The Federal Reserve Bank of San Francisco’s mission is 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 San Francisco Fed’s work focuses on stable prices, maximum employment, safe banking, and secure payments.
The San Francisco Fed serves 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 on behalf of the American people.
Core Responsibilities
Monetary Policy
The San Francisco Fed provides monetary policy leadership that is informed by robust research and engagement with a wide range of businesses and people across the Twelfth District.
Operations
The San Francisco Fed supports the nation’s payment system, ensures that cash is circulating throughout the Twelfth District, and keeps money moving securely across banking platforms—from payroll direct deposits to online transfers.
Supervision & Credit Risk Management
The San Francisco Fed ensures 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.
