Our Vision & Mission
About Us
The Chicago Fed is, first and foremost, an organization devoted to serving the public good. We are committed to fostering economic opportunity by advancing a healthy, inclusive economy and promoting a trusted financial system. We serve the Seventh District, an economically and demographically diverse region made up of Iowa and most of Illinois, Indiana, Michigan, and Wisconsin. As a part of the Federal Reserve System—the United States’ central bank—we contribute to the creation of national monetary policy, supervise and regulate banking organizations, and provide financial services to banks and similar institutions, as well as to the U.S. government.
Our District
Served by the Federal Reserve Bank of Chicago, the Seventh Federal Reserve District comprises Iowa and most of Illinois, Indiana, Michigan, and Wisconsin. Its largest metropolitan areas are Chicago, Detroit, Indianapolis, Milwaukee, and Grand Rapids. More than 35 million people lived in the District as of 2021.
Vision
A healthy, stable, and inclusive economy and financial system for our region and nation, where all have the opportunity to thrive.
Mission
The fundamental mission of the Federal Reserve System is to foster the stability, integrity, and efficiency of the nation's monetary, financial, and payment systems so as to promote optimal macroeconomic performance. To this end, the Federal Reserve Bank of Chicago participates in the formulation and implementation of national monetary policy, supervises and regulates designated financial institutions, and provides financial services to depository institutions and the U.S. government.
Values
Integrity
We are honest, fair, courageous, and independent in our work.
Respect
We value diverse people and perspectives, empowering each other to advance our mission.
Responsibility
We work to honor our commitments and hold ourselves accountable.
Excellence
We strive in our work to deliver the best results for the public we serve.
