Federalreserve.gov - SEO Checker

Overview of the SEO Check
Meta information
97% 
Page quality
47% 
Page structure
95% 
Link structure
30% 
Server
100% 
External factors
100% 
SEO Score
Response time
0.32 s
File size
87.60 kB
Words
1361
Media files
10
Number of links
243 internal / 19 external

Task list of SEO Improvements

Meta specifications

Title
(Critically important)
Federal Reserve Board - Home
The length of the page title is perfect. (282 pixels out of 580 max pixel length)
There are no duplicate words in the title
Meta description
(Critically important)
The Federal Reserve Board of Governors in Washington DC.
The length of the meta description is perfect. (376 pixels out of 1000 max pixel length)
Crawlability
(Critically important)
There are no problems in accessing the website.
Canonical URL
(Important)
No canonical link is specified.
Language
(Somewhat important)
Language detected in text: en
Language defined in HTML: en
Server location: United States of America
The following language is defined by HTML: en
Alternate/Hreflang Links
(Somewhat important)
There are no alternate links specified on this page.
Other meta tags
(Somewhat important)
There is no rel next meta tag on this page.
There is no rel prev meta tag on this page.
Domain
(Somewhat important)
The domain is no subdomain.
The domain length is good.
The domain does not contain non-latin characters.
Page URL
(Somewhat important)
No parameters were found in the URL.
No session ID was found in the URL.
The URL does not have too many subdirectories.
Charset encoding
(Somewhat important)
The character encoding is not specified in the HTTP header.
The charset encoding (UTF-8) is set correctly.
Doctype
(Nice to have)
The doctype HTML 5 is set correctly.
The doctype is placed at first in the HTML code.
Favicon
(Nice to have)
No favicon is linked in the HTML code.

Meta tags

NameValue
viewportwidth=device-width, initial-scale=1.0, minimum-scale=1.0 maximum-scale=1.6, user-scalable=1
keywordsBoard of Governors of the Federal Reserve System, Federal Reserve Board of Governors, Federal Reserve Board, Federal Reserve
descriptionThe Federal Reserve Board of Governors in Washington DC.
langen
twitter:cardsummary
twitter:titleHome
twitter:imagehttps://www.federalreserve.gov/images/social-media/social-default-image-twitter.jpg
twitter:image:altBoard of Governors of the Federal Reserve System
twitter:descriptionThe Federal Reserve Board of Governors in Washington DC.
og:typearticle
og:titleHome
og:imagehttps://www.federalreserve.gov/images/social-media/social-default-image-opengraph.jpg
og:image:altBoard of Governors of the Federal Reserve System
og:descriptionThe Federal Reserve Board of Governors in Washington DC.
og:urlhttps://www.federalreserve.gov/default.htm
X-UA-CompatibleIE=edge
charsetutf-8

Test up to 1.000 webpages of federalreserve.gov with our free plan!

Try For Free
No trial. It's just free!

Page quality

Content
(Critically important)
The average number of words per sentence of 41 words is high.
This page contains 1361 words. That's ok.
18.1% of the text are stop words.
Keywords used in the page title are also used in the page content. That's good!
Words from the H1 heading are used in the page content.
The page contains a listing, which indicates a good text layout.
7 paragraphs were found on this page.
The text content is perfect.
No placeholders texts or images were found.
There are no duplicates on the site.
Frames
(Critically important)
This page does not use a frameset.
Mobile optimization
(Somewhat important)
No Apple touch icon is specified.
A viewport "width=device-width, initial-scale=1.0, minimum-scale=1.0 maximum-scale=1.6, user-scalable=1" is provided.
Bold and strong tags
(Somewhat important)
The amount of tags is very high (47). We recommend using a maximum of 27 tags for this page.
The following tag is repeated too often: reports
Image SEO
(Somewhat important)
Alt text (alternative text) is correctly used on all found images.
Social Networks
(Nice to have)
There are only a few social sharing widgets on the page. Make your website popular in social networks with social sharing widgets.
Additional markup
(Nice to have)
No additional page markup was found.
HTTPS
(Somewhat important)
This website uses HTTPS to protect privacy and integrity of the exchanged data.
All included files are also transferred via HTTPS.

Media list

URLAlt attributeTitle
/images/hmpg-function-banner-final.jpgThe Federal Reserve Explained
/images/Econ-dis-home-gfx-sm2.pngFederal Reserve's Work Related to Economic Disparities
/images/hm-pg-Fed-Now-FAQ-sm-2023_v2.pngWhat is FedNow? Learn more
/images/monetary-poly-home-gfx-sm.jpgReview of Monetary Policy Strategy, Tools, and Communications
/images/home-pg-svb-report-grx-sm.pngImage of stack of papers on purple circle with purple background next to "Review of the Federal Reserve's Supervision and Regulation of Silicon Valley Bank. Learn more."
/images/fomc-callout.jpgThe FOMC Calendar
/images/cep-homepage-grx.jpgU.S. Currency Education Program
/images/[email protected]Link to USA.gov
/images/[email protected]Link to Open.gov

Page structure

H1 heading
(Critically important)
Board of Governors of the Federal Reserve System
The H1 heading is perfect.
Headings
(Important)
Some headings occur twice on the page.

