Federal Reserve Bank Of Boston
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Federal Reserve Bank Of Boston
The Federal Reserve Bank of Boston, commonly known as the Boston Fed, is responsible for the First District of the Federal Reserve, which covers New England: Maine, Massachusetts, New Hampshire, Rhode Island, Vermont and all of Connecticut except Fairfield County. The code of the Bank is A1, meaning that dollar bills from this Bank will have the letter A on them. The Boston Fed describes its mission as promoting "growth and financial stability in New England and the nation". The Boston Fed also includes the New England Public Policy Center. Current Federal Reserve Bank of Boston president is Susan Collins, who is the first Black woman and the first woman of color to lead any of the 12 regional Federal bank branches. It has been headquartered since 1977 in the distinctive tall, 32-story Federal Reserve Bank Building at 600 Atlantic Avenue, Boston. Designed by architecture firm Hugh Stubbins & Associates, the tower portion of the building is suspended between two towers on eit ...
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Federal Reserve Bank Building (Boston)
The Federal Reserve Bank Building is the fifth tallest building in Boston, Massachusetts. It is located at Dewey Square, on the convergence of Fort Point and the Financial District neighborhoods. In close proximity to the Boston Harbor, the Fort Point Channel and major intermodal South Station terminal, the building is marked by a distinctive opening near ground level which allows sea breezes to pass through. History Built for the Federal Reserve Bank of Boston to replace the 1922 building which now houses the Langham Hotel Boston, the building was completed in 1977 and is 614 feet (187 m) tall with 32 floors. It was designed by Hugh Stubbins of The Stubbins Associates, Inc. and was reportedly one of his favorite buildings. The design stood in contrast to that of the other Reserve Banks, which resembled fortresses.http://www.bos.frb.org/economic/conf/conf45/conf45h.pdf It sometimes referred to as "the washboard" building or "Venetian Blind" building Design and features Th ...
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Fairfield County, Connecticut
Fairfield County is a County (United States), county in the southwestern corner of the U.S. state of Connecticut. It is the List of counties in Connecticut, most populous county in the state and was also its fastest-growing from 2010 to 2020. As of the 2020 United States census, 2020 census, the county's population was 957,419, representing 26.6% of Connecticut's overall population. The closest to the center of the New York metropolitan area, the county contains four of the state's top 7 largest cities—Bridgeport, Connecticut, Bridgeport (1st), Stamford, Connecticut, Stamford (2nd), Norwalk, Connecticut, Norwalk (6th), and Danbury, Connecticut, Danbury (7th)—whose combined population of 433,368 is nearly half the county's total population. The United States Office of Management and Budget has designated Fairfield County as the Greater Bridgeport, Bridgeport-Stamford-Norwalk-Danbury metropolitan statistical area. The United States Census Bureau ranked the metropolitan area a ...
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Jeanne Hulit
Jeanne A. Hulit (born 1958) served as Acting Administrator of the Small Business Administration from September 2013 to February 2014. Hulit is the President and CEO of Maine Community Bancorp, INC. She has served in this role since October 2018. Prior, Hulit served as President of Village Candle, a Wells, Maine-based candle and fragrance company in 2017, after serving as President of the Northeast Community Banking Division at Lewiston, Maine-based Northeast Bancorp since February 2014. Hulit was appointed to serve as SBA's New England Regional Administrator in August 2009. She then was transferred to Washington as Associate Administrator for SBA's Office of Capital Access since February 2012, where she was adviser to Administrator Karen Mills and oversaw the agency's loan programs. Before joining the SBA, Hulit spent 18 years in banking, serving as senior vice president for commercial lending at Citizens Bank, vice president and middle market lender at KeyBank, and manager ...
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Stamford, Connecticut
Stamford () is a city in the U.S. state of Connecticut, outside of Manhattan. It is Connecticut's second-most populous city, behind Bridgeport. With a population of 135,470, Stamford passed Hartford and New Haven in population as of the 2020 census. It is in the Bridgeport-Stamford-Norwalk-Danbury metropolitan statistical area, which is part of the New York City metropolitan area (specifically, the New York–Newark, NY–NJ–CT–PA Combined Statistical Area). As of 2019, Stamford is home to nine Fortune 500 companies and numerous divisions of large corporations. This gives it the largest financial district in the New York metropolitan region outside New York City and one of the nation's largest concentrations of corporations. Dominant sectors of Stamford's economy include financial services, tourism, information technology, healthcare, telecommunications, transportation, and retail. Its metropolitan division is home to colleges and universities including UConn Stamford ...
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Citizens Financial Group
Citizens Financial Group, Inc. is an American bank headquartered in Providence, Rhode Island, which operates in the states of Connecticut, Delaware, Florida, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Vermont, Virginia, and Washington, DC. Between 1988 and its 2014 initial public offering, Citizens was a wholly owned subsidiary of The Royal Bank of Scotland Group. The group sold its last 20.9% stake in the company in October 2015. Citizens operates 1,003 branches and 4 wealth centers as of June 22, 2022 and over 3,100 ATMs across 11 states under the Citizens Bank brand. Citizens ranks 17th on the List of largest banks in the United States as of the last day of Q1 2022. History Early history Citizens was established in 1828 as the High Street Bank in Providence, Rhode Island. In 1871, the Rhode Island legislature gave a second charter to establish the Citizens Savings Bank which eventually acquired its parent group to form Ci ...
