Federal Reserve Bank of Minneapolis

What Federal Reserve Bank of Minneapolis does

The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., constitute the Federal Reserve System. Chartered in 1914 and headquartered at 90 Hennepin Avenue in Minneapolis with a Helena, Montana branch, it serves the Ninth Federal Reserve District, covering Minnesota, Montana, North Dakota, South Dakota, northwestern Wisconsin, and the Upper Peninsula of Michigan. Under President and CEO Neel Kashkari, who has led the Bank since 2016 and serves as a voting member of the Federal Open Market Committee, the institution conducts monetary policy research, supervises banking organizations, provides payments services to financial institutions and the U.S. government, and produces regional economic analysis for the public and policymakers.

The Bank's core offerings are research, data, and policy analysis products rather than commercial technology. Primary outputs include the Regional Economic Indicators dashboard tracking GDP, CPI-U inflation, employment, and labor markets across the Ninth District; the monthly Ninth District Business Conditions Survey; sector-specific surveys covering construction, professional services, hospitality, and child care; the Inflation Calculator; and the Recessions in Perspective data resource. Specialized research arms include the Center for Indian Country Development (advancing economic self-determination for Native nations) and the Opportunity & Inclusive Growth Institute (research on inclusive growth). All products are publicly available, with no commercial pricing, SDKs, APIs, or AI/ML features disclosed.

The Bank does not generate commercial revenue and operates as a public-service institution within the Federal Reserve System. It is overseen by an independent board of directors with input from the Community Depository Institutions Advisory Council, and reaches stakeholders through content marketing (website, email newsletters, social channels), events and webinars, a speakers bureau, and bank tours. Strategic partnerships with organizations such as Hospitality Minnesota, First Children's Finance, Minnesota DEED, and the Federal Reserve Bank of Kansas City enable joint survey work and community development research across the district.

Name

Federal Reserve Bank of Minneapolis

Legal name

Federal Reserve Bank of Minneapolis

Website

https://minneapolisfed.org

Company type

Private

Founded year

1914

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

The Federal Reserve Bank of Minneapolis is a regional central bank serving the Ninth Federal Reserve District (Minnesota, Montana, North and South Dakota, northwestern Wisconsin, and Michigan's Upper Peninsula), providing monetary policy research, banking supervision, regional economic data, and community development programs to the public, policymakers, and businesses at no charge.

Ownership category

akta.pro rank

Product category

Central Banking and Monetary Policy

NAICS

Monetary Authorities-Central Bank (52111), Depository Credit Intermediation (5221)

SIC

Federal & Federally-Sponsored Credit Agencies (6111), Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

Central Bank Reserve Management (FSAAAGAF)

akta.pro secondary industry

Intergovernmental Affairs & Federal Grants Administration (BPAIAAAC)

Keywords

• Monetary policy research
• Central banking services
• Economic data analysis
• Banking supervision
• Regional economic indicators

Headquarters

HQ city

Minneapolis

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure

Revenue model

1. Central Bank Operations: The Federal Reserve Bank of Minneapolis operates as part of the nation's central bank system. It does not generate commercial revenue but participates in setting national monetary policy, provides banking services to financial institutions, and conducts economic research for public benefit.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

The Federal Reserve Bank of Minneapolis serves as a regional central bank within the Federal Reserve System, participating in national monetary policy decisions, supervising banking organizations, providing payments services to financial institutions and the U.S. government, and conducting economic research. It publishes economic data dashboards, sector surveys, and policy analysis for the Ninth Federal Reserve District (Minnesota, Montana, North Dakota, South Dakota, northwestern Wisconsin, and the Upper Peninsula of Michigan). All research, data, and educational resources are provided free to the public as part of its public service mission.

Product overview

The Federal Reserve Bank of Minneapolis operates as a regional central bank providing economic research, data services, and policy analysis. Its primary offerings include the Regional Economic Indicators dashboard, various economic surveys (including construction, professional services, hospitality, and child care sectors), the Inflation Calculator tool, and specialized research through the Center for Indian Country Development and Opportunity & Inclusive Growth Institute. The institution does not offer commercial technology products but provides publicly accessible economic data, research publications, and survey tools as part of its public service mission.

Differentiator

Problem solved

Functional benefit

Brands

• Center for Indian Country Development: A research and policy institute advancing the economic self-determination and prosperity of Native nations and Indigenous communities through actionable data and research.
• Opportunity & Inclusive Growth Institute

