How much does Federal Reserve Bank pay? Federal Reserve Bank pays its employees an average of $86,707 a year. Salaries at Federal Reserve Bank range from an average of $51,639 to $143,506 a year. Federal Reserve Bank employees with the job title Vice President (VP), Human Resources (HR) make the most with an average annual salary of $250,000, while employees with the title Administrative Assistant make the least with an average annual salary of $22,000.