Heading structure

Heading levelContent
H1 Board of Governors of the Federal Reserve System
H2 Recent Developments
H3 Select Statistical Releases
H4 Central Bank Digital Currency (CBDC)
H4 Fed Listens
H4 Funding, Credit, Liquidity, and Loan Facilities and Reporting
H4 Capital One-Discover Application and related materials
H4 Innovation
H4 Proposals for Comment
H5 Federal Reserve Consumer Help
H6 Board of Governors of the Federal Reserve System Duplicate text
H6 Tools and Information
H6 Stay Connected
Some internal link anchor texts are too long.
Some internal links have dynamic parameters. All internal URLs, which are not marked as nofollow, should not contain dynamic parameters.
Some anchor texts are used more than once.
The number of internal links is ok.
There are 19 external links on this page.
LinkAttributesAnchor text
https://www.federalreserve.gov/Anchor Skip to main content
/default.htmBack to Home
/default.htmBoard of Governors of the Federal Reserve System
A-TITLE Link to Home Page
https://www.facebook.com/feder...External Subdomain Federal Reserve Facebook Page
https://www.instagram.com/fede...External Subdomain Federal Reserve Instagram Page
https://www.youtube.com/federa...External Subdomain Federal Reserve YouTube Page
https://www.flickr.com/photos/...External Subdomain Federal Reserve Flickr Page
https://www.linkedin.com/compa...External Subdomain Federal Reserve LinkedIn Page
https://www.threads.net/@feder...External Subdomain Federal Reserve Threads Page
https://twitter.com/federalres...External Federal Reserve Twitter Page
/feeds/feeds.htmSubscribe to RSS
/subscribe.htmSubscribe to Email
/recentpostings.htmRecent Postings
/newsevents/calendar.htmCalendar
/publications.htmPublications
/sitemap.htmSite Map
/azindex.htmA-Z index
/careers.htmCareers
/faqs.htmFAQs
/videos.htmVideos
/aboutthefed/contact-us-topics...Contact
https://www.fedsearch.org/boar...External Subdomain Advanced
/default.htmBoard of Governors of the Federal Reserve System The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and s...
A-TITLE Link to Home Page
/aboutthefed.htmAbout the Fed
/aboutthefed/structure-federal...Structure of the Federal Reserve System
/aboutthefed/the-fed-explained...The Fed Explained
/aboutthefed/bios/board/defaul...Board Members
/aboutthefed/advisorydefault.htmAdvisory Councils
/aboutthefed/federal-reserve-s...Federal Reserve Banks
/aboutthefed/directors/about.htmFederal Reserve Bank and Branch Directors
/aboutthefed/fract.htmFederal Reserve Act
/aboutthefed/currency.htmCurrency
/aboutthefed/boardmeetings/mee...Board Meetings
/aboutthefed/boardvotes.htmBoard Votes
/aboutthefed/diversityinclusio...Diversity & Inclusion
/careers.htmText duplicate Careers
/aboutthefed/procurement/about...Do Business with the Board
/aboutthefed/k8.htmHolidays Observed - K.8
/aboutthefed/ethics-values.htmEthics & Values
/aboutthefed/contact-us-topics...Text duplicate Contact
/foia/about_foia.htmRequesting Information (FOIA)
/faqs.htmText duplicate FAQs
/aboutthefed/educational-tools...Economic Education
/aboutthefed/fed-financial-sta...Fed Financial Statements
/aboutthefed/innovation.htmInnovation
/newsevents.htmNews & Events
/newsevents/pressreleases.htmPress Releases
/newsevents/speeches.htmSpeeches
/newsevents/testimony.htmTestimony
/newsevents/calendar.htmText duplicate Calendar
/videos.htmText duplicate Videos
/photogallery.htmPhoto Gallery
/conferences.htmConferences
/monetarypolicy.htmMonetary Policy
/monetarypolicy/fomc.htmAbout the FOMC
/monetarypolicy/fomccalendars.htmMeeting calendars and information
/monetarypolicy/fomc_historica...Transcripts and other historical materials
/monetarypolicy/fomc_projectio...Text duplicate FAQs
/monetarypolicy/monetary-polic...Notes
/monetarypolicy/policy-normali...Policy Normalization
/monetarypolicy/policytools.htmPolicy Tools
/monetarypolicy/publications/m...Monetary Policy Report
/monetarypolicy/publications/b...Beige Book
/monetarypolicy/publications/b...Federal Reserve Balance Sheet Developments
/monetarypolicy/review-of-mone...Overview
/supervisionreg.htmSupervision & Regulation
/supervisionreg/novel-activiti...Novel Activities Supervision Program
/supervisionreg/community-and-...Community & Regional Financial Institutions
/supervisionreg/large-financia...Large Financial Institutions
/supervisionreg/foreign-bankin...Foreign Banking Organizations
/supervisionreg/financial-mark...Financial Market Utilities
/supervisionreg/consumer-compl...Consumer Compliance
/publications/supervision-and-...Federal Reserve Supervision and Regulation Report
/apps/reportingformsAll Reporting Forms
/supervisionreg/reporting-form...Recent Updates
/apps/reportingforms/home/reviewInformation collections under review
/apps/ReportingForms/?reportTy...Financial Statements
/apps/ReportingForms/?reportTy...Applications/structure change
/apps/ReportingForms/?reportTy...Federal Financial Institutions Examination Council (FFIEC)
/apps/ReportingForms/?reportTy...Municipal & Government Securities
/supervisionreg/srletters/srle...By Year
/supervisionreg/topics/topics.htmBy Topic
/supervisionreg/application-pr...Application Process
/supervisionreg/board-and-rese...Board & Reserve Bank Action
/supervisionreg/legal-developm...Enforcement Actions & Legal Developments
/supervisionreg/reglisting.htmRegulations
/publications/supmanual.htmManuals
/supervisionreg/basel/basel-de...Basel Regulatory Framework
/supervisionreg/volcker-rule.htmVolcker Rule
/supervisionreg/training-and-a...Education, Training, and Assistance
/apps/reportforms/insider.aspxBeneficial Ownership reports
/releases/lbr/Large Commercial Banks
/releases/iba/U.S. Offices of Foreign Entities
/supervisionreg/fhc.htmFinancial Holding Companies
/supervisionreg/isb-default.htmInterstate Branching
/supervisionreg/suds.htmSecurities Underwriting & Dealing Subsidiaries
/supervisionreg/minority-depos...Minority Depository Institutions
/financial-stability.htmFinancial Stability
/financial-stability/what-is-f...About Financial Stability
/financial-stability/types-of-...Types of Financial System Vulnerabilities & Risks
/financial-stability/monitorin...Monitoring Risk Across the Financial System
/financial-stability/proactive...Proactive Monitoring of Markets & Institutions
/financial-stability/financial...Financial Stability & Stress Testing
/financial-stability/respondin...Responding to Financial System Emergencies
/financial-stability/cooperati...Cooperation on Financial Stability
/publications/financial-stabil...Financial Stability Report
/paymentsystems.htmPayment Systems
/paymentsystems/regcc-about.htmRegulation CC (Availability of Funds and Collection of Checks)
/paymentsystems/regii-about.htmRegulation II (Debit Card Interchange Fees and Routing)
/paymentsystems/reghh-about.htmRegulation HH (Financial Market Utilities)
/paymentsystems/other-regulati...Other Regulations and Statutes
/paymentsystems/pfs_about.htmFederal Reserve's Key Policies for the Provision of Financial Services
/paymentsystems/joint_requests...Guidelines for Evaluating Joint Account Requests
/paymentsystems/oo_about.htmOvernight Overdrafts
/paymentsystems/psr_about.htmPayment System Risk
/paymentsystems/telecomm.htmSponsorship for Priority Telecommunication Services
/paymentsystems/fedach_about.htmAutomated Clearinghouse Services
/paymentsystems/check_about.htmCheck Services
/paymentsystems/coin_about.htmCurrency and Coin Services
/paymentsystems/psr_data.htmDaylight Overdrafts and Fees
/paymentsystems/fednow_about.htmFedNow® Service
/paymentsystems/fedfunds_about...Fedwire Funds Services
/paymentsystems/fedsecs_about.htmFedwire Securities Services
/paymentsystems/fisagy_about.htmFiscal Agency Services
/paymentsystems/master-account...Master Account and Services Database
/paymentsystems/natl_about.htmNational Settlement Service
/paymentsystems/over_about.htmSupervision & Oversight of Financial Market Infrastructures
/paymentsystems/designated_fmu...Designated Financial Market Utilities
/paymentsystems/int_standards.htmInternational Standards for Financial Market Infrastructures
/paymentsystems/fr-payments-st...Federal Reserve Payments Study (FRPS)
/paymentsystems/payres_about.htmPayments Research
/paymentsystems/reports.htmReports
/paymentsystems/pspa_committee...Payments System Policy Advisory Committee
/econres.htmEconomic Research
/econres/researchers.htmMeet the Researchers
/econres/feds/index.htmFinance and Economics Discussion Series (FEDS)
/econres/notes/feds-notes/defa...FEDS Notes
/econres/ifdp/index.htmInternational Finance Discussion Papers (IFDP)
/econres/economic-research-dat...Economic Research Data
/econres/us-models-about.htmFRB/US Model
/econres/edo-models-about.htmEstimated Dynamic Optimization (EDO) Model
/econres/scfindex.htmSurvey of Consumer Finances (SCF)
/data.htmData
/datadownloadData Download Program
