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Board of Governors of the Federal Reserve System
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Directors of Federal Reserve
Banks and Branches

Under the Federal Reserve Act, each of the twelve Reserve Banks is separately incorporated with its own board of directors. In each Reserve District, commercial banks that are members of the Federal Reserve System own the stock of their District's Reserve Bank and elect the majority of the Reserve Bank's board of directors; the remainder of the directors are appointed by the Federal Reserve Board.

Sectors Represented by Directors

Sector (non-bankers) Directors
Accounting 0
Agriculture and Food Processing 13
Architecture 1
Consumer/Community 19
Education 10
Energy, Mining and Extraction 8
Engineering 2
Financial Services (non-banking) 12
Health Care Delivery 12
Information Technology 9
Insurance 4
Labor 6
Law 4
Manufacturing 25
Media, Marketing, and Public Relations 0
Nonprofit/Business Groups 3
Pharmaceuticals 1
Publishing 0
Real Estate and Construction 9
Real Estate Brokerage 2
Services (miscellaneous) 19
Telecommunications 3
Transportation 13
Utilities 8
Wholesale and Retail Trade 18
Total (non-banker directors) 201
Total banker directors 70
Vacancies 3
Total directorships 274
Last update: July 28, 2015