The Risk and Policy Analysis Unit (RPA) conducts research and analysis to support the Federal Reserve System's supervisory efforts, the System's development and implementation of regulatory policy, and the System's formation of monetary policy.
Guidance for appeals of material supervisory determinations process, consistent with sections 309 of the Riegle Community Development and Regulatory Improvement Act of 1994, 12 U.S.C. Section 4806 as detailed in SR 95-18 (SUP)
The Federal Reserve Bank of Boston's Applications Unit is responsible for processing applications and notices submitted to the Federal Reserve System pursuant to the Bank Holding Company Act of 1956, as amended, and the Federal Reserve Act.
The Community Reinvestment Act requires the Federal Reserve Bank of Boston to assess each state member bank's record of helping to meet the credit needs of its local communities consistent with safe and sound operation.
Any state-chartered mutual or stock-formed bank may become a member of the Federal Reserve System. The twelve Reserve Banks supervise member banks under the System's mandate to assure strength and stability in domestic markets and the banking system.
The Discount Window functions as a safety valve in relieving pressures in reserve markets and helps to assure the basic stability of financial markets. It is administered in each Federal Reserve District for the District’s depository institutions.