/releases/h3/current/default.htmAggregate Reserves of Depository Institutions and the Monetary Base - H.3
/releases/h8/current/default.htmAssets and Liabilities of Commercial Banks in the U.S. - H.8
/data/assetliab/current.htmAssets and Liabilities of U.S. Branches and Agencies of Foreign Banks
/releases/chargeoff/Charge-Off and Delinquency Rates on Loans and Leases at Commercial Banks
/data/sfos/sfos.htmSenior Financial Officer Survey
/data/sloos.htmSenior Loan Officer Opinion Survey on Bank Lending Practices
/releases/lbr/Text duplicate Large Commercial Banks
/supervisionreg/minority-depos...Text duplicate Minority Depository Institutions
/releases/iba/default.htmStructure and Share Data for the U.S. Offices of Foreign Banks
/releases/cp/Commercial Paper
/releases/g20/current/default.htmFinance Companies - G.20
/data/govsecure/current.htmNew Security Issues, State and Local Governments
/data/corpsecure/current.htmNew Security Issues, U.S. Corporations
/data/scoos.htmSenior Credit Officer Opinion Survey on Dealer Financing Terms
/releases/h10/current/Foreign Exchange Rates - H.10/G.5
/data/intlsumm/current.htmInternational Summary Statistics
/data/secholdtrans/current.htmSecurities Holdings and Transactions
/data/statbanksus/current.htmStatistics Reported by Banks and Other Financial Firms in the United States
/releases/iba/default.htmStructure and Share Data for U.S. Offices of Foreign Banks
/releases/z1/default.htmFinancial Accounts of the United States - Z.1
/releases/g19/current/default.htmConsumer Credit - G.19
/releases/housedebt/default.htmHousehold Debt Service and Financial Obligations Ratios
/data/mortoutstand/current.htmMortgage Debt Outstanding
/econres/scfindex.htmText duplicate Survey of Consumer Finances (SCF)
/consumerscommunities/shed.htmSurvey of Household Economics and Decisionmaking
/releases/g17/current/default.htmIndustrial Production and Capacity Utilization - G.17
/releases/h15/Selected Interest Rates - H.15
/data/mdrm.htmMicro and Macro Data Collections
/releases/h41/Factors Affecting Reserve Balances - H.4.1
/releases/h6/current/default.htmMoney Stock Measures - H.6
/data/yield-curve-models.htmYield Curve Models and Data
/consumerscommunities.htmConsumers & Communities
/consumerscommunities/cra_abou...Community Reinvestment Act (CRA)
/supervisionreg/reglisting.htmAll Regulations
/supervisionreg/caletters/cale...CA Letters
/apps/enforcementactions/defau...Enforcement Actions
/consumerscommunities/independ...Independent Foreclosure Review
/consumerscommunities/neighbor...Housing and Neighborhood Revitalization
/consumerscommunities/small-bu...Small Business and Entrepreneurship
/consumerscommunities/workforc...Employment and Workforce Development
/consumerscommunities/cdf.htmCommunity Development Finance
/consumerscommunities/rural-co...Rural Community and Economic Development
/conferences.htmText duplicate Conferences
/consumerscommunities/shed.htmText duplicate Survey of Household Economics and Decisionmaking
/consumerscommunities/communit...Research Publications & Data Analysis
/aboutthefed/cac.htmCommunity Advisory Council
/consumerscommunities/foreclos...Mortgage and Foreclosure Resources
/consumerscommunities/comm-dev...Federal Reserve Community Development Resources
/newsevents/pressreleases/enfo...Federal Reserve Board issues enforcement action
/newsevents/speech/bowman20240...Speech by Governor Bowman on the future of stress testing and the stress capital buffer framework
/newsevents/speech/barr2024091...Speech by Vice Chair for Supervision Barr on the Basel III endgame
/newsevents/speech/waller20240...Speech by Governor Waller on the economic outlook
/newsevents/pressreleases/bcre...Federal Reserve Board requests comment around operational practices of the discount window
/monetarypolicy/publications/b...Text duplicate Beige Book
/newsevents/pressreleases/enfo...Federal Reserve Board issues enforcement actions
/newsevents/pressreleases/bcre...Federal Reserve Board announces final individual capital requirements for all large banks, effective on October 1
/aboutthefed/fedexplained/who-...Subdomain IMG-ALT The Federal Reserve Explained
/newsevents/economic-dispariti...IMG-ALT Federal Reserve's Work Related to Economic Disparities
/paymentsystems/fednow_faq.htmIMG-ALT What is FedNow? Learn more
/monetarypolicy/review-of-mone...Subdomain IMG-ALT Review of Monetary Policy Strategy, Tools, and Communications
/publications/review-of-the-fe...IMG-ALT Image of stack of papers on purple circle with purple background next to "Review of the Federal Reserve's Supervision and Regulation of Silicon Valley Bank. ...
/central-bank-digital-currency...Subdomain Central Bank Digital Currency (CBDC)
/publications/money-and-paymen...Subdomain Money and Payments: The U.S. Dollar in the Age of Digital Transformation
/conferences/fed-listens-trans...Subdomain Fed Listens
/covid-19.htmSubdomain Funding, Credit, Liquidity, and Loan Facilities and Reporting
/foia/capital-one-discover-app...Subdomain Capital One-Discover Application and related materials
/aboutthefed/innovation.htmText duplicate Innovation
/apps/foia/proposedregs.aspxSubdomain Proposals for Comment
/datadownload/Choose.aspx?rel=G19Subdomain DDP for Consumer Credit - G.19
A-TITLE Data Download for Consumer Credit - G.19
/releases/g19/current/default.htmText duplicate Consumer Credit - G.19
/datadownload/Choose.aspx?rel=G17Subdomain DDP for Industrial Production and Capacity Utilization - G.17
A-TITLE Data Download for Industrial Production and Capacity Utilization - G.17
/releases/g17/Current/default.htmSubdomain Text duplicate Industrial Production and Capacity Utilization - G.17
/datadownload/Choose.aspx?rel=H41Subdomain DDP for Factors Affecting Reserve Balances - H.4.1
A-TITLE Data Download for Factors Affecting Reserve Balances - H.4.1
/releases/h41/Text duplicate Factors Affecting Reserve Balances - H.4.1
/datadownload/Choose.aspx?rel=H6Subdomain DDP for Money Stock Measures - H.6
A-TITLE Data Download for Money Stock Measures - H.6
/releases/h6/current/default.htmText duplicate Money Stock Measures - H.6
/datadownload/Choose.aspx?rel=CPSubdomain DDP for Commercial Paper
A-TITLE Data Download for Commercial Paper
/releases/cp/Text duplicate Commercial Paper
/datadownload/Build.aspx?rel=Z1Subdomain DDP for Financial Accounts of the United States - Z.1
A-TITLE Data Download for Financial Accounts of the United States - Z.1
/apps/fof/Subdomain FOF for Financial Accounts of the United States - Z.1
/releases/z1/current/default.htmText duplicate Financial Accounts of the United States - Z.1
/datadownload/Choose.aspx?rel=H15Subdomain DDP for Selected Interest Rates - H.15
A-TITLE Data Download for Selected Interest Rates - H.15
/releases/h15/Text duplicate Selected Interest Rates - H.15
https://www.federalreservecons...External Subdomain Federal Reserve Consumer Help
/monetarypolicy/fomccalendars.htmSubdomain IMG-ALT The FOMC Calendar
https://www.uscurrency.gov/External Subdomain IMG-ALT U.S. Currency Education Program
/aboutthefed.htmText duplicate About the Fed
/newsevents.htmText duplicate News & Events
/monetarypolicy.htmText duplicate Monetary Policy
/supervisionreg.htmText duplicate Supervision & Regulation
/financial-stability.htmText duplicate Financial Stability
/paymentsystems.htmText duplicate Payment Systems
/econres.htmText duplicate Economic Research
/data.htmText duplicate Data
/consumerscommunities.htmText duplicate Consumers & Communities
/aboutthefed/aroundtheboard/st...Connect with the Board
/aboutthefed/contact-us-topics...Text duplicate Contact
/publications.htmText duplicate Publications
/foia/about_foia.htmFreedom of Information (FOIA)
https://oig.federalreserve.gov/External Subdomain Office of Inspector General
/publications/annual-report.htmBudget & Performance
/regreform/audit.htmAudit
/eeo.htmNo FEAR Act
/espanol.htmEspañol
/website-linking-policies.htmWebsite Policies
/privacy.htmPrivacy Program
/accessibility.htmAccessibility
https://www.facebook.com/feder...External Subdomain Text duplicate Federal Reserve Facebook Page
https://www.instagram.com/fede...External Subdomain Text duplicate Federal Reserve Instagram Page
https://www.youtube.com/federa...External Subdomain Text duplicate Federal Reserve YouTube Page
https://www.flickr.com/photos/...External Subdomain Text duplicate Federal Reserve Flickr Page
https://www.linkedin.com/compa...External Subdomain Text duplicate Federal Reserve LinkedIn Page
https://www.threads.net/@feder...External Subdomain Text duplicate Federal Reserve Threads Page
https://twitter.com/federalres...External Link to Federal Reserve Twitter Page
/feeds/feeds.htmText duplicate Subscribe to RSS
/subscribe.htmText duplicate Subscribe to Email
https://www.usa.gov/New window External Subdomain IMG-ALT Link to USA.gov
A-TITLE Link to USA.gov
/open/open.htmNew window IMG-ALT Link to Open.gov
A-TITLE Link to Open.gov

