Company: Federal Reserve Bank of Dallas

The Federal Reserve Bank of Dallas, established in 1914, is one of twelve regional banks in the Federal Reserve System, serving the Eleventh Federal Reserve District. Its primary mission is to foster a sound banking system and a healthy economy in Texas, northern Louisiana, and southern New Mexico. The Dallas Fed conducts research, implements monetary policy, supervises and regulates financial institutions, and provides various financial services to depository institutions. It plays a crucial role in maintaining stability and ensures the effective functioning of the U.S. economy.