topics related to our work. You can request an appearance by a Bank employee by completing our request form with information about your upcoming event.