February 26, 2015 8:38 PM ET


Company Overview of Federal Reserve Bank of Boston Inc.

Company Overview

Federal Reserve Bank of Boston Inc. provides financial services to banks and the federal government in the United States. Its activities include processing bank and bank holding company applications; conducting off-site surveillance of First District companies; conducting commercial bank examinations and bank holding company inspections to evaluate the safety and soundness of banking organization's operations; providing quantitative research and analysis in support of supervisory policy initiatives; and maintaining information on banks and other institutions. The company also provides various products and services that include account services, national FedCash services, national check servi...

600 Atlantic Avenue

Boston, MA 02210-2204

United States

Founded in 1914





Key Executives for Federal Reserve Bank of Boston Inc.

Chief Executive Officer and President
Age: 57
Chief Financial Officer and Vice President
Chief Operating Officer and First Vice President
Age: 55
Senior Vice President and General Counsel
Executive Vice President and Senior Policy Advisor
Compensation as of Fiscal Year 2014.

Federal Reserve Bank of Boston Inc. Key Developments

Federal Reserve Bank of Boston Appoints Two Senior Officers

Federal Reserve Bank of Boston has announced the appointment of two senior vice presidents: Prabal Chakrabarti, Senior Vice President and Community Affairs Officer in the Regional and Community Outreach area, and Christopher Haley, Senior Vice President for Large Bank Supervision in the Supervision, Regulation, and Credit area. Prabal Chakrabarti has been a key contributor to the work of the Regional and Community Outreach department since joining the Bank in 2006. Christopher Haley serves as the officer responsible for the Bank's Large Bank Supervision program.

Federal Reserve Bank Of Boston Inc. Plans to Cut 15% of Workforce

Federal Reserve Bank Of Boston Inc. is cutting nearly 15% of local employees from the bank's treasury services unit. The bank said about the approximately 160 staff reductions. The cutbacks are part of a consolidation effort intended to improve efficiency and manage costs more effectively, and will save taxpayers about $117 million over 10 years.

Federal Reserve Board Announces the Designation of the Chair and Deputy Chair for Boston for 2014

The Federal Reserve Board announced the designation of the chairs and deputy chairs of the 12 Federal Reserve Banks for 2014. For Boston: William D. Nordhaus, Sterling Professor of Economics, Yale University, named Chair. John F. Fish, Chairman and Chief Executive Officer, Suffolk Construction Company Inc., named Deputy Chair.

Similar Private Companies By Industry

Company Name Region
Haskell National Bank United States
State Bank of Wheaton United States
Citizens State Bank (Birchwood,WI) United States
Wells Fargo Capital XIX United States
Ericson State Bank United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Federal Reserve Bank of Boston Inc., please visit www.bostonfed.org. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.