Atlanta Fed Announces Vice President in Federal Reserve Financial Services
For immediate release: August 05, 2025
Philip "Phil" Ridgway has been promoted to vice president of Product Development for Federal Reserve Financial Services (FRFS), effective June 1. He previously served as assistant vice president in the same area since 2020. In his new role, Ridgway will lead product development for Check and FedACH.
Ridgway's Federal Reserve career started at the Kansas City Fed in 2013 as a lead enterprise architect for Check and FedACH Retail Payment Technology Services. He joined the Atlanta Fed in 2016 as a product development director in the Retail Payments Office (RPO). He was promoted to product strategist in 2017 and to product architect in 2019. In 2022, Ridgway led the development of both core and value-add services for the Check and FedACH business lines. When the RPO's product offices merged to form FRFS in 2022, he took on additional responsibilities for product strategy across the enterprise.
Ridgway attended North Staffordshire University in the United Kingdom.