Server configuration

HTTP redirects
(Critically important)
This page redirects to "https://www.federalreserve.gov/"
HTTP header
(Important)
No X-Powered HTTP header is sent.
This page uses GZip for compressed data transmission.
Performance
(Somewhat important)
The page response time is excellent with 0.32 seconds.
The file size of the HTML document is fine (88 kB).

HTTP Response Header

NameValue
dateWed, 11 Sep 2024 18:54:56 GMT
content-typetext/html
cf-ray8c19de810de39c0d-FRA
cf-cache-statusHIT
last-modifiedWed, 11 Sep 2024 15:00:20 GMT
strict-transport-securitymax-age=31536000; includeSubDomains; preload
varyAccept-Encoding
x-frame-optionsSAMEORIGIN
set-cookie263 Characters
servercloudflare
content-encodinggzip
statuscode200
http_versionHTTP/2

External factors

This page is referenced by wikipedia.
This website has excellent links from other websites.
This page has backlinks from 57,608 referring domains.
This page has 2,977,296 backlinks.
This page has backlinks from 33,815 different ip addresses.

Robots.txt

<!doctype html>
<html lang="en" class="no-js">
    <head>
        <meta charset="utf-8"/>
        <meta http-equiv="X-UA-Compatible" content="IE=edge"/>
        <meta name="viewport" content="width=device-width, initial-scale=1.0, minimum-scale=1.0 maximum-scale=1.6, user-scalable=1"/>
        <meta name="keywords" content="Board of Governors of the Federal Reserve System, Federal Reserve Board of Governors, Federal Reserve Board, Federal Reserve" />
        <meta name="description" content="The Federal Reserve Board of Governors in Washington DC." />
        <meta property="og:type" content="article" />
        <meta property="og:image"  content="/images/Social_Default_Image.jpg" />
        <meta name="twitter:card" content="summary" />
        <meta name="twitter:image" content="/images/Social_Default_Image.jpg" />




        <title>Federal Reserve Board - Page not Found</title>

    <link href="/css/bootstrap.css" rel="stylesheet" type="text/css">
    <link href="/css/bluesteel-theme.css" rel="stylesheet" type="text/css">
    <script src="/js/modernizr-latest.js" type="text/javascript"></script>
    <script src="/js/grunticon.loader.js"></script>
    <script>
        grunticon(["/css/icons.data.svg.css", "/css/icons.data.png.css", "/css/icons.fallback.css"]);
    </script>
    <noscript>
        <link href="/css/icons.fallback.css" rel="stylesheet">
    </noscript>
    <script src="/js/angular.min.js" type="text/javascript"></script>
    <script src="/js/app.js" type="text/javascript"></script>




    <script data-cfasync="false" nonce="870083dc-e4b7-4824-a5a4-233ef830d4bd">try{(function(w,d){!function(cJ,cK,cL,cM){if(cJ.zaraz)console.error("zaraz is loaded twice");else{cJ[cL]=cJ[cL]||{};cJ[cL].executed=[];cJ.zaraz={deferred:[],listeners:[]};cJ.zaraz._v="5815";cJ.zaraz._n="870083dc-e4b7-4824-a5a4-233ef830d4bd";cJ.zaraz.q=[];cJ.zaraz._f=function(cN){return async function(){var cO=Array.prototype.slice.call(arguments);cJ.zaraz.q.push({m:cN,a:cO})}};for(const cP of["track","set","debug"])cJ.zaraz[cP]=cJ.zaraz._f(cP);cJ.zaraz.init=()=>{var cQ=cK.getElementsByTagName(cM)[0],cR=cK.createElement(cM),cS=cK.getElementsByTagName("title")[0];cS&&(cJ[cL].t=cK.getElementsByTagName("title")[0].text);cJ[cL].x=Math.random();cJ[cL].w=cJ.screen.width;cJ[cL].h=cJ.screen.height;cJ[cL].j=cJ.innerHeight;cJ[cL].e=cJ.innerWidth;cJ[cL].l=cJ.location.href;cJ[cL].r=cK.referrer;cJ[cL].k=cJ.screen.colorDepth;cJ[cL].n=cK.characterSet;cJ[cL].o=(new Date).getTimezoneOffset();cJ[cL].q=[];for(;cJ.zaraz.q.length;){const cW=cJ.zaraz.q.shift();cJ[cL].q.push(cW)}cR.defer=!0;for(const cX of[localStorage,sessionStorage])Object.keys(cX||{}).filter((cZ=>cZ.startsWith("_zaraz_"))).forEach((cY=>{try{cJ[cL]["z_"+cY.slice(7)]=JSON.parse(cX.getItem(cY))}catch{cJ[cL]["z_"+cY.slice(7)]=cX.getItem(cY)}}));cR.referrerPolicy="origin";cR.src="/cdn-cgi/zaraz/s.js?z="+btoa(encodeURIComponent(JSON.stringify(cJ[cL])));cQ.parentNode.insertBefore(cR,cQ)};["complete","interactive"].includes(cK.readyState)?zaraz.init():cJ.addEventListener("DOMContentLoaded",zaraz.init)}}(w,d,"zarazData","script");window.zaraz._p=async bb=>new Promise((bc=>{if(bb){bb.e&&bb.e.forEach((bd=>{try{const be=d.querySelector("script[nonce]"),bf=be?.nonce||be?.getAttribute("nonce"),bg=d.createElement("script");bf&&(bg.nonce=bf);bg.innerHTML=bd;bg.onload=()=>{d.head.removeChild(bg)};d.head.appendChild(bg)}catch(bh){console.error(`Error executing script: ${bd}\n`,bh)}}));Promise.allSettled((bb.f||[]).map((bi=>fetch(bi[0],bi[1]))))}bc()}));zaraz._p({"e":["(function(w,d){})(window,document)"]});})(window,document)}catch(e){throw fetch("/cdn-cgi/zaraz/t"),e;};</script></head>
    <body data-ng-app="pubwebApp">
        <a href="#content" class="globalskip">Skip to main content</a>
<nav class="nav-primary-mobile" id="nav-primary-mobile"></nav>
<div class="t1_nav navbar navbar-default navbar-fixed-top" role="navigation">
  <div class="t1_container clearfix">
    <a
      id="logo"
      class="btn btn-default icon-FRB_logo-bw visible-xs-table-cell t1__btnlogo"
      href="/default.htm"
      role="button"
      ><span class="sr-only">Back to Home</span></a
    >
    <a
      href="/default.htm"
      id="banner"
      class="visible-xs-table-cell t1__banner"
      title="Link to Home Page"
      role="button"
      >Board of Governors of the Federal Reserve System</a
    >
    <ul class="nav navbar-nav visible-md visible-lg t1_toplinks">
      <li class="navbar-text navbar-text__social">
        <span class="navbar-link" tabindex="0">Stay Connected</span>
        <ul class="nav navbar-nav t1_social">
          <li class="social__item">
            <a
              data-icon="facebook"
              href="https://www.facebook.com/federalreserve"
              class="noIcon"
              ><div class="icon-facebook-color icon icon__sm"></div>
              <span class="sr-only"
                >Link to Federal Reserve Facebook Page</span
              ></a
            >
          </li>

          <li class="social__item">
            <a
              data-icon="twitter"
              href="https://twitter.com/federalreserve"
              class="noIcon"
              ><div class="icon-twitter-color icon icon__sm"></div>
              <span class="sr-only"
                >Link to Federal Reserve Twitter Page</span
              ></a
            >
          </li>

          <li class="social__item">
            <a
              data-icon="youtube"
              href="https://www.youtube.com/federalreserve"
              class="noIcon"
              ><div class="icon-youtube-color icon icon__sm"></div>
              <span class="sr-only"
                >Link to Federal Reserve YouTube Page</span
              ></a
            >
          </li>

          <li class="social__item">
            <a
              data-icon="flickr"
              href="https://www.flickr.com/photos/federalreserve/"
              class="noIcon"
              ><div class="icon-flickr-color icon icon__sm"></div>
              <span class="sr-only"
                >Link to Federal Reserve Flickr Page</span
              ></a
            >
          </li>

          <li class="social__item">
            <a
              data-icon="linkedin"
              href="https://www.linkedin.com/company/federal-reserve-board"
              class="noIcon"
              ><div class="icon-linkedin-color icon icon__sm"></div>
              <span class="sr-only">Federal Reserve LinkedIn Page</span></a
            >
          </li>

          <li class="social__item">
            <a
              data-icon="rss"
              href="/feeds/feeds.htm"
              class="noIcon"
              ><div class="icon-rss-color icon icon__sm"></div>
              <span class="sr-only">Subscribe to RSS</span></a
            >
          </li>

          <li class="social__item">
            <a
              data-icon="email"
              href="/subscribe.htm"
              class="noIcon"
              ><div class="icon-email-color icon icon__sm"></div>
              <span class="sr-only">Subscribe to Email</span></a
            >
          </li>
        </ul>
      </li>

      <li class="navbar-text">
        <a class="navbar-link" href="/recentpostings.htm"
          >Recent Postings</a
        >
      </li>

      <li class="navbar-text">
        <a class="navbar-link" href="/newsevents/calendar.htm"
          >Calendar</a
        >
      </li>

      <li class="navbar-text">
        <a class="navbar-link" href="/publications.htm"
          >Publications</a
        >
      </li>

      <li class="navbar-text">
        <a class="navbar-link" href="/sitemap.htm"
          >Site Map</a
        >
      </li>

      <li class="navbar-text">
        <a class="navbar-link" href="/azindex.htm"
          >A-Z index</a
        >
      </li>

      <li class="navbar-text">
        <a class="navbar-link" href="/careers.htm"
          >Careers</a
        >
      </li>

      <li class="navbar-text">
        <a class="navbar-link" href="/faqs.htm"
          >FAQs</a
        >
      </li>

      <li class="navbar-text">
        <a class="navbar-link" href="/videos.htm"
          >Videos</a
        >
      </li>

