The Cleveland Fed is pleased to announce that Beth M. Hammack will be our next president and CEO, beginning August 21, 2024. In this role, she will represent the Fourth Federal Reserve District in national monetary policymaking and lead our 1000 employees. Congratulations, Beth! View the full announcement: https://clefed.org/3wU6f1Q
About us
The Federal Reserve Bank of Cleveland is one of 12 Reserve Banks that together with the Board of Governors in Washington DC, comprise the Federal Reserve System. As the US central bank, the Fed formulates and implements monetary policy, provides payment services to commercial banks and the US government, and supervises banking institutions. Led by president and CEO Loretta J. Mester, the Cleveland Fed operates from its headquarters in downtown Cleveland and from two branches in Cincinnati and Pittsburgh. It employs some 950 people and serves the Fourth Federal Reserve District, which comprises Ohio, western Pennsylvania, the northern panhandle of West Virginia, and eastern Kentucky. The Cleveland Fed began operating in 1914 in a temporary location, and opened its current headquarters in 1923. Dr. Mester assumed the helm of the organization in June 2014. Contrary to common misperception, the Cleveland Fed’s employees are not government employees. The Federal Reserve is an independent entity within government. It is not owned by anyone and is not a private, profit-making institution.
- Website
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http://www.clevelandfed.org
External link for Federal Reserve Bank of Cleveland
- Industry
- Banking
- Company size
- 501-1,000 employees
- Headquarters
- Cleveland, OH
- Type
- Nonprofit
- Founded
- 1914
- Specialties
- Monetary Policy, Payment and Financial Services, Bank Supervision and Regulation, and Economic Research
Locations
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Primary
1455 East Sixth Street
Cleveland, OH 44114, US
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150 East Fourth Street
Cincinnati, OH 45202, US
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One Oxford Centre, Suite 3000
301 Grant Street
Pittsburgh, PA 15219, US
Employees at Federal Reserve Bank of Cleveland
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Sam Sherwood
Engineering Consultant | Bridging Insights and Execution | Available for engagements with marketing, development and design teams.
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Hal Martin
Director of the Small Business Credit Survey and Policy Economist at Federal Reserve Bank of Cleveland
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Kenneth LeFebvre
Experienced software builder
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Jerimie Shultz, CPA, CGMA, MBA
Updates
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ALERT: Be aware of potentially fake online job postings that claim to be from the Federal Reserve. Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels. https://lnkd.in/g5RZwpJA
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Federal Reserve Bank of Cleveland reposted this
This October, the Federal Reserve System's Minorities in Banking Forum returns for another year! Be a part of this event for industry updates, professional development conversations, diversity and inclusion strategies, and networking opportunities. SAVE THE DATE: 📅 October 2 - 3, 2024 📍Federal Reserve Bank of Cleveland More information coming soon at https://bit.ly/3Sb9REe. #FederalReserve #Banking #Banks #Finance #CareerDevelopment #MinoritiesInBanking #Leadership #MinoritiesInLeadership #Diversity #Inclusion
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Happy National Intern Day! This summer we welcomed 19 interns from across the country. Each one shared helpful advice for future interns, see their responses: #NationalInternDay
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Throughout the month of July, we feature the young professionals at the Cleveland Fed. In honor of this commitment, we are also sharing data from the 2023 Small Business Credit Survey on small businesses owned by someone under the age of 35. Here are some of the findings: 53% reported operating at a profit 56% are men-owned 82% are in urban areas 70% expect their revenues to increase in the next 12 months Visit the Fed Small Business website for more information on these small businesses and others: https://lnkd.in/eq4uB7tD
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The part of the Federal Reserve’s work most visible to the American public is our role in circulating cash throughout the economy, both currency and coinage. Did you know? Coins are manufactured at the US Mint’s Denver and Philadelphia facilities in a complex, multi-step process. Learn more about our work and the cash department: https://clefed.org/4bCuwI3 #FederalReserve #Cash #Currency
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We have two open positions in our Information Security department. We are looking for Information Security Compliance Analysts at both the senior and associate levels. In this role, you will analyze results of the Bank's technical operations, information privacy, and state of compliance with security controls and recommend improvements. For more information on the roles or to apply, visit: https://clefed.org/3VOYdzB #NowHiring #Hiring #InformationSecurity #Cybersecurity
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The Kentucky flood in 2022 resulted in 13 counties being deemed federal disaster areas, 8,408 homes damaged, and 542 homes destroyed. 44 people died. Despite the initial devastation, the region is on a path to recovery, in part supported by money that has flowed into the area and the determination of its community members. Read our latest Notes from the Field titled: “Below the Surface You Still See It”: The Eastern Kentucky Flood, Two Years Later. https://clefed.org/3Y3EsHv #KentuckyFlood #Kentucky #CommunityDevelopment
“Below the Surface You Still See It”: The Eastern Kentucky Flood, Two Years Later
clevelandfed.org
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Federal Reserve Bank of Cleveland reposted this
Save the date for the 2024 Minorities in Banking Forum, taking place Oct. 2-3 at the Federal Reserve Bank of Cleveland! We can't wait to see you for this impactful event focusing on diversity and inclusion, leadership, and career enhancement. https://bit.ly/3Sb9REe 📣 P.S. Know some people in your network who might be interested? Share this post and help us spread the word! #FederalReserve #Diversity #Inclusion #Leadership #CareerDevelopment #Banking #Banks #Bankers #Finance
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Welcome to our newest Research Analysts! Research analysts (RAs) play an important role in the Research Department at the Federal Reserve Bank of Cleveland by contributing to both academic research and policy analysis. RAs work alongside PhD economists and learn the ins and outs of creating economic research, develop marketable skills, and build human capital. 📸: Taylor Horn, Isabella Wang, Dylan Jacobs, Ruchita Coomar, and James Hamlette.
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