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Bruce Van Saun
Citizens Financial Group, Inc. is an American bank headquartered in Providence, Rhode Island, which operates in the states of Connecticut, Delaware, Florida, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Vermont, Virginia, and Washington, DC. Between 1988 and its 2014 initial public offering, Citizens was a wholly owned subsidiary of The Royal Bank of Scotland Group. The group sold its last 20.9% stake in the company in October 2015. Citizens operates 1,003 branches and 4 wealth centers as of June 22, 2022 and over 3,100 ATMs across 11 states under the Citizens Bank brand. Citizens ranks 17th on the List of largest banks in the United States as of the last day of Q1 2022. History Early history Citizens was established in 1828 as the High Street Bank in Providence, Rhode Island. In 1871, the Rhode Island legislature gave a second charter to establish the Citizens Savings Bank which eventually acquired its parent group to form Ci ...
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Boston Fed Map
Boston (), officially the City of Boston, is the capital city, state capital and List of municipalities in Massachusetts, most populous city of the Commonwealth (U.S. state), Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th-List of United States cities by population, most populous city in the country. The city boundaries encompass an area of about and a population of 675,647 2020 U.S. Census, as of 2020. It is the seat of Suffolk County, Massachusetts, Suffolk County (although the county government was disbanded on July 1, 1999). The city is the economic and cultural anchor of a substantially larger metropolitan area known as Greater Boston, a metropolitan statistical area (MSA) home to a census-estimated 4.8 million people in 2016 and ranking as the tenth-largest MSA in the country. A broader combined statistical area (CSA), generally corresponding to the commuting area and includ ...
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The Federal Reserve
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System. Congress established three key objectives for monetary policy in the Federal Reserve Act: maximizing employment, stabilizing prices, and moderating long-term interest rates. The first two objectives are sometimes referred to as the Federal Reserve's dual mandate. Its duties have expanded over the years, and currently also include supervising and regulating banks, maintaining the stabili ...
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Boston Landmarks Commission
The Boston Landmarks Commission (BLC) is the historic preservation agency for the City of Boston. The commission was created by state legislation i1975 History Urban renewal in the United States started with the Housing Act of 1949, part of President Harry Truman's Fair Deal. In Boston, almost a third of the old city was demolished, including the historic West End, to make way for a new highway, low- and moderate-income high-rises, and new government and commercial buildings. The Boston Landmarks Commission was created by legislation in 1975 as a response to the mass demolitions, particularly the demolition of the Jordan Marsh Building on Washington Street. Built in the 1860s, the ornate building featured a well-known corner clock tower designed by Nathaniel J. Bradlee. Along with an entire row of annex buildings, the building was torn down in 1975 and replaced by a new building. Public outrage and grass roots protests influenced preservation legislation and sparked preservation a ...
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Boston Landmark
A Boston Landmark is a designation by the Boston Landmarks Commission for historic buildings and sites throughout the city of Boston based on the grounds that it has historical, social, cultural, architectural or aesthetic significance to New England or the United States. While National Historic Landmark, National Landmark or National Register status can provide tax incentives for the owner of an income-producing property, local landmark status provides more control over modifications to a designated historic structure or place. Criteria For a group to start a designation procedure, they first meet with Boston Landmarks Commission staff to discuss the petition process. Once a complete petition is submitted, a preliminary hearing is scheduled to determine if the Commission will accept the petition for further study. If the Commission accepts the petition, the building or site is added to the pending Landmarks list. Preparation of a study report on the proposed Landmark is the next st ...
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Langham Hotel Boston
Langham Hotel Boston is a luxury hotel in a historic building located at 250 Franklin Street in the financial district of Boston, Massachusetts. Constructed in 1922, with a 1953 addition, the architecturally significant structure was the first Federal Reserve Bank of Boston, and designated a Boston Landmark in 1978. In 2019 the hotel closed to undergo a complete renovation and re-opened its doors on June 30, 2021. The multimillion dollar renovation included all guestrooms, meeting space, two new restaurants, The Langham Club lounge, fitness center and indoor pool and all public areas. The Langham Hotel Boston is a member of the The Leading Hotels of the World and managed by Langham Hotels International. History The Langham is a Renaissance Revival style building constructed in 1922 to house the Federal Reserve Bank of Boston. The building was designed by R. Clipston Sturgis based on the Palazzo della Cancelleria, in Rome, with its granite exterior, life-size equestrian statues, ...
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Franklin Street (Boston)
Franklin Street (established ) is located in the Financial District of Boston, Massachusetts. It was developed at the end of the 18th century by Charles Bulfinch, and included the now-demolished Tontine Crescent and Franklin Place.Walter Muir Whitehill. Boston: a topographical history, 2nd ed. Cambridge, MA: Harvard University Press, 1968; p.52 Former tenants * George Melville Baker * Boston Library Society * Federal Street Theatre * Abram French & Co., crockery shop, 19th century * Holy Cross Church, Boston * Lee & Shepard Gallery Image:FederalStreetTheatre Boston ca1798.jpg, Federal St. Theatre, corner of Federal and Franklin St., c. 1798 Image:1814 CourtSt area Boston map Hales.png, Detail of 1814 map of Boston, showing Franklin St., Franklin Place, and vicinity Image:1825 Churchill Collamore FranklinSt Boston.png, Churchill, Collamore, & Co., China & Glass Warehouse, corner of Franklin and Washington St., c. 1825 Image:FranklinSt ca1830 Boston SimonsUPNE.png, Franklin St., ...
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