Federal Reserve Bank of New York salaries

Q: Is the pay good at Federal Reserve Bank of New York?

Yes, the pay is good at Federal Reserve Bank of New York. Compared to the industry average of $79,529 per year, the average annual salary at Federal Reserve Bank of New York is $92,408, which is 16.19% higher.

Q: What is the starting pay at Federal Reserve Bank of New York?

The starting pay at Federal Reserve Bank of New York is $52,000 per year, or $25.00 per hour.

Q: How much does Federal Reserve Bank of New York pay an hour?

Federal Reserve Bank of New York pays $44.43 an hour, on average.

Zippia score 4.7

Federal Reserve Bank of New York salary estimate

$92,408yearly

$44.43 hourly rate

Entry-level salary

$52,000 yearly salary

Updated December 15, 2025

Salaries at Federal Reserve Bank of New York

The Federal Reserve Bank of New York provides a range of salaries depending on the position and department. The overall average salary is $92,408 per year, but this figure masks significant variations across different roles. For instance, economists earn the highest average salary at $162,890, making this role particularly lucrative.

Other high-paying positions include credit union examiners, with an average of $158,404, and law clerks earning around $149,759. On the other end of the spectrum, entry-level roles, such as senior clerks, earn significantly less, averaging $32,771 annually.

Salaries by Department

When examining departmental salaries, the finance department emerges as the highest paying, with an average salary of $112,295. Engineering roles also offer competitive salaries, averaging $107,714. In contrast, administrative functions tend to offer lower compensation, typically around $48,744.

Understanding these salary dynamics can help potential employees gauge their earning potential at the Federal Reserve Bank of New York.

Highest paying jobs at Federal Reserve Bank of New York

The highest paying jobs at Federal Reserve Bank of New York are economist, credit union examiner, law clerk, and sharepoint architect. Economist jobs at Federal Reserve Bank of New York earn an average yearly salary of $162,890, Federal Reserve Bank of New York credit union examiner jobs average $158,404, and Federal Reserve Bank of New York law clerk jobs average $149,759.

The lowest paying Federal Reserve Bank of New York roles include senior clerk and internship. Federal Reserve Bank of New York senior clerk average salary is $32,771 per year. So while the average Federal Reserve Bank of New York salary is $92,408 there is a big variation in pay depending on the role.

Highest paying jobs at Federal Reserve Bank of New York

Rank	Job title	Average Federal Reserve Bank of New York salary	Hourly rate
1	Economist	$162,890	$78.31
2	Credit Union Examiner	$158,404	$76.16
3	Law Clerk	$149,759	$72.00
4	Sharepoint Architect	$143,046	$68.77
5	Director Of Staff Development	$125,099	$60.14
6	Bank Examiner	$125,065	$60.13
7	Senior Associate	$113,111	$54.38
8	Relationship Manager	$111,722	$53.71
9	Finance Associate	$106,861	$51.38
10	Human Resources Business Partner	$105,623	$50.78
11	Summer Analyst	$100,686	$48.41
12	Project Manager	$98,154	$47.19
13	Bank Officer	$97,566	$46.91
14	Business Analyst, Support	$91,410	$43.95
15	Network Administrator	$83,579	$40.18
16	Finance Analyst	$81,823	$39.34
17	Team Leader	$56,438	$27.13
18	Executive Assistant	$46,907	$22.55
19	Technical Support Specialist	$42,462	$20.41
20	Computer Operator	$38,832	$18.67

Rate Federal Reserve Bank of New York's promotion and raise policies.

Do you work at Federal Reserve Bank of New York?

Were you satisfied with Federal Reserve Bank of New York's salary and benefits?

Federal Reserve Bank of New York salaries by department

Salaries at Federal Reserve Bank of New York vary depending on the department you work in. Federal Reserve Bank of New York salaries in the finance department are the highest with an average salary of $112,295. Employees in the engineering department at Federal Reserve Bank of New York receive relatively high salaries as well, with an average salary of $107,714 per year. Departments that don't pay as well at Federal Reserve Bank of New York include the administrative and the retail organizational functions, with employees earning average salaries of $48,744 and $55,615, respectively.

Average Federal Reserve Bank of New York salary by department

Rank	Department	Average Federal Reserve Bank of New York salary	Hourly rate
1	Finance	$112,295	$53.99
2	Engineering	$107,714	$51.79
3	Business Development	$103,650	$49.83
4	Legal	$96,613	$46.45
5	Research & Development	$92,814	$44.62
6	IT	$91,179	$43.84
7	Plant/Manufacturing	$84,675	$40.71
8	Marketing	$82,814	$39.81
9	Non Profit/Government	$73,753	$35.46
10	Accounting	$70,235	$33.77
11	Customer Service	$69,609	$33.47
12	Human Resources	$64,821	$31.16
13	Retail	$55,615	$26.74
14	Administrative	$48,745	$23.44

How much does Federal Reserve Bank of New York pay by department?

