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Federal Reserve Bank of Cleveland salary estimate

$49,559yearly

$23.83 hourly rate

Entry-level salary
$24,000 yearly salary
Updated December 15, 2025

Overview of Salaries at the Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland presents a structured salary framework that varies significantly across roles. The average salary stands at $49,559, but this figure masks the broader spectrum of compensation available. For instance, those in high-demand roles such as economist research assistants, who are crucial for data analysis, can command salaries upwards of $145,457.

Other lucrative positions include policy advisors earning around $128,716 and bank examiners at about $103,802. In contrast, entry-level roles like department leads start at around $31,695, reflecting the varied nature of job responsibilities and market demands.

Departmental salaries also differ; the research and development department leads with an average of $96,773, while administrative positions tend to average lower salaries, around $34,906. Understanding these financial details can help applicants gauge their potential earnings and prepare for negotiations effectively.

Highest paying jobs at Federal Reserve Bank of Cleveland

The highest paying jobs at Federal Reserve Bank of Cleveland are economist research assistant, policy advisor, bank examiner, and principal research economist. Economist research assistant jobs at Federal Reserve Bank of Cleveland earn an average yearly salary of $145,457, Federal Reserve Bank of Cleveland policy advisor jobs average $128,716, and Federal Reserve Bank of Cleveland bank examiner jobs average $103,802.

The lowest paying Federal Reserve Bank of Cleveland roles include department lead and security/customer service. Federal Reserve Bank of Cleveland department lead average salary is $31,695 per year. So while the average Federal Reserve Bank of Cleveland salary is $49,559 there is a big variation in pay depending on the role.

Highest paying jobs at Federal Reserve Bank of Cleveland

RankJob titleAverage Federal Reserve Bank of Cleveland salaryHourly rate
1Economist Research Assistant$145,457$69.93
2Policy Advisor$128,716$61.88
3Bank Examiner$103,802$49.90
4Principal Research Economist$96,850$46.56
5Operations Engineer$96,130$46.22
6ETL Developer$89,934$43.24
7Technical Support Manager$87,014$41.83
8Senior Examiner$83,752$40.27
9SQL Server Developer$81,343$39.11
10Information Specialist$68,771$33.06
11Quality Assurance Engineer$65,055$31.28
12Systems Administrator$64,810$31.16
13Resource Manager$60,920$29.29
14Business Analyst$59,390$28.55
15Finance Analyst$54,248$26.08
16Network Technician$54,241$26.08
17Internal Auditor$53,331$25.64
18Police Officer$48,741$23.43
19Operation Supervisor$46,144$22.18
20Banking Supervisor$46,058$22.14

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Federal Reserve Bank of Cleveland salaries by department

Salaries at Federal Reserve Bank of Cleveland vary depending on the department you work in. Federal Reserve Bank of Cleveland salaries in the research & development department are the highest with an average salary of $96,773. Employees in the engineering department at Federal Reserve Bank of Cleveland receive relatively high salaries as well, with an average salary of $78,724 per year. Departments that don't pay as well at Federal Reserve Bank of Cleveland include the retail and the administrative organizational functions, with employees earning average salaries of $33,583 and $34,906, respectively.

Average Federal Reserve Bank of Cleveland salary by department

RankDepartmentAverage Federal Reserve Bank of Cleveland salaryHourly rate
1Research & Development$96,773$46.53
2Engineering$78,724$37.85
3Finance$61,481$29.56
4Human Resources$56,153$27.00
5IT$56,151$27.00
6Marketing$53,896$25.91
7Accounting$44,283$21.29
8Facilities$39,173$18.83
9Non Profit/Government$37,778$18.16
10Plant/Manufacturing$35,496$17.07
11Customer Service$35,348$16.99
12Administrative$34,907$16.78
13Retail$33,584$16.15

How much does Federal Reserve Bank of Cleveland pay by department?

Best paying Federal Reserve Bank of Cleveland finance salaries

RankPositionAverage Federal Reserve Bank of Cleveland salaryHourly rate
1Bank Examiner$103,802$49.90
2Quantitative Analyst$84,463$40.61
3Senior Examiner$83,752$40.27
4Finance Analyst$54,248$26.08
5Banking Supervisor$46,058$22.14
6Consultant$45,029$21.65
7Investment Representative$44,809$21.54
8Senior Loan Processor$40,222$19.34
9Payment Processor$32,882$15.81

Best paying Federal Reserve Bank of Cleveland plant/manufacturing salaries

RankPositionAverage Federal Reserve Bank of Cleveland salaryHourly rate
1Quality Assurance Lead$70,823$34.05
2Quality Assurance Analyst$63,380$30.47
3Lead Operator$35,773$17.20
4Senior Process Operator$35,089$16.87
5Process Checker$34,191$16.44

Best paying Federal Reserve Bank of Cleveland administrative salaries

RankPositionAverage Federal Reserve Bank of Cleveland salaryHourly rate
1Office Lead$66,290$31.87
2Billing Supervisor$48,272$23.21
3Executive Assistant To President$44,744$21.51
4Records Administrator$39,065$18.78
5Mail Processing$34,296$16.49
6Administrative Assistant$33,908$16.30
7Records Specialist$33,386$16.05
8Clerk Checker$32,651$15.70
9Data Entry Clerk$32,254$15.51
10Data Entry Operator$31,997$15.38

Federal Reserve Bank of Cleveland competitors’ average salaries

Average salaries at Federal Reserve Bank of Cleveland competitors, like Blackstone Group, Federal Reserve Bank of New York, and OCC, vary. Blackstone Group employees earn the highest salaries, with an average yearly salary of $96,791. The average salary at Federal Reserve Bank of New York is $92,408 per year, and the average salary at OCC is $91,809 per year.

Highest paying Federal Reserve Bank of Cleveland competitors

Recently added Federal Reserve Bank of Cleveland salaries

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Frequently asked questions about Federal Reserve Bank of Cleveland salaries

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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.