Federal Reserve Bank of St. Louis

Overview:

The Federal Reserve Bank of St. Louis was established in 1914, after the creation of the Federal Reserve System in 1913. The Eighth Federal Reserve District is headquartered in St. Louis and has branches in Little Rock, Ark., Louisville, Ky., and Memphis, Tenn. The District includes all of Arkansas and portions of six other states: Missouri, Mississippi, Tennessee, Kentucky, Indiana and Illinois. The St. Louis Bank serves most of eastern Missouri and southern Illinois. See a map (PDF 209 KB). As one of the 12 regional Reserve banks in the Fed System, the St. Louis Fed is central to America's economy. All of the Reserve banks share some degree of similar duties. But because the banks are independent of one another, each has some specialized assignments and tasks that distinguish it. The St. Louis Bank's five most-critical functions can be described as follows: We promote stable prices and economic growth. (How we do it.) We foster a sound financial system. (How we do it.) We provide payment services to financial institutions. (How we do it.) We support the U.S. Treasury's financial operations. (How we do it.) We advance economic knowledge, community development and fair access to credit.

Benefits:

At the St. Louis Fed, we want to ensure that you feel rewarded, appreciated, financially protected and prepared for the future. That's why we offer a carefully planned and comprehensive benefits package that reflects your needs—and those of your family—with an emphasis on flexibility, convenience and choice. Highlights include: Medical Coverage: As a Fed employee, you can choose from a variety of health plans to meet your needs. Your health care coverage includes domestic partner benefits. Dental Insurance: Coverage options include preventive, basic, major and orthodontic services available through your choice of Health Maintenance Organization (HMO) and Preferred Provider Organization (PPO) plans. Vision Services Plan: You can take advantage of an economical supplemental vision plan. Thrift Plan (401k): It's never too early or too late to begin saving for retirement or other major expenses. Our Thrift Plan gives you an opportunity to contribute to both a savings and a deferred compensation account. You'll receive an automatic contribution from the Fed, equal to 1 percent of your salary. Better yet, the Fed will match your contributions dollar for dollar, up to 6 percent. Retirement Plan: To augment your Thrift Plan savings and Social Security benefits, the Bank provides a monthly pension based on final salary, years of service and age. No employee contribution is required, and you will be 100 percent vested in the program after five years of service. Educational Assistance: The Fed reimburses 100 percent of tuition, book and course fees (up to an annual maximum) for full-time employees enrolled in an approved degree program. Part-time employees are reimbursed at 50 percent. Career Development: Resources are provided to help employees develop their competencies, skills and knowledge from the mentoring program to professional development seminars and a host of in-house training courses. Paid Time Off: The Fed offers generous paid time off that includes holidays, vacation, sick leave and personal days. Life Insurance: You are covered by an employer-paid life insurance benefit that provides financial protection for your family. You may also purchase additional coverage with our group universal life insurance plan. Flexible Spending Accounts: Employees can set aside pre-tax dollars for eligible medical and dependent care expenses. Adoption Assistance: Family matters at the St. Louis Fed. We offer a reimbursement for qualified adoption expenses. Flexible Work Practices: For some departments and positions, flexible scheduling, telecommuting and remote work arrangements are available options.Additional optional benefits include: long-term care and disability insurance, personal accident insurance, auto, home and legal insurance, employee assistance program, and emergency back-up care for dependents. The Federal Reserve Bank of St. Louis is fully invested in you.

Career Opportunities:

Ready to do something vitally important with your career? Then you're ready for a career with the Federal Reserve Bank of St. Louis. One of the 12 District banks of the Federal Reserve—the central bank of the United States—our work is essential to the growth and stability of our nation's economy. It's a tremendous responsibility, one that demands the utmost in integrity...ethics...and commitment to quality. And it's one we take on with pride.

Contact Us:

Postal mailing address (USPS): P.O. Box 442 St. Louis, MO 63166-0442 Main phone numbers: 314-444-8444 1-800-333-0810 (toll-free from an Eighth District state) Shipping address (UPS, FedEx, etc.): 1421 Dr. Martin Luther King Drive St. Louis, MO 63106-3716