The webinar is an opportunity for lenders to learn about the Main Street Lending Program’s loan purchase process. The Federal Reserve will finance a Special Purpose Vehicle that will purchase 95 percent participations in qualified Main Street loans. The session will discuss, among other things, how lenders will navigate through the Main Street Lender Portal and required documentation for loan purchases. The webinar is also an opportunity for lenders to get answers to questions from senior officials from the Federal Reserve.

The Main Street Lending Program is designed to support small and medium-sized U.S. businesses and their employees during this period of financial strain by giving these businesses access to additional credit. The program is intended to help businesses that were in sound financial condition prior to the onset of the COVID-19 pandemic maintain operations until conditions normalize. Small and medium-sized businesses are integral...

The coronavirus pandemic sweeping through the United States has highlighted critical pockets of vulnerability in our system of healthcare coverage. Essential frontline workers in particular face ongoing risk of infection and of infecting their families and others. For these workers, health insurance is critical. Healthcare workers, of course, face great risk of infection in this time, but another group of workers is also particularly vulnerable: service workers outside of healthcare settings, in industries that are deemed essential. In this brief, we analyze rates of insurance among essential frontline healthcare and non-healthcare workers across New England. In spite of relatively high rates of insurance in New England, there are roughly 50,000 uninsured essential workers across the region. These workers are at increased risk both of infection and of high out-of-pocket medical expenses if they seek care. Such economic risks may preclude them from...

This webinar is an opportunity for minority and women-owned businesses and interested parties to learn about the Main Street Lending Program and to get answers to questions from senior officials from the Federal Reserve. The session will include an overview of the program, and information about eligibility requirements, loan terms and conditions, and how to get started.

The Main Street Lending Program is designed to support small and medium-sized U.S. businesses and their employees during this period of financial strain by giving these businesses access to loans. The program is intended to help businesses that were in sound financial condition prior to the onset of the COVID-19 pandemic maintain operations until conditions normalize. Small and medium-sized businesses are integral to the U.S. economy and create jobs for a large share of the U.S. workforce.

Interested participants are encouraged to visit the Federal Reserve Bank of...

This page was updated on June 8, 2020 to reflect the Federal Reserve’s announcement to expand the Main Street Lending Program to allow more small and medium-sized businesses to be able to receive support.

In 2019, led by the Federal Reserve Bank of Boston, eight Federal Reserve Banks: Atlanta, Cleveland, Kansas City, Minneapolis, Philadelphia, Richmond, and San Francisco, surveyed financial institutions across the United States about their mobile banking and payment practices and plans.

This report presents the New England District findings from the multi-district 2019 Mobile Financial Services Survey, covering the mobile banking and payments landscape for consumers and businesses.

The 130 NE FIs – 85 banks and 45 credit unions – represented all six states and 26 percent of total 2019 survey respondents.

This webinar is an opportunity for minority and women-owned businesses and interested parties to learn about the Main Street Lending Program and to get answers to questions from senior officials from the Federal Reserve. The session will include an overview of the program, and information about eligibility requirements, loan terms and conditions, and how to get started.

The Main Street Lending Program is designed to support small and medium-sized U.S. businesses and their employees during this period of financial strain by giving these businesses access to loans. The program is intended to help businesses that were in sound financial condition prior to the onset of the COVID-19 pandemic maintain operations until conditions normalize. Small and medium-sized businesses are integral to the U.S. economy and create jobs for a large share of the U.S. workforce.

Interested participants are encouraged to visit the Federal Reserve Bank of...

Advertising and Marketing

Digitas | Boston, MA

Epsilon Data Management LLC | Irving, TX

Fleishman-Hillard Inc. | St. Louis, MO

Interpublic Group of Companies Inc. | New York, NY

Leo Burnett Company Inc. | Chicago, IL

MSLGROUP Americas | New York, NY

National CineMedia Inc. | Centennial, CO

Nielsen | New York City, NY

Ogilvy Group Inc., The | New York, NY

Omnicom Group | New York, NY

Publicis Healthcare Communications | New York, NY

Publicis Inc. | New York, NY

Publicis Media | New York, NY

Publicis Sapient | Boston, MA

Quantcast Corp. | San Francisco, CA

Re:Sources USA Inc. | Long Island City, NY

Saatchi & Saatchi North America Inc. | New York, NY

WE Communications | Bellevue, WA

 

Aerospace and Defense 

Airbus Americas Inc. | Herndon, VA

BAE Systems Inc. | Arlington, VA

L3 Harris Technologies |...

Takeaway: Ongoing public health concerns have created an unusually complex employment situation, with U.S. unemployment at 13.3 percent, up dramatically from February in all age cohorts. But a return to work by more people is good news only if can be done safely and on a sustained basis. Excerpt: “If workplaces reopen without the necessary health precautions, the recent increases in payroll employment could be offset by possible business closures and serious health outcomes later. … If reopening can be done in ways that protect public health, then better outcomes now will also translate to better outcomes in the future.” Takeaway: The economic rebound in the second half of year is likely to be less than what was hoped for at the outset of the pandemic, due to the continued community spread of COVID-19 and the acceleration of new cases in many states. In addition, more fiscal and monetary policy support will likely be needed. Excerpt: “I expect the unemployment rate to still be at...

