Company Overview of Federal Reserve Bank of Philadelphia, Inc.
Federal Reserve Bank of Philadelphia, Inc. operates as a decentralized central bank in eastern Pennsylvania, southern New Jersey, and Delaware. It engages in the formulation and implementation of monetary policy, supervising of banks and bank holding companies, and provision of financial services to depository institutions and the federal government. The company also provides various services, such as cash, check processing, electronic payments, electronic fund transfer, automated clearinghouse, distribution of coin and currency, and short-term loans to depository institutions, as well as loans to individuals, partnerships, and corporations. In addition, its constituency includes depository ...
Ten Independence Mall
Philadelphia, PA 19106-1574
Founded in 1914
Key Executives for Federal Reserve Bank of Philadelphia, Inc.
Chief Executive Officer and President
Chief Financial Officer and Senior Vice President
Chief Operating Officer and First Vice President
Chief Information Officer of Information Technology Services and Senior Vice President
Senior Vice President and General Counsel
Compensation as of Fiscal Year 2013.
Federal Reserve Bank of Philadelphia, Inc. Key Developments
Federal Reserve Bank of Philadelphia, Inc. Announces Appointments to Economic Advisory Council
Sep 19 13
The Federal Reserve Bank of Philadelphia announced the appointment of Ernest Dianastasis, managing director and principal, Computer Aid, Inc. (CAI); Chris Gheysens, president and CEO, Wawa, Inc.; Patrick Magri, senior vice president of managed markets and policy, Merck and Co., Inc.; and Michael Pearson, president, Union Packaging, LLC, to serve three-year terms on the Bank's Economic Advisory Council. The four new Economic Advisory Council appointees replace retiring members John A. Dawkins III, president and CEO of Jo-Dan Enterprises; Robert Laskowski, M.D., president and CEO of Christiana Care Health System; and Valerie J. Sill, CFA, president and CEO, chief investment officer of DuPont Capital Management. A fourth position, vacant since February 2013.
Federal Reserve Bank of Philadelphia Announces Officers Promotions
Jul 22 13
The Federal Reserve Bank of Philadelphia has announced the promotions of Jeanne R. Rentezelas to senior vice president and general counsel, Jake Lofton to officer in Cash Services, Pattie Scafide to officer in Financial Management Services, Kim Taylor to officer in Human Resources, and Linda Van Valkenburg to officer in Information Technology Services. Rentezelas joined the Bank in 2010 as vice president and general counsel in the Legal Department. In 2013, she assumed responsibility for Law Enforcement and Facilities Management in addition to the Legal Department. Before joining the FDIC, Rentezelas was counsel with Stradley, Ronon, Stevens and Young, LLP, in Cherry Hill, NJ. Earlier in her career, she served as vice president and senior assistant counsel at Popular Financial Holdings, Inc. in Marlton, NJ, from 2002-07.
Federal Reserve Bank of Philadelphia, Inc. Announces Officer Promotions
Jun 11 13
The Federal Reserve Bank of Philadelphia has announced the promotions of Charles Kirkland to assistant vice president in Financial Statistics, Heather Derbyshire to officer in Financial Statistics, Dawn Karlyn to officer in Treasury Services, and the transfer of Jack Kelly to assistant vice president in Enterprise Risk Management. Kirkland joined Financial Statistics in 1991 as a statistical reports analyst. He was promoted to statistics manager in 2006 and to officer in 2012. He currently serves on several Federal Reserve System work groups, including the Systems Statistics and Reserves Training Subcommittee and a work group on analytical tools, which he chairs. Derbyshire joined Financial Statistics in 2000 as a statistical reports analyst. She was promoted to statistics coordinator in 2005 and to statistics manager in 2012. She has served on a work group on data series migration as well as supported the Statistics and Reserves Modernization Communications Program. Karlyn joined the Bank as an auditor in 1982. After that, she served several departments in analytical and managerial roles, including Fiscal Services from 1983-93, Check Adjustments from 1993-94, Customer Services and Support from 1994-2004, and Treasury Services from 2004 to the present.
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