Federal Reserve Bank of New York

The Federal Reserve Bank of New York operates within the Federal Reserve System to foster the safety, soundness, and vitality of economic and financial systems. It achieves this through critical functions including monetary policy implementation, supervision and regulation of depository institutions, international operations, and financial services for the Second Federal Reserve District, which covers New York State, parts of New Jersey and Connecticut, Puerto Rico, and the U.S. Virgin Islands. Despite its geographically defined oversight, the New York Fed is the largest Reserve Bank by assets and activity, driven by its talented and innovative team in a collaborative and inclusive culture.