Addresses and General Numbers
St. Louis
- Main phone numbers:
314‑444‑8444
1‑800‑333‑0810
(toll‑free from an Eighth District state) - Inside the Economy® Museum:
314‑444‑7309 - Postal mailing address (USPS):
P.O. Box 442
St. Louis, MO 63166‑0442 - Shipping address (UPS, FedEx, etc.):
1421 Dr. Martin Luther King Drive
St. Louis, MO 63106‑3716 - Location (not for mail):
Broadway and Locust Street
St. Louis, MO 63102
Louisville Branch
- Main phone numbers:
502‑568‑9200
1‑800‑626‑4507 - Postal mailing address (USPS):
P.O. Box 442
St. Louis, MO 63166‑0442 - Shipping address (UPS, FedEx, etc.):
1421 Dr. Martin Luther King Drive
St. Louis, MO 63106‑3716 - Location (not for mail):
PNC Tower
Louisville, KY 40202
Little Rock Branch
- Main phone numbers:
501‑324‑8300
1‑800‑482‑9463 (in Arkansas)
1‑800‑332‑0813 (outside Arkansas) - Postal mailing address (USPS):
P.O. Box 442
St. Louis, MO 63166-0442 - Shipping address (UPS, FedEx, etc.):
1421 Dr. Martin Luther King Drive
St. Louis, MO 63106‑3716 - Location (not for mail):
Stephens Building
Little Rock, AR 72201
Memphis Branch
- Main phone numbers:
901‑531‑5000
1‑800‑552‑5132 (in Tennessee)
1‑800‑238‑5293 (outside Tennessee) - Postal mailing address (USPS):
P.O. Box 442
St. Louis, MO 63166-0442 - Shipping address (UPS, FedEx, etc.):
1421 Dr. Martin Luther King Drive
St. Louis, MO 63106‑3716 - Location (not for mail):
North Main Street and Exchange Avenue
Memphis,TN 38103
Visiting the St. Louis Fed
Learn about vaccination and securityrequirements in place at the St. Louis Fed, its branches and Economy Museum. If you will be visiting a St. Louis Fed location for an on-site conference or meeting, please check with your event host for more information.
Bank Holding Company Supervision
Supervision conducts examinations, provides guidance and reviews compliance with applicable laws and regulations.
- Institutions headquartered in Arkansas, Mississippi and Tennessee
Darin Heintz: (o: 901-531-5053 / m: 901-201-8681) - Institutions headquartered in Illinois, Missouri, Indiana and Kentucky
Megan Kahlenberg: (o: 314-444-8481 / m: 479-719-9403) - Regional Banking Organizations
James Warren: 314‑444‑8854 or 1‑800‑333‑0810, ext. 444‑8854
Eric Reckamp 314-444-7368 or 1-800-333-0810, ext 444-7368
Bank and Bank Holding Company Applications
Questions about bank/financial holding company applications may be directed here.
- Holly Rieser: 314‑444‑4713 or 1‑800‑333‑0810, ext. 444‑4713
Cash Services
The St. Louis Fed’s Cash operations meet banks’ demands for coin and currency, test the notes for authenticity to ensure they’re not counterfeit and then evaluate their fitness for circulation.
- St. Louis Cash Administration: 314‑444‑8328
- Memphis Cash Administration: 901‑531‑5114 or 1‑800‑552‑2424, ext. 531‑5114
- Louisville Cash Administration: 513‑455‑4241
View more information about Federal Reserve Cash Services.
Community Development
Community Development works with lenders, community leaders and resource providers to foster community developmentand promote fair and equal access to credit.
Visit the Community Development Staff Directory page for staff phone numbers.
Consumer Affairs
Consumer Affairs conducts examinations of state member banks for compliance with federal consumer credit laws, includingHMDA and CRA, and provides information to depository institutions and consumers.
- Kevin Henry (Examinations): 314‑444‑8823 or 1‑800‑333‑0810, ext. 444‑8823
- Douglas Kerr (Examinations): 314‑444‑4205 or 1‑800‑333‑0810, ext. 444‑4205
- Tiffany Stecko (Consumer Complaints): 314‑444‑8755 or 1‑800‑333‑0810, ext. 444‑8755
Consumer Complaints
The Federal Reserve ConsumerHelp Center handles consumer complaints against statemember banks.
For questions or to file a complaint, call 1‑888‑851‑1920.
Customer Accounts
Customer Accounts handles account confirmations and balances, information on correspondent/respondent relationships,and IAS accounting information and statements.
