Federal Reserve Bank of Richmond Competitors, Revenue, Alternatives and Pricing
Estimated Revenue & Financials
- Federal Reserve Bank of Richmond's estimated annual revenue is currently $327.8M per year.
- Federal Reserve Bank of Richmond's estimated revenue per employee is $210,000
- Federal Reserve Bank of Richmond has 1561 Employees.
- Federal Reserve Bank of Richmond currently has 1 job openings.
What Is Federal Reserve Bank of Richmond?
One of 12 regional banks in the Federal Reserve System, the Federal Reserve Bank of Richmond oversees system member banks and bank holding companies in Virginia; Maryland; the Carolinas; Washington, DC; and most of West Virginia. It conducts examinations and investigations of member institutions, distributes money, issues savings bonds and Treasury securities, and assists the Fed in setting monetary policy. The bank also processes checks and acts as a clearinghouse for payments between banks. Federal Reserve Banks are not-for-profit and return earnings (gleaned mostly from investments in government paper) to the US Treasury.keywords:N/A