Staying in touch with the Eighth District is a priority in each of the District’s four offices. Engagement and collaboration help us better understand the economic conditions throughout the District’s diverse communities. These shared insights often lead to better decisions and solutions that help the economy as a whole perform better.
The St. Louis Fed has created a brochure that highlights the Bank's programs, services and resources that make a difference in Eighth District communities.
Promoting community and economic development and fair and equal access to credit is the mission of the St. Louis Fed’s Community Development department.
Launched in 2013, the Center for Household Financial Stability is a research initiative of the Community Development department of the St. Louis Fed focused on rebuilding the household balance sheets of struggling American families.
The Center for Household Financial Stability conducts primary and applied research on family balance sheets—including the health of U.S. family balance sheets, why they matter and new ideas to improve them. Through a broad range of events, presentations, media engagements and publications, the Center leverages its research to inform public policy, community practice, families and future research.
The St. Louis Fed’s Community Development Advisory Council (CDAC) is composed of executives from organizations throughout the District who are experts in community and economic development. The council was created to keep the St. Louis Fed’s president and Community Development staff informed about relevant issues and to suggest ways the Bank might support local development efforts.
Bridges is a quarterly review of regional community and economic development issues, projects and regulatory changes for practitioners from community-based organizations, as well as for Community Reinvestment Act officers, academics and government officials. Subscribe to Bridges.
The annual Community Development Outlook Survey monitors the economic factors affecting low- and moderate-income people and communities in the Eighth District. Data received is useful for strategic planning, community and economic development, and public policy dialogue.
In 2015, 12,579 people attended 41 workshops, conferences, speeches and other events sponsored by the Community Development department.
The quarterly Housing Market Conditions Report provides an overview of housing market conditions in each of the seven states that make up the Eighth District and the Metropolitan Statistical Areas of Little Rock, Louisville, Memphis and St. Louis.
Economist Bill Emmons provides insights on each Housing Market Conditions report in a publication called Housing Market Perspectives.
St. Louis Fed officials and economists frequently speak to business and civic groups around the Eighth District about the purposes and functions of the Federal Reserve, as well as banking issues and regional and national economic conditions.
The St. Louis Fed’s industry councils are designed to build a consistent and dependable two-way line of communication about economic conditions between the St. Louis Fed and industry representatives throughout the Eighth District. The councils are made up of leaders representing key District industry sectors: agribusiness, health care, real estate and transportation.
The St. Louis Fed’s Community Depository Institutions Advisory Council (CDIAC) is composed of 12 executives from smaller financial institutions across the Eighth District. Council members meet twice a year to advise Bank President James Bullard on the credit, banking and economic conditions facing their institutions and communities.
Branch executives and other St. Louis Fed officials reach out to financial executives and community bankers regularly in the region to discuss issues that bankers in the District believe are relevant to the industry and regional economy. In turn, Bank officials share information about Fed resources and discuss issues that bankers have. These meetings help inform St. Louis Fed President James Bullard’s analysis and discussion on monetary policy.
Dialogue with the Fed events help clarify the often-confusing economic information contained in news and data reports. At these public forums, St. Louis Fed experts explain and take questions about current topics related to the economy.
In 2016, the St. Louis Fed’s Economic Education department had more than 1 million enrollments in online courses nationwide.
Knowledge about economics, money, banking and personal finance fosters a stronger economy. The St. Louis Fed’s Economic Education staff seeks to make a difference by reaching out to K-16 educators and their students with a variety of economic and financial education resources and programs, including videos, podcasts, online courses, lesson plans, interactive whiteboard applications, conferences and websites. Many materials are also available in Spanish.
See what you can find at stlouisfed.org/education
Read current and past issues of these and other St. Louis Fed publications—and subscribe free of charge.
Tap into the continual flow of valuable information from numerous sources:
FRED recently celebrated 25 years of providing free data to the public, and the FRED team is always looking for ways to improve and expand FRED’s capabilities. FRED is also available through an iPhone/iPad app and includes an Excel add-in.
For decades, the St. Louis Fed has maintained a reputation in the Federal Reserve System for challenging the status quo, enhancing the rigor of the monetary policy debate, and pushing the frontier of research in academic and policy circles. The Bank also remains a global leader in providing economic analysis and data to the public.
Access these free resources and more on the Bank’s research site.
In 2014, the St. Louis Fed opened the doors of its historic building to welcome the public to its new Inside the Economy® Museum. The award-winning, 4,700-square foot museum immerses visitors in an interactive, educational experience designed to explain the economy through nearly 100 displays, games, sculptures and videos.
Visitors to the museum learn about the economy in hands-on ways, such as by playing a trading pit game that lets them experience the high-adrenaline, quick-thinking life of a stock trader. Other exhibits explain how the decisions that each of us makes everyday impact the economy, how education affects future earnings, how standards of living vary across nations, and much more.
The museum welcomes both walk-in visitors and groups. It is an ideal class field trip location for students in middle school through college. The compelling content is presented in a dynamic fashion as the St. Louis Fed’s traditional architectural setting is transformed into a modern, stimulating learning environment. To enhance their students’ experience, teachers can use the museum’s multipurpose classroom to discuss what their students have learned or to teach one of the St. Louis Fed’s ready-to-go lesson plans.
Hours: Weekdays, 9 a.m. to 3 p.m. | Admission: Free
To promote a safe, efficient and competitive banking system, the St. Louis Fed’s Banking Supervision division monitors the financial condition and reviews the regulatory compliance of state member banks, as well as bank and savings and loan holding companies, in the Eighth District.
Safety and soundness examiners conduct commercial bank examinations and bank and savings and loan holding company inspections to evaluate the soundness of an institution’s assets and the effectiveness of its internal operations, policies and management. Examiners analyze key financial factors (such as capital, earnings and liquidity), assess the institution’s sensitivity to certain risks and check for compliance with banking laws and regulations.
Consumer affairs examiners conduct examinations of state member banks to evaluate compliance with various consumer protection laws and regulations. These examiners separately review how well a bank meets the credit needs of its entire community in support of the Community Reinvestment Act.
The Credit Office, also known as the discount window, lends money to depository institutions to relieve liquidity strains in a depository institution and in the banking system as a whole. All loans must be fully secured by acceptable collateral. The discount window also helps to ensure the basic stability of the payment system more generally by supplying liquidity during times of systemic stress.
Eighth District cash employees in St. Louis and Memphis process more than 1 billion currency notes annually on high-speed processing equipment, which authenticates 40 currency notes every second.
The St. Louis Fed supports financial operations in the Eighth District through currency and coin operations and Treasury services.
Cash Operations: The St. Louis Fed’s Cash operations, performed primarily in St. Louis and Memphis, meet banks’ demands for coin and currency, test the notes for authenticity to ensure they’re not counterfeit and then evaluate their fitness for circulation.
Treasury Services: As fiscal agent to the U.S. Treasury, Federal Reserve banks help support the federal government’s financial systems, ensuring the flow of government funds is efficient, dependable and secure. The St. Louis Fed provides cash management, accounting, collateral, federal agent outreach, and improper payment prevention services to the U.S. Treasury. The St. Louis Fed also performs an important leadership function, coordinating all Treasury support activities throughout the Federal Reserve System.