- Customer Accounts information: 1‑800‑333‑0869
- Capital Stock Adjustments: 314‑444‑8365 or 1‑800‑333‑0810, ext. 444‑8365
- Billing Statement (availability and frequency, method of transmission, and use of earnings credits):
1‑800‑485‑1033 - Origin and explanation of charges: 1‑800‑482‑9463, ext. 232
Credit Risk Management
Questions regarding setting up a borrowing relationship, loan requests, payments, or discount collateral pledgesor releases may be directed here.
- Credit Office: 1‑866‑666‑8316
Economic Education
- Economic Education Programs and Workshops
Mary Suiter: 314‑444‑4662 or 1‑800‑333‑0810, ext. 444‑4662
Contact someone on our team of education specialists in the Eighth District.
Economy Museum
Visit the museum website formore information.
- 314‑444‑7309
Ethics Officer
Information about the Bank's governance practicescan be found here. For additional information on governance practices, ethics rules and forms, including the Bank president's most recent financial disclosure form, please complete this form.
Federal Reserve Membership
Questions about Federal Reserve membership may be directed here.
- Jim Fuchs: 314‑444‑8837 or 1‑800‑333‑0810, ext. 444‑8837
Financial Services and Regional Sales
Visit the Fed System's FinancialServices website to get contact information for:
- Access Solutions (assistance with specialized technical support and service setup related to FedLine® Customer Access Solution)
- Account Executives, District Business Development contacts and Regional Sales
- Account Services
- Check Services
- District Check contacts
- FedACH® Services
- FedCash® Services (assistance with FedCash Services, including ordering forms and supplies)
- Fedwire® Services
- National Settlement Service
- Treasury Services (including Savings Bonds, PATAX, Electronic Tax Application, Retail Securities and the TT&L Treasury Support Center)
Little Rock Branch
The Little Rock Branch of the Federal Reserve Bank of St. Louis serves the western two‑thirds of Arkansas withinitiatives in community affairs, economic education, research and monetary policy.
Visit the Little Rock Branch Contact Us page for staff phone numbers.
Louisville Branch
The Louisville Branch of the Federal Reserve Bank of St. Louis serves southern Indiana and central and western Kentuckywith initiatives in community affairs, economic education, research and monetary policy.
Visit the Louisville Branch Contact Us page for staff phone numbers.
Media Inquiries
The External Engagement and Corporate Communications team handles all media inquiries for the Eighth Federal Reserve District. Reporters with questions or an interest in speaking with a St. Louis Fed staff member should contact mediainquiries@stls.frb.org.
Memphis Branch
The Memphis Branch of the Federal Reserve Bank of St. Louis is responsible for the Bank's operations in westernTennessee, eastern Arkansas and northern Mississippi.
Visit the Memphis Branch Contact Us page for staff phone numbers.
Operating Circulars
Federal Reserve Financial Services are governed by the terms and conditions that are set forth in the operating circulars.
Visit the FederalReserve financial services website for more information.
Payments System Risk
Payment Risk Management: 1‑866‑666‑8316
Procurement
The District Procurement department is responsible for acquiring quality goods and services on behalf of the businessareas that make up the Federal Reserve Bank of St. Louis.
Visit theProcurement department page for staff contact information.
Research
The Research departmentincludes staff economists who provide research and analyses on monetary policy, banking, macroeconomics, and regional and international issues. It houses Federal Reserve Economic Data (FRED) and the library.
- FRED Economic Data: Submit your comments or questions to FRED.
- Key contacts
- Staff economists
- Publications: 314‑444‑7320 or 1‑800‑333‑0810, ext. 444‑7320
Reserves
The St. Louis Fed’s Reserves Unit assists depository institutions with the reserves requirement, excess balance accounts, interest on reserves, and the Term Deposit Facility.
For information:
- Reserves Hotline: 1-866-666-8316
Regulations
Congress has assigned to the Board responsibility for implementing theFederal ReserveAct, which established the FederalReserve System, and certain other laws pertaining to a wide range of banking and financial activities.The Board implements those laws in part through its regulations, which are codified in title 12, chapter II,of the Code of Federal Regulations.
Visit the Board of Governorswebsite for more information.
Speakers Bureau
The External Engagement and Corporate Communications team coordinates speech requests via the Speakers Bureau.
Caroline Maurer: 314‑444‑7471 or 1‑800‑333‑0810, ext. 444‑7471
Statistical Reporting
Statistics processes FR2900, Call Reports, Bank Holding Company Reports and various other financial reports fromdepository institutions. Additional information can be found at FRBservices.org.
