Federal Reserve Bank of St. Louis

What Federal Reserve Bank of St. Louis does

The Federal Reserve Bank of St. Louis is one of 12 regional Reserve Banks chartered under the Federal Reserve Act of 1913 and headquartered at 1 Federal Reserve Bank Plaza in St. Louis, Missouri. It serves as the operational arm of the U.S. central bank for the Eighth Federal Reserve District, covering all of Arkansas and parts of Illinois, Indiana, Kentucky, Mississippi, Missouri, and Tennessee — a region of roughly 15 million people. The institution conducts monetary policy formulation through the president's seat on the Federal Open Market Committee, supervises state-chartered member banks, bank holding companies, and savings and loan holding companies within the district, provides cash and payments services to depository institutions (including operating the FedNow instant payments infrastructure), and acts as fiscal agent for the U.S. Treasury. Operating through a headquarters and three regional branches (Little Rock, Louisville, Memphis) with approximately 1,500 employees, it is led by President and CEO Alberto G. Musalem, the 13th president, appointed April 2, 2024.

Core products are a portfolio of free, public-facing economic data and research platforms: FRED (Federal Reserve Economic Data) aggregates time-series data from dozens of U.S. and international sources; FRASER provides a digital library of U.S. financial, economic, and banking history; ALFRED offers vintages of FRED data from specific historical dates; CASSIDI enables HHI-based banking market concentration analysis; and the Bank On National Data Hub tracks certified banking accounts opened under the financial-inclusion movement (over 14 million to date). Adjacent products include the FedNow instant payments service and the Economy Museum. Research dissemination runs through the Review scholarly journal, the On the Economy blog, Page One Economics essays, the FRED Blog, and the Timely Topics and Teach Economics podcasts.

The St. Louis Fed operates as a quasi-governmental entity and does not generate commercial revenue; all services — economic data, supervision, cash and payments services, community development, and education — are provided free of charge or at-cost and funded through the Federal Reserve System's balance sheet. The Research division is ranked in the top 1% of all economics research departments worldwide per RePEc, and the institution carries a historic 'maverick' reputation tied to its role in the monetarist revolution of the 1950s–70s.

Name

Federal Reserve Bank of St. Louis

Legal name

Federal Reserve Bank of St. Louis

Website

https://stlouisfed.org

Company type

Private

Founded year

1914

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

The Federal Reserve Bank of St. Louis is one of 12 regional U.S. central banks, headquartered in St. Louis and serving the Eighth Federal Reserve District across seven states. It conducts monetary policy, supervises member banks, provides cash and FedNow payments services, and publishes free economic data tools including FRED, FRASER, and CASSIDI.

Ownership category

akta.pro rank

Product category

Central Banking

NAICS

Monetary Authorities-Central Bank (52111)

SIC

Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

Central Bank Reserve Management (FSAAAGAF)

akta.pro secondary industry

International Monetary & Financial Stability Institutions (BPADACAE)

Keywords

• Central banking services
• Monetary policy
• Economic research
• Banking supervision
• Financial data services

Headquarters

HQ city

St Louis

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Public Services (No Revenue Generation): The Federal Reserve Bank of St. Louis is a public institution that does not generate revenue in the commercial sense. It conducts monetary policy, supervises financial institutions, provides banking services to depository institutions and the U.S. Treasury, and offers free economic research and data tools. Operations are funded through the Federal Reserve System's balance sheet, not through commercial revenue.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

The Federal Reserve Bank of St. Louis is one of 12 regional Reserve Banks of the Federal Reserve System, conducting monetary policy, supervising and regulating financial institutions, providing payment and cash services to depository institutions, and serving as fiscal agent for the U.S. Treasury. It operates flagship free economic data and research platforms — FRED, FRASER, ALFRED, CASSIDI — and delivers community development, financial education, and outreach programs across the Eighth Federal Reserve District.

Product overview

The Federal Reserve Bank of St. Louis offers a portfolio of free economic data tools and research publications. The core product suite includes FRED (Federal Reserve Economic Data), a comprehensive economic database with APIs; FRASER, a digital library of U.S. financial and banking history; ALFRED for archival economic data vintages; and CASSIDI for banking market concentration analysis. The FedNow Service provides instant payments infrastructure. Research publications include the Review scholarly journal, the On the Economy blog, Page One Economics essays, and podcast series (Timely Topics and Teach Economics). The Bank On National Data Hub tracks financial inclusion efforts. These products operate as independent tools under the Federal Reserve System umbrella, with FRED serving as the primary data platform.

