Federal Reserve Bank salaries in Washington, DC

Q: What is the starting pay at Federal Reserve Bank in Washington?

The starting pay at Federal Reserve Bank in Washington is around $34,000 per year, or $16 per hour.

Q: How much does Federal Reserve Bank pay hourly in Washington?

Federal Reserve Bank pays $34 hourly in Washington, which is 16% above the national average.

Q: How much does Federal Reserve Bank pay Head Customer Service Representatives in Washington?

Federal Reserve Bank pays head customer service representatives in Washington around $110 per hour, or $228,038 per year.

Average Federal Reserve Bank salary in Washington, DC

$71,255yearly

$34.26 hourly rate

Entry-level Federal Reserve Bank salary in Washington

$34,000 yearly

Updated April 5, 2024

How much does Federal Reserve Bank pay in Washington, DC?

The average Federal Reserve Bank salary in Washington, DC is $71,255. Federal Reserve Bank salaries range between $34,000 to $146,000 per year in Washington. Federal Reserve Bank Washington based pay is higher than Federal Reserve Bank's United States average salary of $61,672. The best-paying job in Washington at Federal Reserve Bank is head customer service representative, which pays an average of $228,038 annually.

Federal Reserve Bank employees in Washington make $3,745 less than the average salary in Washington, $75,000.

Federal Reserve Bank salaries in Washington, DC by job title

Federal Reserve Bank’s highest-paying job in Washington, DC is head customer service representative, with an average salary of $228,038. The second highest is chief finance officer, which pays $206,486 annually in Washington, DC.

Highest paying jobs at Federal Reserve Bank in Washington, DC

Rank	Job title	Avarage Federal Reserve Bank salary	Hourly pay
1	Head Customer Service Representative	$228,038	$110
2	Chief Finance Officer	$206,486	$99
3	Credit Administrator	$193,105	$93
4	Chief Information Officer	$192,465	$93
5	Executive Assistant To Managing Director	$189,886	$91
6	General Manager	$179,811	$86
7	Portfolio Manager	$179,381	$86
8	Loan Servicing Specialist	$170,120	$82
9	Assistant Treasurer	$169,840	$82
10	Department Manager	$168,982	$81

Federal Reserve Bank salaries in Washington, DC by department

The departments with the highest salaries for Federal Reserve Bank employees in Washington are Engineering, IT, and Finance.

Washington Federal Reserve Bank employees in the Engineering department earn an average salary of $92,327 a year, compared to an average salary of $84,187 in the IT department and $69,497 in the Finance department.

Highest-paying departments at Federal Reserve Bank in Washington, DC

Rank	Department	Avarage Federal Reserve Bank salary	Hourly pay
1	Engineering	$92,327	$44
2	IT	$84,187	$40
3	Finance	$69,497	$33
4	Administrative	$51,782	$25
5	Customer Service	$46,664	$22
6	Retail	$43,629	$21

How much does Federal Reserve Bank pay by city?

The cities near Washington, DC where Federal Reserve Bank pays the highest salaries are New York ($72,618), San Francisco ($71,343), Seattle ($69,928), Boston ($69,633) and East Rutherford ($68,885).

Highest-paying cities near Washington, DC at Federal Reserve Bank

Rank	City	Avarage Federal Reserve Bank salary	Hourly pay
1	New York	$72,618	$35
2	San Francisco	$71,343	$34
3	Seattle	$69,928	$34
4	Boston	$69,633	$33
5	East Rutherford	$68,885	$33
6	Baltimore	$65,510	$32
7	Richmond	$65,070	$31
8	Denver	$64,653	$31
9	Minneapolis	$64,141	$31
10	Chicago	$63,838	$31

Federal Reserve Bank’s competitor’s salaries in Washington, DC

The highest paying Federal Reserve Bank competitor in Washington, DC is Blackstone Group. The average salary at Blackstone Group in Washington, DC is $228,038. The lowest paying Federal Reserve Bank competitor in Washington, DC is Chicago Stock Exchange.

Highest-paying Federal Reserve Bank competitors in Washington, DC

Rank	Company name	Avarage pay in Washington, DC	Hourly pay
1	Blackstone Group	$110,384	$53
2	Federal Reserve	$108,194	$52
3	OCC	$95,442	$46
4	IIF	$91,811	$44
5	Council of Federal Home Loan Banks	$89,348	$43
6	Federal Reserve Bank of Boston	$84,074	$40
7	GuideWell Source	$83,848	$40
8	Integrated Asset Services	$78,832	$38
9	STRS Ohio	$73,033	$35
10	Chicago Stock Exchange	$71,610	$34

Recently added Federal Reserve Bank salaries in Washington, DC

Job	Location	Date added	Salary
Finance Internship	Washington, DC	01/28/2025	$55,180

Frequently asked questions about Federal Reserve Bank pay in Washington, DC

What is the starting pay at Federal Reserve Bank in Washington?

How much does Federal Reserve Bank pay hourly in Washington?

How much does Federal Reserve Bank pay Head Customer Service Representatives in Washington?

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Federal Reserve Bank Salaries In Washington, DC