About Federal Reserve Bank of San Francisco
The Federal Reserve Bank of San Francisco (FRBSF) is a pivotal component of the United States' central banking system, dedicated to promoting a healthy and sustainable economy while supporting the nation's financial and payment systems. As one of the twelve regional Federal Reserve Banks, it serves the largest and most diverse district, covering one fifth of the nation's population across major cities including Los Angeles, Seattle, Salt Lake City, and Portland, with additional cash processing in Phoenix.
Mission and Responsibilities
FRBSF's mission, mandated by Congress, encompasses a broad range of functions aimed at maintaining economic stability and growth. These include informing monetary policy, regulating banks, administering certain consumer protection laws, and acting as a financial partner to the U.S. government. The Bank's unique position within the Federal Reserve System includes managing the Cash Product Office, which oversees the nation's cash distribution, and hosting a fintech team that drives innovation in financial services.
Culture and Values
At FRBSF, the culture is deeply rooted in public service and commitment to the communities it serves. The organization fosters an environment where listening and learning from diverse communities enhances decision-making and policy development. The slogan 'We’re unreserved here' reflects their open and inclusive approach, emphasizing transparency and accessibility in financial services.
Opportunities and Growth
FRBSF is committed to 'unreserved opportunity,' a principle that underscores the necessity of accessible opportunities for all. By striving to achieve its dual mandate of maximum employment and price stability, FRBSF positions itself as a builder of opportunities, helping to propel the economy and enable every American to reach their full potential. The Bank's sustainable growth team focuses on understanding the economic effects of a changing climate, ensuring that their strategies align with long-term environmental and economic sustainability.
Working at FRBSF
Employees at FRBSF enjoy a dynamic work environment where innovation and collaboration are highly valued. The Bank offers a range of benefits designed to support the health, well-being, and professional growth of its staff. With a commitment to diversity and inclusion, FRBSF provides a platform for employees to influence change and contribute to the welfare of the economy while advancing their careers in the financial services industry.