      <li class="navbar-text">
        <a class="navbar-link" href="/aboutthefed/contact-us-topics.htm"
          >Contact</a
        >
      </li>
    </ul>
    <form
      class="nav navbar-form hidden-xs nav__search"
      role="search"
      action="//www.fedsearch.org/board_public/search"
      method="get"
    >
      <div class="form-group input-group input-group-sm">
        <label for="t1search" class="sr-only">Search</label>
        <input
          id="t1search"
          class="nav__input form-control"
          name="text"
          placeholder="Search"
          type="text"
        />
        <span class="input-group-btn">
          <button
            type="submit"
            class="nav__button btn btn-default"
            id="headerTopLinksSearchFormSubmit"
            name="Search"
          >
            <span class="sr-only">Submit Search Button</span>
            <span
              class="icon-magnifying-glass icon icon__xs icon--right"
            ></span>
          </button>
        </span>
      </div>
      <div class="nav__advanced">
        <a class="noIcon" href="//www.fedsearch.org/board_public">Advanced</a>
      </div>
    </form>
    <div
      class="btn-group visible-xs-table-cell visible-sm-table-cell t1__dropdown"
    >
      <span
        class="icon icon__md icon--right dropdown-toggle icon-options-nav"
        data-toggle="dropdown"
      >
        <span class="sr-only">Toggle Dropdown Menu</span>
      </span>
    </div>
  </div>
</div>
<header class="jumbotron hidden-xs">
  <a
    class="jumbotron__link"
    href="/default.htm"
    title="Link to Home Page"
  >
    <div class="container-fluid">
      <h1 class="jumbotron__heading">
        Board of Governors of the Federal Reserve System
      </h1>
      <p class="jumbotron__content">
        <em
          >The Federal Reserve, the central bank of the United States, provides
          the nation with a safe, flexible, and stable monetary and financial
          system.</em
        >
      </p>
    </div>
  </a>
</header>
<div class="t2__offcanvas visible-xs-block">
  <div class="navbar-header">
    <button
      type="button"
      class="offcanvas__toggle icon-offcanvas-nav"
      data-toggle="offcanvas"
      data-target="#offcanvasT2Menu"
      data-canvas="body"
    >
      <span class="sr-only">Main Menu Toggle Button</span>
    </button>
    <span class="navbar-brand offcanvas__title">Sections</span>
    <button
      type="button"
      class="offcanvas__search icon-search-nav"
      data-toggle="collapse"
      data-target="#navbar-collapse"
    >
      <span class="sr-only">Search Toggle Button</span>
    </button>
  </div>
  <div class="navbar-collapse collapse mobile-form" id="navbar-collapse">
    <form
      method="get"
      class="navbar-form"
      role="search"
      action="//www.fedsearch.org/board_public/search"
    >
      <div class="form-group input-group mobileSearch">
        <label class="sr-only" for="t2search">Search</label>
        <input
          id="t2search"
          name="text"
          class="form-control"
          placeholder="Search"
          type="text"
        />
        <span class="input-group-btn">
          <span class="sr-only">Search Submit Button</span>
          <button type="submit" class="btn btn-default">Submit</button>
        </span>
      </div>
    </form>
  </div>
</div>
 <nav
      class="nav-primary navbar hidden-xs nav-nine"
      id="nav-primary"
      role="navigation"
    >
      <ul class="nav navbar-nav" role="menubar">
        <li role="menuitem" class="dropdown nav-about dropdown--3Col">
          <a
            href="/aboutthefed.htm"
            class="sr-only-focusable"
            aria-haspopup="true"
            id="aboutMenu"
            >About<br />the Fed</a
          >
          <ul
            aria-labelledby="aboutMenu"
            role="menu"
            class="dropdown-menu sub-nav-group navmenu-nav"
          >
            <li>
              <div class="row">
                <ul class="col-sm-4 list-unstyled">
                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/aboutthefed/structure-federal-reserve-system.htm"
                      >Structure of the Federal Reserve System</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/aboutthefed/the-fed-explained.htm"
                      >The Fed Explained</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/aboutthefed/bios/board/default.htm"
                      >Board Members</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/aboutthefed/advisorydefault.htm"
                      >Advisory Councils</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/aboutthefed/federal-reserve-system.htm"
                      >Federal Reserve Banks</a
                    >
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/aboutthefed/fract.htm"
                      >Federal Reserve Act</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/aboutthefed/currency.htm"
                      >Currency</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-4 list-unstyled">
                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/aboutthefed/boardmeetings/meetingdates.htm"
                      >Board Meetings</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/aboutthefed/boardvotes.htm"
                      >Board Votes</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/aboutthefed/diversityinclusion.htm"
                      >Diversity & Inclusion</a
                    >
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/careers.htm">Careers</a>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/aboutthefed/procurement/about.htm"
                      >Do Business with the Board</a
                    >
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/aboutthefed/k8.htm"
                      >Holidays Observed - K.8</a
                    >
                  </li>
                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/aboutthefed/ethics-values.htm"
                      >Ethics & Values</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-4 list-unstyled">
                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/aboutthefed/contact-us-topics.htm"
                      >Contact
                    </a>
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/foia/about_foia.htm"
                      >Requesting Information (FOIA)</a
                    >
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/faqs.htm">FAQs</a>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/aboutthefed/educational-tools/default.htm"
                      >Economic Education</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/aboutthefed/fed-financial-statements.htm"
                      >Fed Financial Statements</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/aboutthefed/innovation.htm"
                      >Innovation</a
                    >
                  </li>
                </ul>
              </div>
            </li>
          </ul>
        </li>

        <li role="menuitem" class="dropdown nav-news dropdown--1Col">
          <a
            href="/newsevents.htm"
            class="sr-only-focusable"
            aria-haspopup="true"
            id="newsMenu"
            >News <br />& Events</a
          >
          <ul
            aria-labelledby="newsMenu"
            role="menu"
            class="dropdown-menu sub-nav-group navmenu-nav"
          >
            <li>
              <a class="sr-only-focusable" href="/newsevents/pressreleases.htm"
                >Press Releases</a
              >
            </li>

            <li>
              <a class="sr-only-focusable" href="/newsevents/speeches.htm"
                >Speeches</a
              >
            </li>

            <li>
              <a class="sr-only-focusable" href="/newsevents/testimony.htm"
                >Testimony</a
              >
            </li>

            <li>
              <a class="sr-only-focusable" href="/newsevents/calendar.htm"
                >Calendar</a
              >
            </li>

            <li>
              <a class="sr-only-focusable" href="/videos.htm">Videos </a>
            </li>

            <li>
              <a class="sr-only-focusable" href="/photogallery.htm"
                >Photo Gallery
              </a>
            </li>

            <li>
              <a class="sr-only-focusable" href="/conferences.htm"
                >Conferences</a
              >
            </li>
          </ul>
        </li>

        <li role="menuitem" class="dropdown nav-monetary dropdown--2Col">
          <a
            href="/monetarypolicy.htm"
            class="sr-only-focusable"
            aria-haspopup="true"
            id="monetaryMenu"
            >Monetary<br />Policy</a
          >
          <ul
            aria-labelledby="monetaryMenu"
            role="menu"
            class="dropdown-menu sub-nav-group navmenu-nav"
          >
            <li>
              <div class="row">
                <ul class="col-sm-6 list-unstyled">
                  <li class="nav__header">
                    <p>
                      <strong>Federal Open Market Committee</strong>
                    </p>
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/monetarypolicy/fomc.htm"
                      >About the FOMC</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/monetarypolicy/fomccalendars.htm"
                      >Meeting calendars and information</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/monetarypolicy/fomc_historical.htm"
                      >Transcripts and other historical materials</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/monetarypolicy/fomc_projectionsfaqs.htm"
                      >FAQs</a
                    >
                  </li>

                  <li class="nav__header">
                    <p>
                      <strong>Monetary Policy Principles and Practice</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/monetarypolicy/monetary-policy-principles-and-practice.htm"
                      >Notes</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-6 list-unstyled">
                  <li class="nav__header">
                    <p>
                      <strong>Policy Implementation</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/monetarypolicy/policy-normalization.htm"
                      >Policy Normalization</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/monetarypolicy/policytools.htm"
                      >Policy Tools</a
                    >
                  </li>

                  <li class="nav__header">
                    <p>
                      <strong>Reports</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/monetarypolicy/mpr_default.htm"
                      >Monetary Policy Report</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/monetarypolicy/beige-book-default.htm"
                      >Beige Book</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/monetarypolicy/balance-sheet-developments-report.htm"
                      >Federal Reserve Balance Sheet Developments</a
                    >
                  </li>

                  <li class="nav__header">
                    <p>
                      <strong
                        >Review of Monetary Policy Strategy, Tools, and
                        Communications</strong
                      >
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/monetarypolicy/review-of-monetary-policy-strategy-tools-and-communications.htm"
                      >Overview</a
                    >
                  </li>
                </ul>
              </div>
            </li>
          </ul>
        </li>

        <li role="menuitem" class="dropdown nav-supervision dropdown--fw">
          <a
            href="/supervisionreg.htm"
            class="sr-only-focusable"
            id="supervisionMenu"
            aria-haspopup="true"
            >Supervision<br />& Regulation</a
          >
          <ul
            aria-labelledby="supervisionMenu"
            role="menu"
            class="dropdown-menu sub-nav-group navmenu-nav"
          >
            <li>
              <div class="row">
                <ul class="col-sm-3 col-nav list-unstyled">
                  <li class="nav__header">
                    <p>
                      <strong>Institution Supervision</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/community-and-regional-financial-institutions.htm"
                      >Community & Regional Financial Institutions</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/large-financial-institutions.htm"
                      >Large Financial Institutions</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/foreign-banking-organizations.htm"
                      >Foreign Banking Organizations</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/financial-market-utility-supervision.htm"
                      >Financial Market Utilities</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/consumer-compliance.htm"
                      >Consumer Compliance</a
                    >
                  </li>

