About Us

We are the San Francisco Fed, public servants with a congressionally mandated mission to promote a healthy and sustainable economy and support the nation’s financial and payment systems. With offices in Los Angeles, Seattle, Salt Lake City, and Portland, as well as cash processing in Phoenix, we are the Twelfth Federal Reserve District. We serve one fifth of the nation’s population—the largest and most diverse of the twelve Federal Reserve Districts within the Federal Reserve System.

As part of the nation’s central bank, we inform monetary policy, regulate banks, administer certain consumer protection laws, and act as a financial partner to the U.S. government. We listen, learn, and reflect the communities we serve so we can make better decisions and policy to help our nation thrive.

We also have unique responsibilities and areas of expertise within the Federal Reserve System. For example, the San Francisco Fed is the headquarters for the Federal Reserve’s Cash Product Office, which oversees and supports the entire System’s cash distribution process. With global technology hubs in our District, our Fintech team facilitates innovation that is designed to improve market efficiency, yield public benefits, and promote people and businesses’ fair, informed, and transparent access to financial services. As part of our commitment to understanding how current and future risks affect our dual mandate goals, our Sustainable Growth team in Economic Research focuses their research on assessing the economic effects of a changing climate.

Unreserved opportunity is the touchstone that guides our work. We believe opportunity is not a luxury—it is a necessity and needs to be accessible to everyone. By achieving our dual mandate of maximum employment and price stability, we see ourselves as opportunity builders, helping our economy and every American reach their full potential.

Meet the San Francisco Fed (video, 1:40 minutes).

Transcript

Technology. Society. Climate.

This is a time of great and rapid change–and we must rise to meet it.

[Consecutive images: A person using phone while riding a train. City intersection with words Unity, Love, Change, Peace painted on the streets. Wind turbines spinning on hills. Woman sitting in conference room in a virtual meeting. Cars driving on a freeway. A container ship. A stretch of intersection across hills. A woman viewing data on a computer screen.]

We are the San Francisco Fed. A Reserve Bank with a long history. A family of public servants dedicated to creating unreserved opportunity for everyone.

Because this is everyone’s economy. And it needs to work for all Americans.

(upbeat music)

[Consecutive images: Several people crossing an intersection crosswalk. A woman looking at a computer screen. People sitting and conversing. A woman with a mask greeting a customer. Aerial view of tractors in a field. A teacher helping students.]

We believe that opportunity isn’t a luxury. It’s a necessity. And it must be open to all.

We stand for inclusion, connection, and equity. And we have a touchstone that fuels our work: Unreserved Opportunity.

With this as our guide, we listen, we learn, and we reflect our remarkable District. So we can make better decisions, better [monetary] policy, and collectively, together, build a brighter future for our nation.

Every day we ask: “What can we do to created unreserved opportunity?”

[Police officer talking into camera. People on a virtual call.

Consecutive images: Man wearing face mask and giving the peace sign. Two men wearing face masks putting up a poster. People in a virtual meeting. Two women in face masks with “I voted” sticker. Police officer standing between towers of diapers during a diaper drive. Woman wearing t-shirts that reads: “change starts with me.” Two people wearing masks with “I Voted” stickers on them.]

Because we are your Fed, dedicated to building opportunity for everyone.

[Consecutive images: City of Los Angeles, Phoenix, Portland, Salt Lake City, Seattle.
Onscreen text: Federal Reserve Bank of San Francisco. Unreserved Opportunity.]