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A principal function of Federal Reserve Banks is the extension of credit to depository institutions to accommodate commerce, industry, and agriculture. While open market operations are the primary means of affecting the overall supply of reserves, the lending function of the Federal Reserve Banks is an effective method of supplying reserves to meet the particular credit needs of individual depository institutions. The Federal Reserve System conducts its lending functions with due regard to the basic objectives of monetary policy and the maintenance of a sound and orderly financial system.
Gail Todd, Assistant Vice President and Credit Officer
(215) 574-3886
Bill Murphy, Specialist
1-800-372-2011
Deborah Caldwell
Financial Analyst
1-800-372-2011
1-800-372-2011