Takeaway: Ongoing public health concerns have created an unusually complex employment situation, with U.S. unemployment at 13.3 percent, up dramatically from February in all age cohorts. But a return to work by more people is good news only if can be done safely and on a sustained basis. Excerpt: “If workplaces reopen without the necessary health precautions, the recent increases in payroll employment could be offset by possible business closures and serious health outcomes later. … If reopening can be done in ways that protect public health, then better outcomes now will also translate to better outcomes in the future.” Takeaway: The economic rebound in the second half of year is likely to be less than what was hoped for at the outset of the pandemic, due to the continued community spread of COVID-19 and the acceleration of new cases in many states. In addition, more fiscal and monetary policy support will likely be needed. Excerpt: “I expect the unemployment rate to still be at...

Takeaway: Ongoing public health concerns have created an unusually complex employment situation, with U.S. unemployment at 13.3 percent, up dramatically from February in all age cohorts. But a return to work by more people is good news only if can be done safely and on a sustained basis. Excerpt: “If workplaces reopen without the necessary health precautions, the recent increases in payroll employment could be offset by possible business closures and serious health outcomes later. … If reopening can be done in ways that protect public health, then better outcomes now will also translate to better outcomes in the future.” Takeaway: The economic rebound in the second half of year is likely to be less than what was hoped for at the outset of the pandemic, due to the continued community spread of COVID-19 and the acceleration of new cases in many states. In addition, more fiscal and monetary policy support will likely be needed. Excerpt: “I expect the unemployment rate to still be at...

Takeaway: Ongoing public health concerns have created an unusually complex employment situation, with U.S. unemployment at 13.3 percent, up dramatically from February in all age cohorts. But a return to work by more people is good news only if can be done safely and on a sustained basis. Excerpt: “If workplaces reopen without the necessary health precautions, the recent increases in payroll employment could be offset by possible business closures and serious health outcomes later. … If reopening can be done in ways that protect public health, then better outcomes now will also translate to better outcomes in the future.” Takeaway: The economic rebound in the second half of year is likely to be less than what was hoped for at the outset of the pandemic, due to the continued community spread of COVID-19 and the acceleration of new cases in many states. In addition, more fiscal and monetary policy support will likely be needed. Excerpt: “I expect the unemployment rate to still be at...

The webinar is an opportunity for internal and external legal counsel to learn about the Main Street Lending Program’s legal documentation and to ask questions about the program to attorneys from the Federal Reserve.  The session will discuss, among other things, the various legal documents associated with the program, factors relevant to a true sale analysis, and key issues raised by the certifications.

The Main Street Lending Program is designed to support small and medium-sized U.S. businesses and their employees during this period of financial strain by giving these businesses access to additional credit. The program is intended to help businesses that were in sound financial condition prior to the onset of the COVID-19 pandemic maintain operations until conditions normalize. Small and medium-sized businesses are integral to the U.S. economy and create jobs for a large share of the U.S. workforce.

Interested participants are...

The webinar is an opportunity for internal and external legal counsel to learn about the Main Street Lending Program’s legal documentation and to ask questions about the program to attorneys from the Federal Reserve.  The session will discuss, among other things, the various legal documents associated with the program, factors relevant to a true sale analysis, and key issues raised by the certifications.

The Main Street Lending Program is designed to support small and medium-sized U.S. businesses and their employees during this period of financial strain by giving these businesses access to additional credit. The program is intended to help businesses that were in sound financial condition prior to the onset of the COVID-19 pandemic maintain operations until conditions normalize. Small and medium-sized businesses are integral to the U.S. economy and create jobs for a large share of the U.S. workforce.

Interested participants are...

The Pride flag flies high on the Federal Reserve Plaza , but due to the COVID-19 pandemic, most Federal Reserve Bank of Boston staff aren’t on site to see it. But despite the obstacle of a partially locked down city, bank leaders say they are resolute about making sure the bank’s Pride is seen this month. 

In years past, the Boston Fed has organized highly visible displays, including flag-draped police cruisers, an 80-person human Pride banner, guest speakers and events, and countless Pride ribbons. This year, the pandemic has forced the bank to re-imagine its approach to celebrating the LGBTQ+ community and go mostly virtual. 

In addition to raising the Pride flag on the plaza, the bank updated all its social media logos to include a rainbow banner, while Fed employees also submitted colorful “selfies” to digitally recreate the human Pride banner that usually assembles on the Federal Reserve Plaza. 

“This...

This session is an opportunity for potential borrowers in the Main Street Lending Program to learn about changes to the program announced on June 8, 2020 and to ask questions about the program to senior officials from the Federal Reserve.

The Main Street Lending Program is designed to support small and medium-sized U.S. businesses and their employees during this period of financial strain by giving these businesses access to additional credit. The program is intended to help businesses that were in sound financial condition prior to the onset of the COVID-19 pandemic maintain operations and payroll until conditions normalize. Small and medium-sized businesses are integral to the U.S. economy and create jobs for a large share of the U.S. workforce.

Interested participants are encouraged to review the updated program term sheets and frequently asked questions that were released on June 8, 2020.

The coronavirus pandemic sweeping through the United States has highlighted critical pockets of vulnerability in our system of healthcare coverage. Essential frontline workers in particular face ongoing risk of infection and of infecting their families and others. For these workers, health insurance is critical. Healthcare workers, of course, face great risk of infection in this time, but another group of workers is also particularly vulnerable: service workers outside of healthcare settings, in industries that are deemed essential. In this brief, we analyze rates of insurance among essential frontline healthcare and non-healthcare workers across New England. In spite of relatively high rates of insurance in New England, there are roughly 50,000 uninsured essential workers across the region. These workers are at increased risk both of infection and of high out-of-pocket medical expenses if they seek care. Such economic risks may preclude them from...