- Call Reports and Bank Holding Company Reports
Lisa Mantia: 314‑444‑7357 or 1‑800‑333‑0810, ext. 444‑7357 - Deposit Reporting and other Statistical Reporting
Emily Zitta: 314‑444‑3916 or 1‑800‑333‑0810, ext. 444‑3916 - Structure Reporting
Lisa Mantia: 314‑444‑7357 or 1‑800‑333‑0810, ext. 444‑7357
Structure Information
The St. Louis Fed's Statistics Department is responsible for structure maintenance for all holdingcompanies, depository institutions and nonbank subsidiaries within the Eighth District.
Send Eighth District Structure Reports to:
Federal Reserve Bank of St. Louis
Statistics and Structure
P.O. Box 442
St. Louis, MO 63166
For further information:
- Email
NIC.STLS@stls.frb.org
Subscriptions
- Fed publications and mailings
Dawne Luleff: 314‑444‑8341 or 1‑800‑333‑0810, ext. 444‑8341 - Email alerts
Michelle Dailey: 314‑444‑8808 or 1‑800‑333‑0810, ext. 444‑8808
Website
If you have questions about or technical problems with this website, send an e‑mail to: webmaster@stls.frb.org
FAQs
How do you contact the Fed? ›
- Website: Federal Reserve System.
- Phone Number: 1-202-452-3000.
- Toll Free: 1-888-851-1920.
- TTY: 1-877-766-8533.
- Forms: Federal Reserve System Reporting Forms.
Like all Federal Reserve Banks, the St. Louis Fed works to promote stable prices and economic growth; foster a sound financial system; provide payment services to financial institutions; support the U.S. Treasury's financial operations, and advance economic knowledge, community development, and fair access to credit.
What can you access from FRED? ›FRED is a database of 20,070 U.S. economic time series data. With FRED you can download data in Microsoft Excel and text formats and view charts of data series. Data series are organized into categories such as baking, business/fiscal, exchange rates, foreign exchange intervention, GDP, and interest rates.
Who owns the St. Louis Fed? ›The St. Louis Fed is a corporation chartered under the Federal Reserve Act. It is subject to oversight and supervision by the Board of Governors of the Federal Reserve System. As a corporation, it is governed by a board of directors, whose nine members are selected as provided in the Federal Reserve Act.
What branch of government is the Federal Reserve? ›The Federal Reserve System is considered to be an independent central bank. It is so, however, only in the sense that its decisions do not have to be ratified by the President or anyone else in the executive branch of the government.
Does the Federal Reserve call you? ›The Federal Reserve Bank of New York and other Federal Reserve Banks will never contact the public via unsolicited phone calls or e-mails asking for money or any other type of personal information.
Are we in a recession now? ›According to the general definition—two consecutive quarters of negative gross domestic product (GDP)—the U.S. entered a recession in the summer of 2022.
Why does Missouri have two Federal Reserve banks? ›Why does Missouri have two Reserve Banks – Kansas City and St. Louis? Locations of Reserve Banks were selected based on population distribution and where financial centers were in 1914. Government officials traveled the country early that year to visit potential Reserve Bank sites, including Kansas City and St.
What is the current Feds Fund rate? ›| This week | Year ago | |
|---|---|---|
| Fed Funds Rate (Current target rate 3.00-3.25) | 3.25 | 0.25 |
So how exactly does FRED work? FRED is equipped with a porous conveyor belt that can pick up floating waste within its range while allowing water to seep through. The trash then gets stored inside the device until the bins reach maximum capacity.
What does FRED stand for? ›
FRED® stands for Federal Reserve Economic Data. FRED® contains frequently updated US macro and regional economic time series at annual, quarterly, monthly, weekly, and daily frequencies. FRED® aggregates economic data from a variety of sources- most of which are US government agencies.
How do I get data from FRED? ›Click on the “My Account” dropdown and select “Data Lists”, then select the list you want to download. Click “Download Data." Under “Observation Range,” enter the desired date range for the data. Read the notes on the download page and then finish by clicking the “Download Data” button.
Who is the Fed accountable to? ›The Fed is an independent government agency but accountable to the public and Congress. The chair and Board of Governor's staff testify before Congress and submit a Monetary Policy Report twice a year. Independently audited financial statements and FOMC meeting minutes are public.
Who controls the Fed? ›The Board of Governors--located in Washington, D.C.--is the governing body of the Federal Reserve System. It is run by seven members, or "governors," who are nominated by the President of the United States and confirmed in their positions by the U.S. Senate.
Who prints money in the US? ›The Bureau of Engraving and Printing produces United States currency notes, operates as the nation's central bank, and serves to ensure that adequate amounts of currency and coin are in circulation.
