The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.
To carry out its mission, the New York Fed employs approximately 3,000 people who are organized into groups and offices. With the exception of its internal audit function, the Fed's business areas report to the President and First Vice President of the Bank, who in turn, report to the Bank's Board of Directors.