About Us

We are one of 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. As the central bank of the nation, we work to ensure the strength and integrity of the U.S. economy and financial system.

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Our Focus

The Fed’s mission is to create the conditions that generate jobs, promote price stability, and foster economic growth. At the Philadelphia Fed, we help shape the nation’s monetary policy, supervise and regulate financial institutions, support the safe and efficient operation of the U.S. payments and financial system, and promote fair and impartial access to credit and inclusive growth.

Our Principles

At the Philadelphia Fed, we are committed to diversity and inclusion in terms of race, ethnicity, sexual orientation, socioeconomic status, age, religious and political beliefs, and other attributes that differentiate individuals. We promote these standards among our workforce, our suppliers, and in the Third District.

The Third District

  • Home to over 13.3 million people in Delaware, southern New Jersey, and eastern and central Pennsylvania. That's 4.6% of the country's population in just 1% of the country's land.
  • The three states combined have nearly the same employment shares as 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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Annual Report

In our 2019 Annual Report, we look at how the Philadelphia Fed engages in two-way conversations to advance thinking on important issues, listen to concerns and insights from our constituents, and strengthen communities. This work laid the foundation for our efforts to support the economic recovery from COVID-19. The report also includes letters from President Patrick T. Harker and First Vice President James D. Narron and the financial statements.

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.