Differentiator

Problem solved

Functional benefit

Brands

• FRED: Federal Reserve Economic Data - a comprehensive economic database
• FRASER
• ALFRED
• CASSIDI
• On the Economy
• Review
• Page One Economics
• Timely Topics

Products and services

• FRED (Federal Reserve Economic Data) A comprehensive online database of economic time-series data aggregated from dozens of U.S. and international sources, providing tools and resources to find and use economic data worldwide. Used by economists, researchers, analysts, and the general public.
• FRASER Digital Library Digital library of U.S. financial, economic, and banking history, particularly Federal Reserve System history, providing access to historical documents, publications, and archival materials.
• ALFRED Archival FRED service providing access to vintages of economic data from specific dates in history, allowing users to view how economic data appeared at particular points in time.
• CASSIDI Banking market concentration analysis tool that enables users to view banking market concentrations and perform HHI (Herfindahl-Hirschman Index) analysis for U.S. banking markets.
• FedNow Service Instant payments infrastructure operating around the clock, 365 days a year, enabling financial institutions of all sizes to offer customers the ability to send and receive money immediately.
• Bank On National Data Hub Data hub tracking the growth and impact of the Bank On movement, which has helped open over 14 million certified banking accounts to integrate unbanked and underbanked households into mainstream banking.

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Federal Reserve Bank of New YorkcoreOthersCollaboration on financial inclusion initiatives. The St. Louis Fed uses the New York's Credit Insecurity Index alongside its Bank On National Data Hub to provide county-level indicators for community outreach in California's Central Valley.
• Federal Reserve Bank of PhiladelphiacoreOthersCollaboration on financial inclusion data. The Philadelphia Fed's Consumer Credit Explorer is used alongside the St. Louis Fed's Bank On National Data Hub to support community development initiatives.
• Bank On CoalitioncoreStrategic or Co-development PartnerPartnership to open certified banking accounts for unbanked and underbanked households. The St. Louis Fed hosts the Bank On National Data Hub, which tracks millions of accounts opened through the initiative across the U.S.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Federal Reserve Bank of San Francisco: Regional Federal Reserve Bank with identical mandate. Direct peer on research, supervision, and innovation initiatives including payments-system development.
• Federal Reserve Bank of Kansas City: Geographically and economically adjacent Federal Reserve Bank serving a neighboring agricultural/rural district. Direct peer on monetary policy research, community development, and bank supervision.
• Federal Reserve Bank of Chicago: Regional Federal Reserve Bank with comparable structure and mandate. Direct peer on research, supervision, and payments; large footprint and overlapping regional reach.
• Federal Reserve Bank of Atlanta: Regional Federal Reserve Bank known for research and innovation (e.g., cash product office). Direct peer on monetary policy, supervision, and payments.
• Federal Reserve Bank of Philadelphia: Regional Federal Reserve Bank with identical mandate. Direct peer on economic research, supervision, and payment services; collaborates with St. Louis on consumer credit data.
• Federal Reserve Bank of New York: One of the 12 regional Federal Reserve Banks, sharing identical statutory mandate, structure, and functions (monetary policy, supervision, payments, fiscal agency). The NY Fed is a direct peer and active collaboration partner on financial-inclusion data tools.

Others

• Bureau of Economic Analysis (BEA): Federal statistical agency producing key economic time-series data also surfaced through FRED. Thematically adjacent as a producer and distributor of official U.S. economic statistics.
• Federal Deposit Insurance Corporation (FDIC): Federal banking regulator with overlapping supervisory responsibilities over state-chartered banks. Comparable as a financial-system safety-and-soundness institution serving the same banking ecosystem.
• U.S. Department of the Treasury: Primary federal counterparty the St. Louis Fed serves as fiscal agent for (Treasury securities issuance, government account management). Comparable in economic-policy and financial-system relevance but distinct in function.

Broad incumbents

• Board of Governors of the Federal Reserve System: Central governing body overseeing all 12 Reserve Banks. Comparable in mandate (monetary policy, financial stability, supervision) but operates at national level rather than as a regional institution.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/stlouisfed
• Xx.com/stlouisfed
• Facebookfacebook.com/stlfed

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

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Frequently asked questions about Federal Reserve Bank of St. Louis