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Community Affairs at the Federal Reserve Bank of Kansas City |
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| Our strategic goals | Our mission | Our focus areas | Our history | Contact Us |
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Community Affairs is committed to assisting our stakeholders and the communities we serve to respond effectively to emerging challenges through the use of research, relationship building and resource development.
A truly strong economy is one that fosters growth and opportunity for individuals at all levels. To support these objectives, the Community Affairs Department of the Federal Reserve Bank of Kansas City promotes community development and fair and impartial access to financial products in the Tenth District. The Community Affairs staff serves all seven states in the Tenth District through branch offices in Denver, Oklahoma City and Omaha. While the Kansas City Fed tailors programs to the needs of its region, it shares goals with the 11 other Federal Reserve banks and the Board of Governors, giving it the ability to collaborate on successful programs that can be replicated regionally and nationally.
Created by Congress in 1913 to address periodic financial crises in the nation, the Federal Reserve System came to be charged with broader responsibilities, including fostering a sound banking system and a healthy economy. Community Affairs was created in the 1980s mainly to help banks understand their responsibilities under the Community Reinvestment Act. But as it became active in development issues, Community Affairs forged new relationships with nonprofit community groups. Over the years, the staff has sought out new opportunities for collaboration to assist low and moderate-income populations. With more than 25 years of experience, Community Affairs departments have become integral parts of their communities, keeping a focus on what is happening in the nation’s diverse geographic regions, stretching far beyond Washington, D.C., and Wall Street. |
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