                  <li class="nav__header">
                    <p>
                      <strong>Reports</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/publications/supervision-and-regulation-report.htm"
                      >Federal Reserve Supervision and Regulation Report</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-3 list-unstyled col-nav">
                  <li class="nav__header">
                    <p>
                      <strong>Reporting Forms</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/apps/reportforms/default.aspx"
                      >All Reporting Forms</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/reporting-forms-whats-new.htm"
                      >Recent Updates</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/apps/reportforms/review.aspx"
                      >Information collections under review</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/apps/reportforms/categoryindex.aspx?xTdTa+FaSlI="
                      >Financial Statements</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/apps/reportforms/categoryindex.aspx?+PhkJwiBjbA="
                      >Applications/structure change</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/apps/reportforms/categoryindex.aspx?1/RIXO/UduI="
                      >Federal Financial Institutions Examination Council
                      (FFIEC)</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/apps/reportforms/categoryindex.aspx?L877VwEj9Ss="
                      >Municipal & Government Securities</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-3 list-unstyled col-nav">
                  <li class="nav__header">
                    <p>
                      <strong>Supervision & Regulation Letters</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/srletters/srletters.htm"
                      >By Year</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/topics/topics.htm"
                      >By Topic</a
                    >
                  </li>

                  <li class="nav__header">
                    <p>
                      <strong>Banking Applications & Legal Developments</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/application-process.htm"
                      >Application Process</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/board-and-reserve-bank-actions.htm"
                      >Board & Reserve Bank Action</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/legal-developments.htm"
                      >Enforcement Actions & Legal Developments</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-3 list-unstyled col-nav">
                  <li class="nav__header">
                    <p>
                      <strong>Regulatory Resources</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/reglisting.htm"
                      >Regulations</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/publications/supmanual.htm"
                      >Manuals</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/basel/basel-default.htm"
                      >Basel Regulatory Framework</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/volcker-rule.htm"
                      >Volcker Rule</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/training-and-assistance-landing.htm"
                      >Education, Training, and Assistance</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-3 list-unstyled col-nav">
                  <li class="nav__header">
                    <p>
                      <strong>Banking & Data Structure</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/apps/reportforms/insider.aspx"
                      >Beneficial Ownership reports</a
                    >
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/releases/lbr/"
                      >Large Commercial Banks</a
                    >
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/releases/iba/"
                      >U.S. Offices of Foreign Entities</a
                    >
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/supervisionreg/fhc.htm"
                      >Financial Holding Companies</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/isb-default.htm"
                      >Interstate Branching</a
                    >
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/supervisionreg/suds.htm"
                      >Securities Underwriting & Dealing Subsidiaries</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/minority-depository-institutions.htm"
                      >Minority Depository Institutions</a
                    >
                  </li>
                </ul>
              </div>
            </li>
          </ul>
        </li>
        <li role="menuitem" class="dropdown nav-stability dropdown--2Col">
          <a
            href="/financial-stability.htm"
            class="sr-only-focusable"
            aria-haspopup="true"
            id="stabilityMenu"
            >Financial<br />Stability</a
          >
          <ul
            aria-labelledby="stabilityMenu"
            role="menu"
            class="dropdown-menu sub-nav-group navmenu-nav"
          >
            <div class="row">
              <ul class="col-sm-6 list-unstyled">
                <li class="nav__header">
                  <p>
                    <strong> Financial Stability Assessments </strong>
                  </p>
                </li>
                <li>
                  <a
                    class="sr-only-focusable"
                    href="/financial-stability/what-is-financial-stability.htm"
                    >About Financial Stability
                  </a>
                </li>
                <li>
                  <a
                    class="sr-only-focusable"
                    href="/financial-stability/types-of-financial-system-vulnerabilities-and-risks.htm"
                    >Types of Financial System Vulnerabilities & Risks
                  </a>
                </li>
                <li>
                  <a
                    class="sr-only-focusable"
                    href="/financial-stability/monitoring-risk-across-the-financial-system.htm"
                    >Monitoring Risk Across the Financial System
                  </a>
                </li>
                <li>
                  <a
                    class="sr-only-focusable"
                    href="/financial-stability/proactive-monitoring-of-markets-and-institutions.htm "
                    >Proactive Monitoring of Markets & Institutions
                  </a>
                </li>
                <li>
                  <a
                    class="sr-only-focusable"
                    href="/financial-stability/financial-stability-and-stress-testing.htm"
                    >Financial Stability & Stress Testing</a
                  >
                </li>
              </ul>
              <ul class="col-sm-6 list-unstyled">
                <li class="nav__header">
                  <p>
                    <strong> Financial Stability Coordination & Actions</strong>
                  </p>
                </li>
                <li>
                  <a
                    class="sr-only-focusable"
                    href="/financial-stability/responding-to-financial-system-emergencies.htm"
                    >Responding to Financial System Emergencies
                  </a>
                </li>
                <li>
                  <a
                    class="sr-only-focusable"
                    href="/financial-stability/cooperation-on-financial-stability.htm"
                    >Cooperation on Financial Stability
                  </a>
                </li>
                <li class="nav__header">
                  <p>
                    <strong>Reports</strong>
                  </p>
                </li>

                <li>
                  <a
                    class="sr-only-focusable"
                    href="/publications/financial-stability-report.htm"
                    >Financial Stability Report
                  </a>
                </li>
              </ul>
            </div>
          </ul>
        </li>
        <li role="menuitem" class="dropdown nav-payment dropdown--fw">
          <a
            href="/paymentsystems.htm"
            class="sr-only-focusable"
            id="paymentMenu"
            aria-haspopup="true"
            >Payment<br />Systems</a
          >
          <ul
            aria-labelledby="paymentMenu"
            role="menu"
            class="dropdown-menu sub-nav-group navmenu-nav"
          >
            <li>
              <div class="row">
                <ul class="col-sm-3 col-nav list-unstyled">
                  <li class="nav__header">
                    <p>
                      <strong>Regulations & Statutes</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/regcc-about.htm"
                      >Regulation CC (Availability of Funds and Collection of
                      Checks)</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/regii-about.htm"
                      >Regulation II (Debit Card Interchange Fees and
                      Routing)</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/reghh-about.htm"
                      >Regulation HH (Financial Market Utilities)</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/other-regulations.htm"
                      >Other Regulations and Statutes</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-3 list-unstyled col-nav">
                  <li class="nav__header">
                    <p>
                      <strong>Payment Policies</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/pfs_about.htm"
                      >Federal Reserve's Key Policies for the Provision of
                      Financial Services</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/oo_about.htm"
                      >Overnight Overdrafts</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/psr_about.htm"
                      >Payment System Risk</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/telecomm.htm"
                      >Sponsorship for Priority Telecommunication Services</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-3 list-unstyled col-nav">
                  <li class="nav__header">
                    <p>
                      <strong>Reserve Bank Payment Services & Data</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/fedach_about.htm"
                      >Automated Clearinghouse Services</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/check_about.htm"
                      >Check Services</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/coin_about.htm"
                      >Currency and Coin Services</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/psr_data.htm"
                      >Daylight Overdrafts and Fees</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/fednow_about.htm"
                      >FedNow℠ Service</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/fedfunds_about.htm"
                      >Fedwire Funds Services</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/fedsecs_about.htm"
                      >Fedwire Securities Services</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/fisagy_about.htm"
                      >Fiscal Agency Services</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/natl_about.htm"
                      >National Settlement Service</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-3 list-unstyled col-nav">
                  <li class="nav__header">
                    <p>
                      <strong
                        >Financial Market Utilities & Infrastructures</strong
                      >
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/over_about.htm"
                      >Supervision & Oversight of Financial Market
                      Infrastructures</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/designated_fmu_about.htm"
                      >Designated Financial Market Utilities</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/int_standards.htm"
                      >International Standards for Financial Market
                      Infrastructures</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-3 list-unstyled col-nav">
                  <li class="nav__header">
                    <p>
                      <strong>Research, Committees, and Forums</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/payres_about.htm"
                      >Payment Research</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/fr-payments-study.htm"
                      >Federal Reserve Payments Study (FRPS)</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/pspa_committee.htm"
                      >Payments System Policy Advisory Committee</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/paymentsystems/forums.htm"
                      >Forums</a
                    >
                  </li>
                </ul>
              </div>
            </li>
          </ul>
        </li>