Who are the 12 Federal Reserve Banks? ›Federal Reserve Banks
The 12 districts are headquartered in Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco.
Required and Excess Bank Reserves
Banks have little incentive to maintain excess reserves because cash earns no return and may even lose value over time due to inflation. Thus, banks normally minimize their excess reserves, lending out the money to clients rather than holding it in their vaults.
Myth: Private sector banks own the Fed
In truth, the Fed is not "owned" by anyone. The Fed consists of both a federal agency — the Board of Governors based in Washington, DC — and 12 privately chartered regional banks nationwide.
Here's the tipoff that it might be a scam: Banks typically don't call you asking for personal information.
Does the government have a bank account in my name? ›So, no, there is no secret federal bank account. And if you pretend that you do have one, your payment will be rejected and returned unpaid.
Why would the US government call me? ›
Scammers Want You to Send Them Money Through Gift Cards
Nofziger said people should know, “The government will not call you unsolicited, bottom line. If you're receiving a call that you did not initiate from someone in the federal government, it is not them.”
Banks, including Citigroup, Deloitte and PNC Financial Services, previously predicted a slowdown in 2023, but recent forecasts say a recession could occur in 2022 or earlier in 2023 than formerly expected.
Do house prices drop in a recession? ›How does a recession affect the real estate market? Recessions typically depress prices in most markets, including real estate markets. Bad economic conditions could mean there are fewer homebuyers with disposable income. As demand decreases, home prices fall, and real estate income stagnates.
Can the Great Depression happen again? ›Could a Great Depression happen again? Possibly, but it would take a repeat of the bipartisan and devastatingly foolish policies of the 1920s and ' 30s to bring it about. For the most part, economists now know that the stock market did not cause the 1929 crash.
Can I deposit money in the Federal Reserve Bank? ›No. The Federal Reserve Banks provide financial services to banks and governmental entities only. Individuals cannot, by law, have accounts at the Federal Reserve.
How many Federal Reserve Banks are there in St Louis? ›Missouri is the only state to have two main Federal Reserve Banks (Kansas City also has a bank). Located in downtown St.
What is the only state with two Federal Reserve Banks? ›Missouri is the only state with two Federal Reserve Banks, and it has long been alleged that political influence explains why Reserve Banks were placed in both St. Louis and Kansas City.
What will interest rates be in 2022? ›...
Mortgage Rates From January 2022 – July 2022
- 30-year mortgage: 3.22%
- 15-year mortgage: 2.43%
- 5/1 adjustable-rate mortgage (ARM): 2.41%
In September, with inflation still running stubbornly hot, the Federal Reserve increased the target for the federal funds rate still another 0.75% to a range of 3% – 3.25%. The Federal Reserve also released median projections showing that they anticipate the target rate to be 4.4% by the end of 2022.
How much does FRED cost? ›Manchester United have completed the signing of Shakhtar Donetsk midfielder Fred for a fee in the region of £52.5 million ($70m).
Is FRED free? ›
You are free to access and use FRED at no cost, subject to the full terms and conditions of the service.
Is FRED reliable? ›St. Louis Fed. Welcome to FRED, your trusted source for economic data since 1991. Download, graph, and track 818,000 US and international time series from 110 sources. Welcome to FRED, your trusted source for economic data since 1991.
Can Fred be a girl name? ›Fred is a gender-neutral name that stems from the masculine Old German and Old French titles Frederick, Manfred, and Alfred. Fred by itself means “peace,” but its predecessors give it the meanings “elf counsel” and “peaceful ruler,” too.
What does Fred say? ›Scooby-Doo! - What Does Fred Say? - YouTube
Is Frederick a biblical name? ›Frederick. While there isn't a Frederick in the Bible, this unique boy name has a great namesake. Frederick means “peaceful ruler.”
How do you use Fred charts? ›Formatting Graphs | How to Use FRED - YouTube
How do I download Fred addons? ›Get the add-in to Excel from Excel>Insert tab>Get Add-in>button>search the add-in>Add.
What is the real GDP per capita of the US in the latest year Fred has listed? ›| 2021: | 70,181 |
|---|---|
| 2019: | 64,690 |
| 2018: | 62,450 |
| 2017: | 59,589 |
| View All | |
The president has the authority to pick each of the seven members on the Fed's board of governors, who have permanent voting positions on the rate-setting Federal Open Market Committee.
How is the Fed held accountable? ›Here are a few examples of how the Federal Reserve System is held accountable: The Federal Reserve's policy goals of price stability and maximum sustainable employment are specified by Congress, and Fed officials report regularly to Congress on progress toward meeting those goals.
