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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 New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
  
  The New York Fed has been working with tri-party repo market participants to make changes to improve the resiliency of the market to financial stress.
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Photo Gallery

unfit silver certificates were burned at the Bank.

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Financial Services Group

Since 1953, unfit silver certificates were burned at the Bank. This was stopped when air-quality controls became an important issue for New York City. Destruction of unfit Federal Reserve notes was performed by cutting the bills in half and sending the packaged money to Washington, D.C. one half at a time.

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