FEDERAL RESERVE BANK of NEW YORK

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- At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and conducting research and providing expertise on issues that impact the nation and communities we serve.
  
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- As part of our core mission, we supervise and regulate financial institutions in the Second District. Our primary objective is to maintain a safe and competitive U.S. and global banking system.
  
  The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
  
  Need to file a report with the New York Fed? Here are all of the forms, instructions and other information related to regulatory and statistical reporting in one spot.
  
  The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams.
Financial Services & Infrastructure
- Financial Services & Infrastructure
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- The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
  
  The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
  
  The growing role of nonbank financial institutions, or NBFIs, in U.S. financial markets is a transformational trend with implications for monetary policy and financial stability.
  
  The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
Community Development
& Education

January 2003

(See also Fedpoint 10, "The Role of Reserve Bank Directors.")

Terms expire December 31 of the year indicated.

Class A
(elected by member banks to represent member banks)

Charles V. Wait (2005)
President, Chief Executive Officer and Chairman of the Board
The Adirondack Trust Company

Jill M. Considine (2004)
Chairman and Chief Executive Officer
The Depository Trust Company

Sanford I. Weill (2003)
Chairman and Chief Executive Officer
Citigroup Inc.

Class B
(elected by member banks to represent the public)

Marta Tienda (2005)
Maurice P. During '22 Professor in Demographics Studies
Professor of Sociology and Public Affairs
Princeton University

Jerry I. Speyer (2003)
President and Chief Executive Officer
Tishman Speyer Properties

Ronay Menschel (2004)
Chairman
Phipps Houses

Class C
(elected by the Board of Governors to represent the public)

John Edward Sexton (2003) DEPUTY CHAIRMAN
President
New York University

Peter G. Peterson (2004) CHAIRMAN
Chairman
The Blackstone Group

Loretta Lynch (2005)
Partner
Hogan & Hatrson L.L.P.

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