What are the four primary functions of the Fed? ›
The Fed's main duties include conducting national monetary policy, supervising and regulating banks, maintaining financial stability, and providing banking services.
What are the 6 functions of the Fed? ›- Clearing Checks. Action 1.
- Acting as Government's Fiscal Agent. Action 2.
- Supervising member banks. Action 3.
- Regulate Money Supply. Action 4.
- Supply Paper Currency. Action 5.
- Setting Reserve Requirements. Action 6.
The Federal Reserve is not funded by congressional appropriations. Its operations are financed primarily from the interest earned on the securities it owns—securities acquired in the course of the Federal Reserve's open market operations.
What can the Fed do? ›Supervising and Regulating Financial Institutions and Activities. The Federal Reserve promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole.
Why U.S. can print money without inflation? ›“The short answer is because the U.S. dollar is the global reserve currency. In other words, most countries and companies from other countries usually need to transact business in U.S. dollars, making them exposed to the value of their currency relative to U.S. dollars.
Why can't the U.S. print more money? ›The Fed tries to influence the supply of money in the economy to promote noninflationary growth. Unless there is an increase in economic activity commensurate with the amount of money that is created, printing money to pay off the debt would make inflation worse.
Do they still make 2 dollar bills? ›As need and use declined over the years, the Federal Reserve stopped printing $2 bills in 1966.
Where is the main office of the Federal Reserve? ›Visit Us in Person
Prearranged tours of the Eccles Building may be requested for groups of 10 to 25 people. These tours are designed for college students and adults with a research interest in the Federal Reserve.
Each bill has a number and a letter that denote the Federal Reserve Bank that accounts for that particular bill. For example, a bill with the number 8 will have the letter H (the eighth letter in the alphabet), which means it appears on the balance sheet of the Federal Reserve Bank of St. Louis.
Who is the Fed chairman today? ›
The current chair is Jerome Powell, who was sworn in on February 5, 2018. He was nominated to the position by President Donald Trump on November 2, 2017, and later confirmed by the Senate. He was subsequently nominated to second term by President Joe Biden, later confirmed by the Senate and sworn in on May 23, 2022.
Who controls the Federal Reserve? ›The Board of Governors--located in Washington, D.C.--is the governing body of the Federal Reserve System. It is run by seven members, or "governors," who are nominated by the President of the United States and confirmed in their positions by the U.S. Senate.
Who are the 12 Federal Reserve Banks? ›Federal Reserve Banks
The 12 districts are headquartered in Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco.
The Federal Open Market Committee FOMC) meeting schedule 2022: January 25-26. March 15-16* May 3-4.
Can you walk into the Federal Reserve? ›Guided tours of the Federal Reserve are offered every weekday (excluding bank holidays). Currently, this is the only way to get into the Federal Reserve and see the Vault and other exhibits. Although they have provided a self-guided option in the past, this is no longer an option as of August 2018.
Can I visit Federal Reserve? ›In order to help protect the health and well-being of our employees and the communities we serve, our tour program is suspended until further notice. For news and updates on tours as they are available, please sign up to our email list.
Can you take a tour of the Federal Reserve? ›The Federal Reserve Bank of New York offers guided tours to school groups and the general public. Visitors will learn about the roles and responsibilities of the Federal Reserve. At this time, we are not offering Museum and Gold Vault tours.
What is a 1996 $100 bill worth? ›The 1996 series $100 bills are worth around $130 in uncirculated condition with a grade of MS 63.
How much is a 2017 $2 bill worth? ›Most 2017A series $2 bills are worth around $4 in uncirculated condition with an MS 63 grade. Bills issued from the Federal Reserve Bank of Minneapolis are worth around $20 in uncirculated condition with an MS 63 grade.
What does L12 mean on money? ›| Indicator | Bank |
|---|---|
| K11 | Dallas |
| D4 | Cleveland |
| H8 | St. Louis |
| L12 | San Francisco |
Is the Federal Reserve chair the most powerful person in the world? ›
The chair is considered one of the most powerful positions in the entire world, and any change to long-term interest rates has a pronounced economic effect that ripples through all world markets.
How much does the chairman of the Federal Reserve make? ›Salary Jerome Powell
- Forbes Oct 2021: The Board chairman, currently Jerome Powell, makes $203,500. - Fox Business Jun 2020: Congress sets the salaries of the Fed board members. In 2019, the chair's annual salary was $203,500. The annual salary of the other board members, including the vice chair, is $183,100.
The seven members of the Board of Governors of the Federal Reserve System are nominated by the President and confirmed by the Senate.