Community Development

To support the growth of an inclusive economy, we work with low- and moderate-income communities to increase access to credit, quality jobs, education, and housing. We also help financial institutions understand their responsibilities under the Community Reinvestment Act.

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U.S. Bank Branch Closures and Banking Deserts

This report examines banking deserts — neighborhoods with no bank branches nearby — and potential banking deserts across the United States since the onset of the COVID-19 pandemic.

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Banking Deserts Dashboard

This dashboard published by Fed Communities provides a view of banking deserts — areas with no bank branches nearby — and potential banking deserts in communities across the United States.

Community Profiles

The Community Development and Regional Outreach Department has compiled information on each region within the Third Federal Reserve District and has developed a suite of materials that the department calls community profiles.


State Anchor Economy Impacts

How do hospitals and higher education institutions impact your state’s economy? State-level measures of anchor institution impacts are now available for 2019 and 2004 in all 50 states and the District of Columbia.





People, Possibilities, Practice: Designing a Better Future for Workers

3:00 p.m.–5:00 p.m. ET

Federal Reserve Bank of Philadelphia

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Community Development and Regional Outreach Visiting Scholars

Academics, experts, and thinkers with focus areas aligned with the Community Development and Regional Outreach department are key collaborators as participants in the Visiting Scholars Program.

“We're Looking for a Place Where We Belong”: What We Learned from Talking to Workers

As we think of ways to build the strong economy of tomorrow, we cannot afford to leave workers without a four-year degree, and their enormous potential, on the sidelines.