        <li
          role="menuitem"
          class="dropdown nav-econ dropdown--right dropdown--2Col"
        >
          <a
            href="/econres.htm"
            class="sr-only-focusable"
            aria-haspopup="true"
            id="econMenu"
            >Economic<br />Research</a
          >
          <ul
            aria-labelledby="econMenu"
            role="menu"
            class="dropdown-menu sub-nav-group navmenu-nav"
          >
            <li>
              <div class="row">
                <ul class="col-sm-6 list-unstyled">
                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/econres/theeconomists.htm"
                      >Meet the Economists</a
                    >
                  </li>

                  <li class="nav__header">
                    <p>
                      <strong>Working Papers and Notes</strong>
                    </p>
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/econres/feds/index.htm"
                      >Finance and Economics Discussion Series (FEDS)</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/econres/notes/feds-notes/default.htm"
                      >FEDS Notes</a
                    >
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/econres/ifdp/index.htm"
                      >International Finance Discussion Papers (IFDP)</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-6 list-unstyled">
                  <li class="nav__header">
                    <p>
                      <strong>Data, Models and Tools</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/econres/economic-research-data.htm"
                      >Economic Research Data</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/econres/us-models-about.htm"
                      >FRB/US Model</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/econres/edo-models-about.htm"
                      >Estimated Dynamic Optimization (EDO) Model</a
                    >
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/econres/scfindex.htm"
                      >Survey of Consumer Finances (SCF)</a
                    >
                  </li>
                </ul>
              </div>
            </li>
          </ul>
        </li>

        <li
          role="menuitem"
          class="dropdown nav-data dropdown--right dropdown--fw"
        >
          <a
            href="/data.htm"
            class="sr-only-focusable"
            id="dataMenu"
            aria-haspopup="true"
            >Data</a
          >
          <ul
            aria-labelledby="dataMenu"
            role="menu"
            class="dropdown-menu sub-nav-group navmenu-nav"
          >
            <li>
              <div class="row">
                <ul class="col-sm-3 col-nav list-unstyled">
                  <li>
                    <a class="sr-only-focusable" href="/datadownload"
                      ><span class="icon icon-ddp icon__sm"></span> Data
                      Download Program</a
                    >
                  </li>

                  <li class="nav__header">
                    <p>
                      <strong>Bank Assets and Liabilities</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/releases/h3/current/default.htm"
                      >Aggregate Reserves of Depository Institutions and the
                      Monetary Base - H.3</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/releases/h8/current/default.htm"
                      >Assets and Liabilities of Commercial Banks in the U.S. -
                      H.8</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/data/assetliab/current.htm"
                      >Assets and Liabilities of U.S. Branches and Agencies of
                      Foreign Banks</a
                    >
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/releases/chargeoff/"
                      >Charge-Off and Delinquency Rates on Loans and Leases at
                      Commercial Banks</a
                    >
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/data/sfos/sfos.htm"
                      >Senior Financial Officer Survey</a
                    >
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/data/sloos.htm"
                      >Senior Loan Officer Opinion Survey on Bank Lending
                      Practices</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-3 list-unstyled col-nav">
                  <li class="nav__header">
                    <p>
                      <strong>Bank Structure Data</strong>
                    </p>
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/releases/lbr/"
                      >Large Commercial Banks</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/minority-depository-institutions.htm"
                      >Minority Depository Institutions</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/releases/iba/default.htm"
                      >Structure and Share Data for the U.S. Offices of Foreign
                      Banks</a
                    >
                  </li>

                  <li class="nav__header">
                    <p>
                      <strong>Business Finance</strong>
                    </p>
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/releases/cp/"
                      >Commercial Paper</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/releases/g20/current/g20.htm"
                      >Finance Companies - G.20</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/data/govsecure/current.htm"
                      >New Security Issues, State and Local Governments</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/data/corpsecure/current.htm"
                      >New Security Issues, U.S. Corporations</a
                    >
                  </li>

                  <li class="nav__header">
                    <p>
                      <strong>Dealer Financing Terms</strong>
                    </p>
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/data/scoos.htm"
                      >Senior Credit Officer Opinion Survey on Dealer Financing
                      Terms</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-3 list-unstyled col-nav">
                  <li class="nav__header">
                    <p>
                      <strong>Exchange Rates and International Data</strong>
                    </p>
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/releases/h10/current/"
                      >Foreign Exchange Rates - H.10/G.5</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/data/intlsumm/current.htm"
                      >International Summary Statistics</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/data/secholdtrans/current.htm"
                      >Securities Holdings and Transactions</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/data/statbanksus/current.htm"
                      >Statistics Reported by Banks and Other Financial Firms in
                      the United States</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/releases/iba/default.htm"
                      >Structure and Share Data for U.S. Offices of Foreign
                      Banks</a
                    >
                  </li>

                  <li class="nav__header">
                    <p>
                      <strong>Financial Accounts</strong>
                    </p>
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/releases/z1/default.htm"
                      >Financial Accounts of the United States - Z.1</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-3 list-unstyled col-nav">
                  <li class="nav__header">
                    <p>
                      <strong>Household Finance</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/releases/g19/current/default.htm"
                      >Consumer Credit - G.19</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/releases/housedebt/default.htm"
                      >Household Debt Service and Financial Obligations
                      Ratios</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/data/mortoutstand/current.htm"
                      >Mortgage Debt Outstanding</a
                    >
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/econres/scfindex.htm"
                      >Survey of Consumer Finances (SCF)</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/consumerscommunities/shed.htm"
                      >Survey of Household Economics and Decisionmaking</a
                    >
                  </li>

                  <li class="nav__header">
                    <p>
                      <strong>Industrial Activity</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/releases/g17/current/default.htm"
                      >Industrial Production and Capacity Utilization - G.17</a
                    >
                  </li>

                  <li class="nav__header">
                    <p>
                      <strong>Interest Rates</strong>
                    </p>
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/releases/h15/"
                      >Selected Interest Rates - H.15</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-3 list-unstyled col-nav">
                  <li class="nav__header">
                    <p>
                      <strong>Micro Data Reference Manual (MDRM)</strong>
                    </p>
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/data/mdrm.htm"
                      >Micro and Macro Data Collections</a
                    >
                  </li>

                  <li class="nav__header">
                    <p>
                      <strong>Money Stock and Reserve Balances</strong>
                    </p>
                  </li>

                  <li>
                    <a class="sr-only-focusable" href="/releases/h41/"
                      >Factors Affecting Reserve Balances - H.4.1</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/releases/h6/current/default.htm"
                      >Money Stock Measures - H.6</a
                    >
                  </li>

                  <li class="nav__header">
                    <p>
                      <strong>Other</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/data/yield-curve-models.htm"
                      >Yield Curve Models and Data</a
                    >
                  </li>
                </ul>
              </div>
            </li>
          </ul>
        </li>

        <li
          role="menuitem"
          class="dropdown nav-consumer dropdown--right dropdown--4Col"
        >
          <a
            href="/consumerscommunities.htm"
            class="sr-only-focusable"
            aria-haspopup="true"
            id="consumerMenu"
            >Consumers<br />& Communities</a
          >
          <ul
            aria-labelledby="consumerMenu"
            role="menu"
            class="dropdown-menu sub-nav-group navmenu-nav"
          >
            <li>
              <div class="row">
                <ul class="col-sm-3 list-unstyled">
                  <li class="nav__header">
                    <p>
                      <strong>Regulations</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/consumerscommunities/cra_about.htm"
                      >Community Reinvestment Act (CRA)</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/reglisting.htm"
                      >All Regulations</a
                    >
                  </li>

                  <li class="nav__header">
                    <p>
                      <strong>Supervision & Enforcement</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/supervisionreg/caletters/caletters.htm"
                      >CA Letters</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/apps/enforcementactions/default.aspx"
                      >Enforcement Actions</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/consumerscommunities/independent-foreclosure-review.htm"
                      >Independent Foreclosure Review</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-3 list-unstyled">
                  <li class="nav__header">
                    <p>
                      <strong>Community Development</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/consumerscommunities/neighborhood-revitalization.htm"
                      >Housing and Neighborhood Revitalization</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/consumerscommunities/small-business-and-entrepreneurship.htm"
                      >Small Business and Entrepreneurship</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/consumerscommunities/workforce.htm"
                      >Employment and Workforce Development</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/consumerscommunities/cdf.htm"
                      >Community Development Finance</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/consumerscommunities/rural-community-economic-development.htm"
                      >Rural Community and Economic Development</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-3 list-unstyled">
                  <li>
                    <a class="sr-only-focusable" href="/conferences.htm"
                      >Conferences</a
                    >
                  </li>

                  <li class="nav__header">
                    <p>
                      <strong>Research & Analysis</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/consumerscommunities/shed.htm"
                      >Survey of Household Economics and Decisionmaking</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/consumerscommunities/community-development-publications.htm"
                      >Research Publications & Data Analysis</a
                    >
                  </li>
                </ul>
                <ul class="col-sm-3 list-unstyled">
                  <li>
                    <a class="sr-only-focusable" href="/aboutthefed/cac.htm"
                      >Community Advisory Council</a
                    >
                  </li>

