Federal Reserve Bank Branch Boards

Sectors Represented by Reserve Bank Branch Directors1
Sector 2017 2018 2019 2020 2021 2
Banking 32 30 31 30 30
Agriculture & Food Processing 9 8 8 9 5
Commerce/Industry 53 59 55 54 50
Energy, Mining, & Extraction 7 7 6 5 5
Manufacturing 20 21 16 17 16
Pharmaceuticals 0 0 0 1 0
Publishing 0 0 0 0 0
Real Estate & Construction 8 7 11 11 10
Utilities 5 5 2 3 3
Wholesale & Retail Trade 13 19 20 17 16
Services 50 45 52 54 61
Accounting 0 0 0 0 0
Architecture 0 0 0 0 0
Education 5 5 6 6 9
Engineering 0 0 1 2 2
Financial Services (non-banking) 6 7 6 5 4
Health Care Delivery 6 7 9 9 11
Information Technology 7 5 4 5 6
Insurance 3 3 2 2 1
Law 1 1 0 0 1
Media, Marketing & Public Relations 1 1 1 1 1
Nonprofit/Business Groups 3 2 2 4 5
Real Estate Brokerage 1 1 2 1 1
Services - Miscellaneous 13 9 14 15 13
Telecommunications 0 0 0 0 2
Transportation 4 4 5 4 5
Labor 3 4 2 0 1
Consumer/Community 16 15 14 13 18

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. Pursuant to Board policy, Board-appointed Branch directors cannot be affiliated with a bank or with certain other types of supervised financial institutions; however, Reserve Bank-appointed Branch directors may be bankers. Return to table

2. Includes all directors serving on Branch boards as of January 1 of each calendar year. Return to table

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Last Update: February 22, 2021