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Working At Federal Reserve Bank of Boston

Zippia Score 3.8

Federal Reserve Bank of Boston overview

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 Fairf...
The staff at Federal Reserve Bank of Boston come from unusually diverse demographic backgrounds. The company is 43.0% female and 37.0% ethnic minorities. Despite its diversity in other areas, Federal Reserve Bank of Boston employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 81.2%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Federal Reserve Bank of Boston has great employee retention with staff members usually staying with the company for 3.8 years. The average employee at Federal Reserve Bank of Boston makes $84,938 per year, which is competitive for its industry and location. Some of its highest paying competitors, Open Systems Technologies, RAND, and The Standard, pay $106,554, $89,139, and $84,594, respectively.
Based in Boston, Massachusetts, Federal Reserve Bank of Boston is a key player in the professional industry with 1,200 employees and an annual revenue of $3.9M.

The Organization’s Mission

To promote sound economic growth and financial stability in the New England area and the United States.

Industry

Professional Services

Revenue

$3.9M

Employees

1,200

Founded in

1914

Headquarters

Boston, MA

Website

bostonfed.org

Website

bostonfed.org

Organization Type

Private

Is This Your Company?

The team at Federal Reserve Bank of Boston

Key People
  • Cathy Minehan (CEO)

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Federal Reserve Bank of Boston Salaries

How much does Federal Reserve Bank of Boston pay?
The national average salary for a Federal Reserve Bank of Boston employee in the United States is $84,938 per year. Employees in the top 10 percent can make over $151,000 per year, while employees at the bottom 10 percent earn less than $47,000 per year.
8.8
Salary Score
Average Employee Earnings

Federal Reserve Bank of Boston Salaries By Job Title

The average employee at Federal Reserve Bank of Boston earns a yearly salary of $84,938 per year, but different jobs can earn drastically different salaries. Some of the positions that earn high wages at Federal Reserve Bank of Boston include Application Services Manager, Manager, Network & Security, Enterprise Data Architect, and Database Administration Manager. A typical Application Services Manager salary at Federal Reserve Bank of Boston is $130,280. Some of the other roles at Federal Reserve Bank of Boston are Settlement Clerk and Check Processing Clerk. A worker with the title Settlement Clerk at Federal Reserve Bank of Boston earns an average salary of $32,852 per year.

Federal Reserve Bank of Boston careers

On average, employees at Federal Reserve Bank of Boston stay with the company for 3.8 years. Employees most commonly join Federal Reserve Bank of Boston after leaving Bank of America. When they leave Federal Reserve Bank of Boston, they most frequently get their next job at Bank of America.

Average Length of Employment

Federal Reserve Bank of Boston

3.8 years
The Standard3.5 years
Top Employers Before Federal Reserve Bank of Boston
Dell7.1 %
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Top Employers After Federal Reserve Bank of Boston
MetLife8.1 %
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Federal Reserve Bank of Boston Employee Political Affiliation

Federal Reserve Bank of Boston employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Federal Reserve Bank of Boston employee was by Matt Pritsker. Matt Pritsker donated $2,700 to the Democratic Party.

Democratic Party

81.3 %

Republican Party

18.8 %

Employee Political Donations

NameDonation
Matt PritskerEconomist
$2,700Democratic Party
Richard StagnoneInformation Technology Manager
$675Democratic Party
Joseph HedrickBanking
$500Democratic Party
Song TeaComputer Engineer
$500Democratic Party
Michelle FraymanEngineering Technician
$401Democratic Party
Erin GravesResearcher
$375Democratic Party
Andrew ApostolosAnalyst
$350Democratic Party
Riley SullivanPolicy Analyst
$330Democratic Party
Noam TannerEconomist
$302Republican Party
Katharine BradburyEconomist Research Assistant
$300Democratic Party
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Federal Reserve Bank of Boston Financial Performance

4.4
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

< $5M

Founded in

1914

Organization type

Private

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Federal Reserve Bank of Boston Competitors

Competitors of Federal Reserve Bank of Boston include Open Systems Technologies, RAND Corporation, and The Standard. Employees at Open Systems Technologies earn more than most of the competition, with an average yearly salary of $106,554. The employees at RAND Corporation earn an average yearly salary of $89,139 per year, and the salaries at The Standard average $84,594 per year.

Frequently Asked Questions about Federal Reserve Bank of Boston

When was Federal Reserve Bank of Boston founded?

Federal Reserve Bank of Boston was founded in 1914.

How many Employees does Federal Reserve Bank of Boston have?

Federal Reserve Bank of Boston has 1,200 employees.

How much money does Federal Reserve Bank of Boston make?

Federal Reserve Bank of Boston generates $3.9M in revenue.

What industry is Federal Reserve Bank of Boston in?

Federal Reserve Bank of Boston is in the professional services industry.

What is Federal Reserve Bank of Boston's mission?

Federal Reserve Bank of Boston's mission statement is "To promote sound economic growth and financial stability in the New England area and the United States."

What type of company is Federal Reserve Bank of Boston?

Federal Reserve Bank of Boston is a private company.

Who are Federal Reserve Bank of Boston's competitors?

Federal Reserve Bank of Boston competitors include Federal Reserve Bank of San Francisco, Federal Reserve Bank of Atlanta, The Standard, Jack Henry & Associates, FIS, Sutherland Global Services Inc., World Bank, Stream Realty Partners, ACS Inc., BCS, Vertex, U.S. Department of the Interior, ICF, Trustmark, CIS, Open Systems Technologies, MSS, RAND Corporation, Veritude, LLC, A T Systems Inc..

Who works at Federal Reserve Bank of Boston?

Cathy Minehan (CEO)

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You can find out what it is like to work at Federal Reserve Bank of Boston, also known as FEDERAL RESERVE BANK OF BOSTON INC, Federal Reserve Bank Boston, Federal Reserve Bank of Boston, Federal Reserve Bank of Boston Inc and Federal Reserve Bank of Boston Inc..

Zippia gives an in-depth look into the details of Federal Reserve Bank of Boston, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Federal Reserve Bank of Boston. The employee data is based on information from people who have self-reported their past or current employments at Federal Reserve Bank of Boston. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Federal Reserve Bank of Boston and its employees or that of Zippia.