                  <li class="nav__header">
                    <p>
                      <strong>Consumer Resources</strong>
                    </p>
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/consumerscommunities/foreclosure.htm"
                      >Mortgage and Foreclosure Resources</a
                    >
                  </li>

                  <li>
                    <a
                      class="sr-only-focusable"
                      href="/consumerscommunities/comm-dev-system-map.htm"
                      >Federal Reserve Community Development Resources</a
                    >
                  </li>
                </ul>
              </div>
            </li>
          </ul>
        </li>
      </ul>
    </nav>

    <div id="content" class="container container__main" role="main">
        <div class="row">
            <div class="page-header">
                <ol id="t3_nav" class="breadcrumb">
                    <li class='breadcrumb__item'><a class="breadcrumb__link" href="/default.htm">Home</a></li>
                </ol>
                <div class="btn-group header-group">
                    <div id="page-title" class="btn-group pull-left">
                        <h2>Page not found</h2>
                    </div>
                </div>
            </div>
        </div>

        <!-- /End header -->
        <p>
            The page you were looking for has been moved or no longer exists.
        </p>
        <p>
            The links below may help you find the information you are seeking.
        </p>
        <p><a href="https://www.fedsearch.org/board_public/">Search</a></p>
        <p><a href="/">Home Page</a></p>
        <p><a href="/azindex.htm">A-Z Index</a></p>
        <p><a href="/sitemap.htm">Site Map</a></p>

        <p>For further assistance, please <a href="/aboutthefed/contact-us-topics.htm">contact us</a>.</p>

        <!-- Footer -->

        <div class="row">
            <div class='lastUpdate' id="lastUpdate">Last Update: December 18, 2019
            </div>
        </div>
        <a id="back-top" class="icon__backTop icon-backtop" href="#" title="Scroll To Top"><span class="sr-only">Back to Top</span></a>
    </div>
    <footer class="container footer">
    <div class="row footer__content">
        <div class="col-xs-12 col-sm-4">
            <h6 class="footer__heading"><span class="text-uppercase">Board of Governors</span> <em>of the</em> <span class="text-uppercase">Federal Reserve System</span></h6>
            <ul class="list-unstyled">
                <li class='footer__listItem'><a class="footer__link" href="/aboutthefed.htm">About the Fed</a></li><li class='footer__listItem'><a class="footer__link" href="/newsevents.htm">News & Events</a></li><li class='footer__listItem'><a class="footer__link" href="/monetarypolicy.htm">Monetary Policy</a></li><li class='footer__listItem'><a class="footer__link" href="/supervisionreg.htm">Supervision & Regulation</a></li><li class='footer__listItem'><a class="footer__link" href="/financial-stability.htm">Financial Stability</a></li><li class='footer__listItem'><a class="footer__link" href="/paymentsystems.htm">Payment Systems</a></li><li class='footer__listItem'><a class="footer__link" href="/econres.htm">Economic Research</a></li><li class='footer__listItem'><a class="footer__link" href="/data.htm">Data</a></li><li class='footer__listItem'><a class="footer__link" href="/consumerscommunities.htm">Consumers & Communities</a></li>
            </ul>
        </div>
        <div class="col-xs-12 col-sm-4">
            <h6 class="text-uppercase footer__heading">Tools and Information</h6>
            <ul class="list-unstyled">
                 <li class='footer__listItem'><a href="/aboutthefed/contact-us-topics.htm" class="footer__link">Contact</a></li>
                <li class='footer__listItem'><a href="/publications.htm" class="footer__link">Publications</a></li>
                <li class='footer__listItem'><a href="/foia/about_foia.htm" class="footer__link">Freedom of Information (FOIA)</a></li>
                <li class='footer__listItem'><a href="https://oig.federalreserve.gov/" class="footer__link">Office of Inspector General</a></li>
                <li class='footer__listItem'><a href="/publications/annual-report.htm" class="footer__link">Budget & Performance</a> | <a href="/regreform/audit.htm" class="footer__link">Audit</a></li>
                <li class='footer__listItem'><a href="/eeo.htm" class="footer__link">No FEAR Act</a></li>
                <li class='footer__listItem'><a href="/espanol.htm" class="footer__link">Español</a></li>
                <li class='footer__listItem'><a href="/website-linking-policies.htm" class="footer__link">Website Policies</a>  | <a href="/privacy.htm" class="footer__link">Privacy Program</a></li>
                <li class='footer__listItem'><a href="/accessibility.htm" class="footer__link">Accessibility</a></li>
            </ul>
        </div>
        <div class="col-xs-12 col-sm-4">
            <div class="footer__social">
                <h6 class="text-uppercase footer__heading footer__heading--social">Stay Connected</h6>




                <a class="icon__md icon footer__btn icon-facebook-color" href="https://www.facebook.com/federalreserve"><span class='sr-only'>Link to Federal Reserve Facebook Page</span></a>

                <a class="icon__md icon footer__btn icon-twitter-color" href="https://twitter.com/federalreserve"><span class='sr-only'>Link to Federal Reserve Twitter Page</span></a>

                <a class="icon__md icon footer__btn icon-youtube-color" href="https://www.youtube.com/federalreserve"><span class='sr-only'>Link to Federal Reserve YouTube Page</span></a>

                <a class="icon__md icon footer__btn icon-flickr-color" href="https://www.flickr.com/photos/federalreserve/"><span class='sr-only'>Link to Federal Reserve Flickr Page</span></a>

                <a class="icon__md icon footer__btn icon-linkedin-color" href="https://www.linkedin.com/company/federal-reserve-board"><span class='sr-only'>Federal Reserve LinkedIn Page</span></a>

                <a class="icon__md icon footer__btn icon-rss-color" href="/feeds/feeds.htm"><span class='sr-only'>Subscribe to RSS</span></a>

                <a class="icon__md icon footer__btn icon-email-color" href="/subscribe.htm"><span class='sr-only'>Subscribe to Email</span></a>




            </div>
            <a href="https://www.usa.gov/" target="_blank" title="Link to USA.gov">
                <img class='footer__image' src="/USAGov%402x.png" alt="Link to USA.gov" />
            </a>
            <a href="/open/open.htm" target="_blank" title="Link to Open.gov">
                <img class='footer__image' src="/OpenGov%402x.png" alt="Link to Open.gov" />
            </a>
        </div>
    </div>
    <div class="row">
        <div class="col-xs-12 footer__footer">
            <p class="text-uppercase footer__text footer__text--left">Board of Governors <em class="text-lowercase">of the</em> Federal Reserve System</p>
            <p class="footer__text footer__text--right">20th Street and Constitution Avenue N.W., Washington, DC 20551</p>
        </div>
    </div>
</footer>


                <script src="/js/jquery.min.js" type="text/javascript"></script>
                <script src="/js/bootstrap.min.js" type="text/javascript"></script>
                <script src="/js/scripts.js" type="text/javascript"></script>
                <script src="/js/modal.js" type="text/javascript"></script>
                <script src="/js/sticky-tables.js" type="text/javascript"></script>
                <script type="text/javascript" src="/js/slides/ekko-lightbox.min.js"></script>
                <script src="/js/t4-nav-controller.js" type="text/javascript"></script>

<script type="text/javascript">
    $(document).ready(function($) {
        // delegate calls to data-toggle="lightbox"
        $(document).delegate('*[data-toggle="lightbox"]:not([data-gallery="navigateTo"])', 'click', function(event) {
            event.preventDefault();
            $(this).ekkoLightbox();
        });
        $('a[data-click="false"]').click(function(e) {
            e.preventDefault();
            var target = $(this).data('target');
            $(target).click();
        });
    });
</script>



    </body>
</html>

Search preview

www.federalreserve.gov
Federal Reserve Board - Home
The Federal Reserve Board of Governors in Washington DC.

Most important keywords

Following keywords were found. You can check the keyword optimization of this page for each keyword.

KeywordResultRecheck
Reserve95%Check
Federal95%Check
Federal Reserve95%Check
Federal Reserve Board89%Check
Federal Reserve System81%Check
Federal Reserve Bank80%Check
Federal Reserve Board issues78%Check
Board77%Check
Reserve Balances69%Check
Federal Reserve Twitter Page68%Check

Test up to 1.000 webpages of federalreserve.gov with our free plan!

Try For Free
No trial. It's just free!

Cookie Policy

We use cookies to make our site work and also for analytics and advertising purposes. You can enable or disable optional cookies as desired. See the following links for more information.

We need these so the site can function properly

So we can better understand how visitors use our website

So we can serve you tailored ads and promotions