Products and services

• Regional Economic Indicators A comprehensive dashboard tracking economic indicators for the Ninth Federal Reserve District, including Real GDP, CPI-U inflation metrics, employment data, labor market statistics, and business conditions surveys, available free to the public.
• Inflation Calculator An interactive tool that calculates what a dollar from a starting year is worth in a final year, allowing users to understand inflation and purchasing power changes over time, available free to the public.
• Ninth District Business Conditions Survey A monthly survey of business contacts across the Ninth Federal Reserve District tracking business performance metrics including investment, headcount, hiring, inventories, profits, and sales.
• Professional Services Survey A survey covering advertising, consulting, legal, and other professional and technical services firms in the Ninth District, conducted in partnership with the Minnesota Department of Employment and Economic Development.
• Construction Survey A semi-annual survey of construction firms across the Ninth District assessing construction activity, material costs, labor availability, and business outlook by subsector.
• Minnesota Child Care Business Survey A survey tracking the financial health, enrollment trends, and business conditions of Minnesota child care providers, conducted in partnership with First Children's Finance.
• Minnesota Tourism & Hospitality Survey A survey assessing revenue trends, customer demand, cost pressures, and business outlook for Minnesota's hospitality and tourism sector, conducted in partnership with Hospitality Minnesota.
• Center for Indian Country Development A research and policy institute advancing economic self-determination and prosperity of Native nations and Indigenous communities through actionable data, research, and events that inform public policy discussions.
• Opportunity & Inclusive Growth Institute An institute focused on conducting and promoting research that increases economic opportunity and inclusive growth, part of the Federal Reserve's community development mission.
• Recessions in Perspective A data resource visualizing historical recession data to help understand economic cycles and their impacts, available free to the public.

Quantifiable outcome

• The Center for Indian Country Development advances economic self-determination for Native nations through research and data
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Minnesota Department of Employment and Economic Development (DEED)coreStrategic or Co-development Partner · 1 April 2026Joint survey of professional services firms across the Ninth Federal Reserve District. The 2026 Professional Services Survey gathered responses from nearly 250 firms in advertising, consulting, legal, and other professional and technical services to track business conditions and outlook.
• Hospitality MinnesotacoreStrategic or Co-development Partner · 1 March 2026Joint survey partnership conducting research on Minnesota's hospitality and tourism sector. Survey results track revenue, profits, employment, costs, and business outlook for the nearly $9 billion industry employing approximately 230,000 people statewide.
• First Children's FinancecoreStrategic or Co-development Partner · 1 March 2025Partnership conducting the annual Minnesota Child Care Business Survey. This sixth survey conducted by the Minneapolis Fed and First Children's Finance, a nonprofit assisting child care businesses, gathered responses from over 760 providers to assess industry conditions and challenges.
• Community Depository Institutions Advisory Council (CDIAC)coreStrategic or Co-development PartnerAdvisory council providing information, advice, and recommendations to the Minneapolis Fed president from the perspective of thrifts, credit unions, and banks in the Ninth Federal Reserve District with total assets under $10 billion. The chair represents the district at national CDIAC meetings in Washington, D.C.
• Federal Reserve Bank of Kansas CityminorStrategic or Co-development PartnerCollaboration on Indian Country economic development, with Kansas City Fed's Jennifer Chadwick participating in CICD events and summits.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Federal Reserve Bank of New York: One of the 12 regional Federal Reserve Banks, the New York Fed is the most operationally significant Reserve Bank, executing open market operations and serving as the System's primary interface with financial markets. It is a direct structural peer to the Minneapolis Fed within the Federal Reserve System.
• Federal Reserve Bank of Chicago: A regional Federal Reserve Bank serving the Seventh District with comparable functions in monetary policy, supervision, regional research, and economic data dissemination. Direct peer within the Federal Reserve System structure.
• Federal Reserve Bank of Kansas City: A regional Federal Reserve Bank with an overlapping agricultural and energy-heavy district footprint. Already a collaboration partner with the Minneapolis Fed on Indian Country economic development, making it a direct functional peer.
• Federal Reserve Bank of San Francisco: The largest Federal Reserve Bank by assets and geography, serving the Twelfth District. Direct peer in monetary policy participation, regional research, and community development programs.
• Federal Reserve Bank of St. Louis: Regional Federal Reserve Bank widely recognized for its data products (FRED) and economic research. Direct peer with comparable research dissemination, survey programs, and monetary policy participation.
• Federal Reserve Bank of Boston: A regional Federal Reserve Bank with comparable research, supervision, and community development functions, including a similarly prominent working papers and policy publications program.
• Federal Reserve Bank of Atlanta: A regional Federal Reserve Bank operating comparable regional survey programs (e.g., Survey of Business Uncertainty, Beige Book contributions) and economic data tools, directly comparable in research scope.
• Federal Reserve Bank of Cleveland: Regional Federal Reserve Bank with comparable research, supervision, and community development functions across the Fourth District. Direct peer with similar staffing scale and operational scope.
• Federal Reserve Bank of Philadelphia: Regional Federal Reserve Bank with comparable research, supervision, and regional economic survey programs, including the widely cited Philadelphia Fed Manufacturing Business Outlook Survey.

Broad incumbents

• Board of Governors of the Federal Reserve System: Central governing body of the Federal Reserve System based in Washington, D.C., providing oversight and rule-making authority over the 12 Reserve Banks including the Minneapolis Fed. Functions as the System-level counterpart and supervisor rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/minneapolisfed
• Facebookfacebook.com/minneapolisfed
• LinkedInlinkedin.com/company/federal-reserve-bank-of-minneapolis
• Instagraminstagram.com/minneapolisfed/?hl=en

Revenue estimate

Valuation estimate

Number of profiles

Profiles27 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Federal Reserve Bank of Minneapolis