Best paying Federal Reserve Bank of New York finance salaries

Rank	Position	Average Federal Reserve Bank of New York salary	Hourly rate
1	Senior Portfolio Manager	$182,987	$87.97
2	Investment Associate	$170,899	$82.16
3	Economist	$162,890	$78.31
4	Foreign Exchange Trader	$147,622	$70.97
5	Chief Risk Officer	$143,045	$68.77
6	Foreign Exchange Dealer	$138,880	$66.77
7	Risk Manager	$129,855	$62.43
8	Bank Examiner	$125,065	$60.13
9	At-Risk Specialist	$124,065	$59.65
10	Senior Examiner	$119,041	$57.23
11	Professional Services Consultant	$117,787	$56.63
12	Finance Associate	$106,861	$51.38
13	Summer Analyst	$100,686	$48.41
14	Bank Officer	$97,566	$46.91
15	Business Analyst, Support	$91,410	$43.95
16	Finance Analyst	$81,823	$39.34
17	Payment Processor	$33,605	$16.16

Best paying Federal Reserve Bank of New York IT salaries

Rank	Position	Average Federal Reserve Bank of New York salary	Hourly rate
1	Internal Audit Director	$160,202	$77.02
2	Infrastructure Engineer	$118,555	$57.00
3	Lead Data Architect	$117,256	$56.37
4	Systems Programmer	$117,142	$56.32
5	Senior Information Security Analyst	$116,690	$56.10
6	Senior Project Manager	$115,575	$55.56
7	Information Technology Project Manager	$114,825	$55.20
8	Securities Consultant	$112,380	$54.03
9	Unix Administrator	$103,657	$49.84
10	Supervisor, Technical Support	$99,759	$47.96
11	Consultant-Technical Trainer	$98,906	$47.55
12	Scrum Master	$96,544	$46.42
13	Systems Analyst	$95,401	$45.87
14	Deployment Specialist	$88,223	$42.41
15	Network Administrator	$83,579	$40.18
16	Management Associate	$81,778	$39.32
17	LAN Technician	$67,409	$32.41
18	PC Deployment Technician	$51,076	$24.56
19	Technical Support Specialist	$42,462	$20.41
20	Computer Operator	$38,832	$18.67

Best paying Federal Reserve Bank of New York administrative salaries

Rank	Position	Average Federal Reserve Bank of New York salary	Hourly rate
1	Contract Worker	$91,735	$44.10
2	Office Manager/Office Coordinator	$52,777	$25.37
3	Executive Assistant	$46,907	$22.55
4	Administrative Coordinator	$37,806	$18.18
5	Secretary	$37,416	$17.99
6	Administrative Assistant	$35,864	$17.24
7	Project Management Internship	$35,065	$16.86
8	Student Internship	$34,893	$16.78
9	Data Entry Clerk	$33,588	$16.15
10	Data Processor	$33,065	$15.90
11	Senior Clerk	$32,771	$15.76

Federal Reserve Bank of New York competitors’ average salaries

Average salaries at Federal Reserve Bank of New York competitors, like Morgan Stanley, Federal Reserve, and U.S. Securities and Exchange Commission, vary. Morgan Stanley employees earn the highest salaries, with an average yearly salary of $103,933. The average salary at Federal Reserve is $91,007 per year, and the average salary at U.S. Securities and Exchange Commission is $81,261 per year.

Highest paying Federal Reserve Bank of New York competitors

Rank	Company name	Zippia score	Average salary
1	Morgan Stanley	4.6	$103,933
2	Federal Reserve	4.4	$91,007
3	U.S. Securities and Exchange Commission	4.7	$81,261
4	Citi	4.6	$75,483
5	Federal Deposit Insurance	4.8	$71,995
6	Federal Reserve Bank of Boston	4.2	$71,017
7	New York Life Insurance	4.5	$62,006

Recently added Federal Reserve Bank of New York salaries

Job	Location	Date added	Salary
Law Enforcement Captain	New York, NY	06/09/2025	$135,000
Economic Research Economist	New York, NY	02/25/2025	$226,600
Law Enforcement Sergeant	New York, NY	02/15/2025	$95,000
Economic Research Analyst	New York, NY	02/05/2025	$226,600
Watch Engineer	Day, NY	01/16/2025	$110,600

Frequently asked questions about Federal Reserve Bank of New York salaries

Is the pay good at Federal Reserve Bank of New York?

What is the starting pay at Federal Reserve Bank of New York?

How much does Federal Reserve Bank of New York pay an hour?

Have more questions? See all answers to common company questions.

Search for jobs

Companies
New York
New York, NY
Federal Reserve Bank of New York
Federal Reserve Bank of New York Salaries

Updated December 15, 2025

Zippia gives an in-depth look into the details of Federal Reserve Bank of New York, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Federal Reserve Bank of New York. The employee data is based on information from people who have self-reported their past or current employments at Federal Reserve Bank of New York. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. None of the information on this page has been provided or approved by Federal Reserve Bank of New York. The data presented on this page does not represent the view of Federal Reserve Bank of New York and its employees or that of Zippia.

Federal Reserve Bank of New York may also be known as or be related to Federal Reserve Bank of New York.