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Working at Federal Reserve Bank of Cleveland

Zippia Score 4.9

Overview

SalaryRevenueReviewsHistoryCompetitorsCEO & Executives

Federal Reserve Bank of Cleveland overview

Industry
Banking
Revenue
$460M
Headquarters
Employees
1,400
Founded In
1914
Website
Organization Type
Private
CEO
Loretta J. Mester
Social Media
The Federal Reserve Bank of Cleveland was established in 1914 as a part of the Federal Reserve System, the central bank of the United States. The Bank's main office took up residence in its current home in the heart of downtown Cleveland in 1923. The Federal Reserve Bank of Cleveland serves the Fourth Federal Reserve District, which comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. It is one of twelve regional Reserve Banks, that together with the Board of Governors in Washington, DC, make up the Federal Reserve System. To foster the stability, integrity, and efficiency of the nation's monetary, financial, and payments systems to promote optimal economic performance.
Federal Reserve Bank of Cleveland has been around for a long time. It was founded back in 1914. This established company loves to hire graduates from Cleveland State University, with 22.4% of its employees having attended Cleveland State University. Federal Reserve Bank of Cleveland is a great place to work and is featured as number 3 on Zippia's list of Best Companies to Work for in Cleveland, OH.The average employee at Federal Reserve Bank of Cleveland makes $49,559 per year. Pay at Federal Reserve Bank of Cleveland is significantly lower than some of its highest paying competitors, like Blackstone Group, Federal Reserve Bank of New York, and OCC, which pay $96,791, $92,408, and $91,809, respectively.
Based in Cleveland, OH, Federal Reserve Bank of Cleveland is a key player in the finance industry with 1,400 employees and an annual revenue of $460.0M.

Federal Reserve Bank of Cleveland's Mission Statement

Our vision is to be a premier Federal Reserve Bank recognized for operational excellence and expertise in payments systems, banking supervision, and economic issues that are important to our region and nation.

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Average salary at Federal Reserve Bank of Cleveland
$49,559 yearly
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Federal Reserve Bank of Cleveland culture

  • What makes Federal Reserve Bank of Cleveland a great place to work

    Well I have to say the company has great working environment and hours are very flexible

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    The culture here is great with all employees and staff

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The team at Federal Reserve Bank of Cleveland

  • The key people at Federal Reserve Bank of Cleveland is Loretta J. Mester.
Key People
Loretta J. Mester

Federal Reserve Bank of Cleveland Rankings

Federal Reserve Bank of Cleveland is ranked #99 on the Best Finance Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Federal Reserve Bank of Cleveland salaries

The average a Federal Reserve Bank of Cleveland salary in the United States is $49,559 per year. Federal Reserve Bank of Cleveland employees in the top 10 percent can make over $99,000 per year, while Federal Reserve Bank of Cleveland employees at the bottom 10 percent earn less than $24,000 per year.
Average Federal Reserve Bank of Cleveland Salary
$49,559
yearly
$23.83 hourly
Updated March 14, 2024

Evaluate Federal Reserve Bank of Cleveland's commitment to diversity and inclusion.

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Federal Reserve Bank of Cleveland diversity

9.4
Diversity Score
We calculated Federal Reserve Bank of Cleveland’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Federal Reserve Bank of Cleveland’s workforce.

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Does Federal Reserve Bank of Cleveland actively promote diversity and inclusion?

Federal Reserve Bank of Cleveland Financial Performance

9.8
Performance Score

Highest paying Federal Reserve Bank of Cleveland competitors

Compare Federal Reserve Bank of Cleveland salaries to competitors, including Blackstone Group, Federal Reserve Bank of New York, and OCC. Employees at Blackstone Group earn the highest average yearly salary of $96,791. The salaries at Federal Reserve Bank of New York average $92,408 per year, and the salaries at OCC come in at $91,809 per year.
RankCompanyAverage SalaryJobs
1Blackstone Group$96,79111
2Federal Reserve Bank of New York$92,40833
3OCC$91,809100
4Federal Reserve$91,0071
5Council of Federal Home Loan Banks$80,1947
6Federal Reserve Bank of Boston$71,01749
7Integrated Asset Services$68,2581
8HPG$64,6651
9Bankers' Bank$64,5513
10Standard Insurance Company$62,36836
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Updated March 14, 2024

Zippia gives an in-depth look into the details of Federal Reserve Bank of Cleveland, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Federal Reserve Bank of Cleveland. The employee data is based on information from people who have self-reported their past or current employments at Federal Reserve Bank of Cleveland. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Federal Reserve Bank of Cleveland. The data presented on this page does not represent the view of Federal Reserve Bank of Cleveland and its employees or that of Zippia.

Federal Reserve Bank of Cleveland may also be known as or be related to Federal Reserve Bank Of Cleveland, Federal Reserve Bank of Cleveland and The Federal Reserve Bank of Cleveland.