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September 05, 2015 7:43 AM ET

Diversified Financial Services

Company Overview of Federal Reserve Bank of Philadelphia, Inc.

Company Overview

Federal Reserve Bank of Philadelphia, Inc. provides central banking services in Pennsylvania, southern New Jersey, and Delaware. It helps formulating and implementing monetary policies; supervises banks, and bank and savings and loan holding companies; provides financial services to depository institutions and the federal government; performs services for the U.S. Treasury; and supports an effective payments system. The company was founded in 1914 and is based in Philadelphia, Pennsylvania.

Ten Independence Mall

Philadelphia, PA 19106-1574

United States

Founded in 1914





Key Executives for Federal Reserve Bank of Philadelphia, Inc.

Chief Executive Officer, President and Director
Age: 56
Founder and Chairman
Age: 63
Vice Chairman and Chief Financial Officer
Age: 50
Chief Operating Officer and First Vice President
Chief Information Officer and Senior Vice President
Compensation as of Fiscal Year 2015.

Federal Reserve Bank of Philadelphia, Inc. Key Developments

Blake Prichard Plans to Retire as Vice President and Chief Operating Officer of the Federal Reserve Bank of Philadelphia

Blake Prichard, first vice president and chief operating officer of the Federal Reserve Bank of Philadelphia, has announced his plans to retire on February 29, 2016.

Federal Reserve Bank of Philadelphia Announces Executive Promotions

The Federal Reserve Bank of Philadelphia has announced the promotions of Stephen G. Hart to vice president in the Human Resources Department and Keith Morales to vice president and information security officer in the Information Technology Services Department. Hart joined the Bank in 1985 as a marketing analyst and served in the Business Development Department for sixteen years. As vice president, Hart will continue to lead talent management; staffing and recruiting; diversity and inclusion initiatives; and Human Resources Information Systems, a function within Human Resources that involves data collection and warehousing employee information. In addition to his work at the Bank, Hart serves as president of the Pennsylvania/Delaware/New Jersey Distance Learning Association and is a member of the Society for Human Resource Management. Morales was promoted to information security officer in the Bank's Information Technology Services Department in 2010. He oversees the Bank's information technology and information security functions. Since joining the Bank in 1992, he has led projects that resolved business challenges and made significant contributions to the cybersecurity of the Bank and the Federal Reserve System.

Federal Reserve Bank of Philadelphia, Inc. Appoints Patricia A. Wilson as Vice President, Chief of Staff, and Corporate Secretary

The Federal Reserve Bank of Philadelphia has appointed Patricia A. Wilson as vice president, chief of staff, and corporate secretary. Wilson, who joined the Bank on July 1 and reports to President Patrick T. Harker, manages the Office of the President and its relationships and activities. Effective August 1, she also oversees the Office of the Secretary, which supports the Bank's board of directors and corporate correspondence. She will also support a range of Bank- and Federal Reserve System-wide initiatives.

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