We are the Federal Reserve Bank of San Francisco—public servants with a mission to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans.
As part of the U.S. central bank, the Federal Reserve Bank of San Francisco works to keep the U.S. economy strong by focusing on stable prices, full employment, safe banking, and secure payments.
We serve the Twelfth Federal Reserve District, which covers the nine western states—Alaska, Arizona, California, Hawai’i, Idaho, Nevada, Oregon, Utah, and Washington—plus American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands.
The San Francisco Fed, along with the other 11 Reserve Banks across the country, brings its distinct expertise, research focus, and outreach-informed perspectives, alongside its supervisory and operational duties, to carry out the Federal Reserve’s work.
Core Responsibilities
Monetary Policy
We provide monetary policy leadership that is informed by robust research and engagement with a wide range of businesses and people across the Twelfth District.
Operations
We support the nation’s payment system, ensure that cash is circulating throughout the Twelfth District, and keep money moving securely across banking platforms—from payroll direct deposits to online transfers.
Supervision & Credit Risk Management
We ensure that banks are operating in a safe and sound manner by supervising individual banks and financial institutions in the Twelfth District and monitoring their impact on the U.S. economy.
The Twelfth District
The largest in the Federal Reserve System, the Twelfth District encompasses nine western states, two territories, and a commonwealth.
Latest Publications
The Federal Reserve’s System of Reserve Banks
The Federal Reserve’s 12 Reserve Banks, each operating within its own geographic area, work together to keep the U.S. economy strong.
