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Additional information |
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Federal Reserve Bank of Kansas City |
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Mission statement:
We contribute to monetary policy, provide supervisory and regulatory oversight, and offer safe, reliable, and efficient financial services. |
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Overview:
The Federal Reserve Bank of Kansas City is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up our nation's central bank.
What we do
The Kansas City Fed fosters the stability, integrity and efficiency of the nation's monetary, financial and payments systems to promote a stable, healthy economy. We do this through three areas:
Monetary Policy
We contribute to the formulation and implementation of monetary policy that promotes financial stability and sustainable economic growth.
How do we do this? The Fed manages the nation's system of money and credit. Monetary policy influences economic growth, maximum employment rates, interest rates, prices and the value of a dollar. Research staff at the Kansas City Fed, along with the other Reserve Banks, monitors regional economic conditions to provide grassroots input at a national level, where decisions are made on the interest rates charged to financial institutions when they borrow from the Federal Reserve.
Supervision and Regulation
We provide supervisory and regulatory oversight to financial institutions in a way that fosters a sound, accessible and competitive financial system that inspires trust.
How do we do this? We supervise state chartered banks that choose to be members of the Federal Reserve System, trust companies, data processing centers that service state member banks, and bank and financial holding companies, which control one or more commercial banks. This protects you as a consumer. The Kansas City Fed's geographic region has a high concentration of community banks, making our Reserve Bank's supervision and regulation work somewhat unique to the others'.
Financial Services
We promote a safe and efficient payments system, while providing high-quality, innovative financial services to depository institutions, the U.S. Treasury and the public.
How do we do this? The Fed monitors the region's demand for currency and coin. We distribute currency and coin to banks, replace worn and damaged notes, help detect counterfeit notes, and more. The Fed also serves as a bank for the U.S. government and Treasury by issuing, servicing and redeeming securities, including savings bond and income tax refunds. At the Kansas City Fed, specifically, staff members process funds and securities transfers and provide customer service to financial institutions nationwide that purchase Federal Reserve products. |
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Vision:
We work to inspire financial institutions, the public, and central bank colleagues to have trust and confidence in us. |
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