As the Federal Reserve Bank of Philadelphia, we oversee holding companies and state-chartered member banks throughout the Third Federal Reserve District. We promote safety and soundness, ensure customers are treated fairly, and serve as a center of knowledge and resources for our District.
Credit Risk Management includes the Discount Window, Collateral, Payment System Risk, Condition Monitoring, and Reserves. Our primary objectives include providing a backup funding source for maintaining a stable monetary system and using accounting and other controls to mitigate risk to our Bank.
For questions related to credit, contact us between 8:00 a.m.–6:30 p.m. ET at (800) 372-2011.