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February 11, 2016 8:29 AM ET

Banks

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

Phone:

617-973-3000

Fax:

617-619-8501

Key Executives for Federal Reserve Bank of Boston Inc.

Chief Executive Officer and President
Age: 58
Chief Operating Officer and First Vice President
Age: 56
Chief Information Officer and Senior Vice President
Senior Vice President and General Counsel
Executive Vice President and Senior Policy Advisor
Compensation as of Fiscal Year 2015.

Federal Reserve Bank of Boston Inc. Key Developments

Federal Reserve Bank of Boston Inc. Announces Executive Appointments

The Federal Reserve Bank of Boston announced the appointment of Dr. Christina Hull Paxson and Dr. Phillip L. Clay to its board of directors. Christina Hull Paxson, Ph.D., a Class B Director, is president of Brown University and Professor of Economics and Public Policy. Prior to her appointment as president in 2012, she was dean of the Woodrow Wilson School of International and Public Affairs and the Hughes Rogers Professor of Economics and Public Affairs at Princeton University. Phillip L. Clay, Ph.D., a Class C Director, served as chancellor of the Massachusetts Institute of Technology from 2001 to 2011. Dr. Clay also held other leadership positions at MIT and was department head at the Department of Urban Studies and Planning where he has been a faculty member since 1976. He is chair of the board of The Community Builders Inc., and serves on the board of trustees of the Kresge Foundation. Clay is also a trustee of the Aga Khan University in Pakistan.

John Fish to Chair Federal Reserve Bank of Boston

The Federal Reserve Board announced that John Fish, chairman and CEO of Suffolk Construction Co. Inc. will chair the Federal Reserve Bank of Boston.

Federal Reserve Bank of Boston Appoints Jon Colvin as Senior Vice President, Effective June 1, 2015

The Federal Reserve Bank of Boston announced the appointment of Jon Colvin to Senior Vice President and General Auditor, effective June 1, 2015, replacing the retiring Roland Marx. Since 2007, Colvin has served as the Boston Fed's Vice President and Chief Financial Officer, overseeing the organization's accounting, financial planning, financial reporting, budgeting, forecasting, and procurement.

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