Federal Reserve Bank Branch Boards

Branch Directors Appointed by the Board of Governors1

Gender and Racial/Ethnic Diversity2
Raw Count (71)
  2017 2018 2019 2020 2021
Women 27 33 34 33 34
Total Minorities3 23 27 25 27 33
Black or African American 15 17 13 15 16
Hispanic or Latino 5 7 7 7 10
Asian 2 2 4 4 6
American Indian or Alaskan Native 1 1 1 0 0
Native Hawaiian or Pacific Islander - - - 0 0
Two or More Races - - - 1 1
Minority Women 8 11 13 11 16
Overall Diversity 4 42 49 46 49 51

1. Most Reserve Banks have at least one Branch, and each Branch has its own board of directors. A majority of the directors on a Branch board are appointed by the Reserve Bank, and the remaining Branch directors are appointed by the Board of Governors. Return to table

2. Directors are given the option to self-identify their gender and race/ethnicity. Reported information is effective as of January 1 of each calendar year. Return to table

3. Includes all Board-appointed directors who self-identified as one or more of the following: Black or African American; Hispanic or Latino; Asian; American Indian or Alaskan Native; or Native Hawaiian or Pacific Islander. Note that reporting options were expanded effective January 1, 2020. Return to table

4. In calculating overall diversity, a female minority is counted only one time. Return to table

Percentages
  2017 2018 2019 2020 2021
Women 38% 46% 48% 46% 48%
Total Minorities 32% 38% 35% 38% 46%
Black or African American 21% 24% 18% 21% 23%
Hispanic or Latino 7% 10% 10% 10% 14%
Asian 3% 3% 6% 6% 8%
American Indian or Alaskan Native 1% 1% 1% 0% 0%
Native Hawaiian or Pacific Islander - - - 0% 0%
Two or More Races - - - 1% 1%
Minority Women 11% 15% 18% 15% 23%
Overall Diversity 59% 69% 65% 69% 72%

Reserve Bank-Appointed Branch Directors1

Gender and Racial/Ethnic Diversity2
Raw Count (95)
 
  2017 2018 2019 2020 20213
Women 30 31 30 30 37
Total Minorities4 30 30 33 30 29
Black or African American 10 13 13 11 11
Hispanic or Latino 10 9 12 10 8
Asian 7 5 5 5 4
American Indian or Alaskan Native 3 3 3 3 5
Native Hawaiian or Pacific Islander - - - 0 0
Two or More Races - - - 1 1
Minority Women 12 11 12 10 11
Overall Diversity 5 48 50 51 50 55

1. Most Reserve Banks have at least one Branch, and each Branch has its own board of directors. A majority of the directors on a Branch board are appointed by the Reserve Bank, and the remaining Branch directors are appointed by the Board of Governors. Return to table

2. Directors are given the option to self-identify their gender and race/ethnicity. Reported information is effective as of January 1 of each calendar year. Return to table

3. Information reflects one vacant Reserve Bank-appointed director position. Return to table

4. Includes all Reserve Bank-appointed directors who self-identified as one or more of the following: Black or African American; Hispanic or Latino; Asian; American Indian or Alaskan Native; or Native Hawaiian or Pacific Islander. Note that reporting options were expanded effective January 1, 2020. Return to table

5. In calculating overall diversity, a female minority is counted only one time. Return to table

Percentages
  2017 2018 2019 2020 2021
Women 32% 33% 32% 32% 39%
Total Minorities 32% 32% 35% 32% 31%
Black or African Americans 11% 14% 14% 12% 12%
Hispanic or Latino 11% 9% 13% 11% 8%
Asian 7% 5% 5% 5% 4%
American Indian or Alaskan Native 3% 3% 3% 3% 5%
Native Hawaiian or Pacific Islander - - - 0% 0%
Two or More Races - - - 1% 1%
Minority Women 13% 12% 13% 11% 12%
Overall Diversity 51% 53% 54% 53% 58%
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Last Update: February 22, 2021