Federal Reserve Bank of Atlanta Highlights of the Supervisory Process for Community Banking Organizations Welcome to the Federal Reserve System. The Federal

Reserve has been in the business of ensuring the safety and soundness of financial institutions since it was founded by Congress in 1913. Through its decentralized structure, evolving use of technology, continuing examiner education programs, and partnership with state regulators, the Federal Reserve provides its state member banks with a supervisory process that is anticipatory, responsive, efficient, and of the highest quality. 1 2BOARD OF GOVERNORS STRUCTURE AND RESERVE BANK STRUCTURE Congress designed the structure of the Federal Reserve System to give it a broad perspective on the economy and on economic activity in all parts of the nation. It is a federal system, composed of a central, governmental agency—the Board of Governors in Washington, DC—and 12 regional Federal Reserve Banks, including the Federal Reserve Bank of Atlanta (the Atlanta Fed). The Atlanta Fed footprint covers the Sixth Federal Re