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.
Regional & Community Outreach connects the Bank to Main Street via structured dialogues and two-way conversations on small business, mortgages, and household credit.
Economic Education improves public knowledge about the Federal Reserve System, monetary policy implementation, and promoting financial stability through the Museum and programs for K-16 students and educators, and the community.
Local Initiatives Support Corporation ShoreBank, Inc. Buffalo-Niagara Partnership Fannie Mae
On May 1, 2001 the Buffalo Branch, Federal Reserve Bank of New York, in partnership with the University at Buffalo Department of Planning, presented the "Untapped Urban Market: Attracting Business to the Inner City." Held at the university's Center for Tomorrow, the conference brought together a number of national experts to discuss the economic challenges faced by inner-city communities and map effective strategies for business development. The over 130 attendees came from throughout New York State and represented a wide-range of organizations concerned about inner-city redevelopment, including housing agencies, banks, economic development agencies, community development corporations, and grassroots coalitions. (more...)