Download the Kansas City Fed's 2025 Annual Report

The Federal Reserve Bank of Kansas City was established more than a century ago to serve the nearly 20 million citizens and communities of the Tenth Federal Reserve District. Through its early years, the Kansas City Fed built a network of payments services, established an effective bank supervisory program and developed a world-class research organization which contributes to industrial and agricultural growth and prosperity.

In the following decades, we’ve realized exponential growth in technology and productivity. Building on this legacy, the Kansas City Fed launched its Forward Together Strategy in 2025. This plan is a roadmap to ensure the Bank continues to effectively and efficiently serve the public over the next several years.

It is the result of an extensive development process with review and input by our employees, officers and Boards of Directors, who represent community and business leaders from across the seven-state region. Key accomplishments from 2025 include:

This work demonstrates our commitment to performance excellence while continuing to meet our budgetary and financial obligations.

You can view the Bank’s many activities, together with audited financial statements for 2025, at KansasCityFed.org.

The 2025 Annual Report details how we will deliver our strategic commitments. As the professionals of the Kansas City Fed work diligently to bring these plans to fruition, our mission to serve the public and promote economic and financial stability through leadership and performance excellence will drive us Forward Together.

-Jeff Schmid

President and Chief Executive Officer

The views expressed are those of the authors and do not necessarily reflect the positions of the Federal Reserve Bank of Kansas City or the Federal Reserve System.

Author

Jeffrey Schmid

President and Chief Executive Officer

Jeff Schmid is president and chief executive officer of the Federal Reserve Bank of Kansas City. He represents the Tenth Federal Reserve District on the Federal Open Market Comm…

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