Federal Reserve Bank of New York

The Federal Reserve Bank of New York, established in 1914, serves as part of the U.S. central banking system, implementing monetary policy, supervising and regulating financial institutions, and helping maintain the nation's payment systems. Located in New York City, it operates within the Second District of the Federal Reserve System, which includes New York state, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands. Its mission is to uphold a safe, robust, and inclusive economy through optimal employment rates, stable prices, and well-established financial stability.