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Annual Report

Board of Governors Releases 2018 Financial Statements

On Friday, March 22, 2019, the Board of Governors released the 2018 Financial Statements for the Federal Reserve Banks and the Board of Governors. You can find the 2018 statements on the Board’s website. External Link 

2018 Annual Report

In our 2018 Annual Report, we look at how the Philadelphia Fed is working to create relevant, in-depth research; ensure a safe and robust financial system; and promote fair and impartial access to credit. The report also includes a letter from President Patrick T. Harker, a conversation with First Vice President James D. Narron, and the financial statements.

2018 Annual Report

2018 Annual Report PDF