BNET Industries

Federal Reserve Bank of Philadelphia

is in the Financial Services Industry

Last Fiscal Year Sales:$992.0M
  • Private
  • US
Dow Jones Description

The Federal Reserve Bank of Philadelphia is one of 12 regional Federal Reserve Banks across the U.S. that, together with the Board of Governors in Washington, D.C., serve as our nation's central bank.

President & Chief Executive OfficerCharles I. Plosser
Number of Employees 2,000
Contact Information

10 Independence Mall

Philadelphia, Pennsylvania 19106

www.phil.frb.or...

(215) 574-6000

NAICS Code Monetary Authorities-Central Bank: 521110

Recent Events

  • Banks get regulatory OK to merge

    3/18/09 - Merger / Acquisition - View Story

  • Bank Appoints Payment Cards Center Director

    1/14/09 - Mgmt. Change Entering - Vice President - View Story

News & Analysis

federal reserve bank of philadelphia - All News and Analysis

Decision Makers

Name (plus bio) Position
Charles I. Plosser President & Chief Executive Officer
William H. Stone Jr. First Vice President

Charles I. Plosser became the Federal Reserve Bank of Philadelphia's 10th president and chief executive officer on August 1, 2006. Before coming to Philadelphia, he was the John M. Olin Distinguished Professor of Economics and Public Policy and director of the Bradley Policy Research Center at the William E. Simon Graduate School of Business Administration, where he also served as dean from 1993 to 2003. He was also a professor of economics in the Department of Economics at the University of Rochester, a senior research associate at the Rochester Center for Economic Research in the university's College of Arts and Science, and a research associate at the National Bureau of Economic Research in Cambridge, Massachusetts. He has also been a visiting scholar at the Bank of England and the Federal Reserve Bank of Minneapolis. Plosser has lectured to academic and business audiences worldwide on topics ranging from management education to economic and public policy issues. The author of numerous academic articles and a participant in scores of professional seminars and conferences, Plosser has also served as co-editor or associate editor of three prestigious journals of economics and referee for over a dozen others. His research and teaching interests include topics on monetary and fiscal policy, long-term economic growth, and banking and financial markets, and his articles have appeared in numerous leading economic journals. Plosser earned Ph.D. and M.B.A. degrees from the University of Chicago, and he received a bachelor of engineering degree (cum laude with honors) from Vanderbilt University. Plosser has served as a consultant to numerous corporations, including Chase Manhattan Bank, Eastman Kodak Company, and The Wyatt Company, on topics ranging from strategic planning and forecasting to portfolio and pension fund management, capital budgeting, and financial analysis. He has served as an advisory board member of the Rochester New Enterprise Forum, the Metropolitan Advisory Board of Chase Manhattan Bank, and the University Technology Seed Fund, LLC. Plosser served as chairman of the Board of Directors of the Consortium for Graduate Study in Management from 1995 to 1997. From 1996 to 2000, he served on the Board of Directors of ViaHealth, Inc., where he also served as secretary, member of the Executive Committee, and chair of the Governance Committee.

Organization Position Status
Federal Reserve Bank of Philadelphia President & Chief Executive Officer Current
Forensic Economics, Inc. Outside Expert Current
Eastman Kodak Company Consultant Former
The Wyatt Company Consultant Former
The Consortium for Graduate Study in Management Chairman Former
Viahealth Board of Directors Former
University of Chicago PH.D. Former
University of Chicago MBA Former
Vanderbilt University B.E. in Engineering Former
Organization Position Status
Federal Reserve Bank of Philadelphia First Vice President Current
Gettysburg College Former

Executive News

  • U.S. inflation will mirror Zimbabwe, says Faber

    Bloomberg - 5/30/09 - View Story

  • Are We Headed for Hyperinflation?

    Seeking Alpha - 5/27/09 - View Story

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