St. Louis Federal Reserve Bank

The Federal Reserve Bank of St. Louis is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the United States' central bank. Missouri is the only state to have two main branches of Federal Reserve Banks. (Kansas City also has a bank.) Located in downtown St. Louis, the St. Louis Fed is the headquarters of the Eighth Federal Reserve District, which includes the state of Arkansas and portions of Illinois, Indiana, Kentucky, Mississippi, the eastern half of Missouri and West Tennessee. It has branches in Little Rock, Louisville and Memphis. Its building, at 411 Locust Street, was designed by St. Louis firm Mauran, Russell & Crowell in 1924. The Eighth District serves as a center for local, national and global economic research, and provides the following services: supervisory and regulatory services to state-member banks and bank holding companies; cash and coin-handling for the District and beyond; economic education; and community development resources.

The following people serve on the board of directors as of May 17, 2017. All terms expire Dec. 31.

(Chair)

(Deputy Chair)

James Bullard took office as president and chief executive officer of the Federal Reserve Bank of St. Louis in April 2008. He directs the activities of the bank’s head office in St. Louis as well as its three branches in Little Rock, Louisville and Memphis. In addition, he participates in the Federal Open Market Committee (FOMC), the Federal Reserve’s principal monetary policymaking body. Bullard is an accomplished economic theorist, whose fundamental contributions to monetary economics and policy analysis are highly regarded in the profession. Bullard joined the research division of the Federal Reserve Bank of St. Louis in 1990 and attained positions of increasing responsibility. Prior to being appointed president, he was deputy director of research for monetary analysis.

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