Search Banking Research Events Education Region & Community Careers About Us About Us The Federal Reserve Bank of Chicago fosters economic opportunity by advancing a strong, inclusive economy and promoting a stable and secure financial system so people can borrow, save, and spend. We serve the public by contributing to the creation of a national monetary policy, supervising and regulating banking organizations, and providing financial services to banks and other depository institutions and the U.S. government. The Chicago Fed serves the Seventh District: Iowa and most of Illinois, Indiana, Michigan, and Wisconsin. The Seventh District is economically diverse, with a heavy concentration in manufacturing and agriculture. The Chicago Fed is part of the Federal Reserve System, which is made up of 12 regional Reserve Banks and the Board of Governors in Washington, D.C. Together, they serve as the central bank for the United States. The Chicago Fed Corporate Social Responsibility Leadership Charles L. Evans President and Chief Executive Officer Charles Evans Bio Ellen Bromagen First Vice President and Chief Operating Officer Ellen Bromagen Bio About Federal Reserve Bank of Chicago The Chicago Fed serves the Seventh Federal Reserve District, an economically diverse region that includes all of Iowa and most of Illinois, Indiana, Michigan and Wisconsin. The Seventh District has a large national share of many important economic sectors. The Chicago Fed has a head office in Chicago and a branch office in Detroit. About the Federal Reserve System Congress created the Federal Reserve System in 1913, charging it with the responsibility to foster a sound banking system and a healthy economy. This remains the broad mission of the Fed and its component parts: the 12 Federal Reserve Banks nationwide that each serve a specific region of the country, and the Board of Governors in Washington, D.C., which is set up to oversee the Fed System. To accomplish its mission, the Fed: serves as a banker's bank and as the government's bank serves as a regulator of financial institutions serves as the nation's money manager, performing a vast array of functions that affect the economy, the financial system, and ultimately, each of us For more information on the Federal Reserve System, please visit Fed FAQs. In the Federal Reserve System Federal Open Market Committee Calendar Federal Reserve System Locations Resources Annual Report Bank Holidays Corporate Social Responsibility Newsroom Banking Research Events Education Region & Community Careers About Us Contact Us Newsroom Museum Subscribe Style Guide Follow Us The Fed Apps Our Values Integrity Respect Responsibility Excellence Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322 Copyright © 2021. All rights reserved. Please review our Privacy Policy | Legal Notices