Federal Reserve Bank of New York (New York Fed), a part of the Federal Reserve System is one of the twelve Federal Reserve Banks. The bank formulates and executes monetary policy, supervises and regulates depository institutions, and manages international operations. It assists the federal government's financing operations and distributes coins and currency. It concentrates on managing the payment system, manages the circulation of currency, and provides short and long-term loans based on the credit needed by depository institutions. New York Fed operates its business in New York county, Puerto Rico, the US Virgin Islands, Fairfield County in Connecticut, and the twelve northern counties of New Jersey. New York Fed is headquartered in New York City, New York, the US.

Products and Services