Will AI Investments Pay Off?

Artificial intelligence is taking root in the workplace and beyond

Fifth District Snapshot: Labor Market Data Updated

Join Us for District Dialogues: Understanding the K-Shaped Economy

The Connection Between Health and Employment in Rural Communities

"The Richmond Fed Success Rate is a measure of student success that takes into consideration the unique way that community colleges help their students find success and tries to capture pathways that traditional metrics might exclude."

Davy Sell

Research Analyst

Speaking of the Economy Podcast, Tracking Pathways to Success at Community Colleges

Listen to the episode >

Events Calendar

May 12, 2026

District Dialogues: Understanding the K-Shaped Economy

2:30 p.m. – 5 p.m. ET

Richmond Office
Richmond, VA and Virtual

May 18, 2026

Core Week

Richmond Office
Richmond, VA

June 24, 2026

2026 State of Small Business Symposium

1 p.m. – 1:15 p.m. ET

Federal Reserve Bank of Cleveland
Cleveland, OH

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Who We Are and What We Do

As a regional Reserve Bank, the Richmond Fed works to strengthen the economy and the Fifth District communities we serve by helping to carry out the day-to-day operations of the Fed. Here's how we do it:

Keep Cash and Payments Flowing

We help keep the country’s electronic payment system running and make sure banks have enough cash and coin to do business.

Represent the Regional Economy

We represent our region in national monetary policy discussions that aim to keep prices and employment stable.

Engage in Our Local Communities

We listen and learn from regional voices, and we provide economic education and community development resources in support of a stronger economy for all.

Contribute Specialized Knowledge

We share our unique expertise with the Federal Reserve System, like the work we do to understand and uplift the economies of rural areas and small towns.

By the Numbers

250

million dollars in cash is processed daily at our Richmond, Baltimore and Charlotte branches, ensuring only authentic, circulation-ready currency remains in use.

Learn more >