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Federal Reserve Bank of Richmond overview

Industry
Banking
Revenue
Headquarters
Employees
2,500
Founded in
Website
Organization type
Private
Social media
As the nation's central bank, the Federal Reserve sets monetary policy, supervises and regulates member financial institutions and provides an array of financial services.
The staff at Federal Reserve Bank of Richmond come from unusually diverse demographic backgrounds. The company is 48.5% female and 41.1% ethnic minorities. Federal Reserve Bank of Richmond employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 62.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Federal Reserve Bank of Richmond seem to be happy. The company has great employee retention with staff members usually staying for 7.0 years.The average employee at Federal Reserve Bank of Richmond makes $57,591 per year. Pay at Federal Reserve Bank of Richmond is significantly lower than some of its highest paying competitors, like Moody's, Fannie Mae, and CIBC World Markets, which pay $109,712, $109,130, and $106,863, respectively.
A large finance company with 2,500 employees and an annual revenue of $213.7M, Federal Reserve Bank of Richmond is headquartered in Richmond, VA.

Federal Reserve Bank of Richmond's mission statement

We strengthen the economy and our communities by fostering the stability, integrity and efficiency of our nation's monetary, financial and payments systems.

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4.0/5

Federal Reserve Bank of Richmond employee reviews

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Federal Reserve Bank of Richmond employee reviews

Federal Reserve Bank of Richmond employee reviews
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Based on 1 ratings

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4.0
A zippia user wrote a review on May 2022
Pros of working at Federal Reserve Bank of Richmond

benefits, people, the work, my home town

Federal Reserve Bank of Richmond benefits

retirement, relationship building is easy

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The team at Federal Reserve Bank of Richmond

  • The founders of Federal Reserve Bank of Richmond is Mark Mullinix.
  • The key people at Federal Reserve Bank of Richmond are Thomas I. Barkin and Mark Mullinix.
Key people
Thomas I. Barkin
Mark Mullinix

Federal Reserve Bank of Richmond rankings

Federal Reserve Bank of Richmond is ranked #53 on the Best companies to work for in Virginia 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 Richmond salaries

Average Federal Reserve Bank of Richmond salary
$57,591
yearly
$27.69 hourly
Updated March 14, 2024

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Federal Reserve Bank of Richmond diversity

9.7
Diversity score
We calculated Federal Reserve Bank of Richmond’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Federal Reserve Bank of Richmond’s workforce.
Federal Reserve Bank of Richmond diversity summary. Zippia estimates Federal Reserve Bank of Richmond's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Federal Reserve Bank of Richmond's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Federal Reserve Bank of Richmond's workforce.
  • Federal Reserve Bank of Richmond has 2,500 employees.
  • 48% of Federal Reserve Bank of Richmond employees are women, while 52% are men.
  • The most common ethnicity at Federal Reserve Bank of Richmond is White (59%).
  • 17% of Federal Reserve Bank of Richmond employees are Black or African American.
  • 10% of Federal Reserve Bank of Richmond employees are Asian.
  • The average employee at Federal Reserve Bank of Richmond makes $57,591 per year.
  • Federal Reserve Bank of Richmond employees are most likely to be members of the democratic party.
  • Employees at Federal Reserve Bank of Richmond stay with the company for 7.0 years on average.

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Federal Reserve Bank of Richmond financial performance

9.2
Performance score

Highest paying Federal Reserve Bank of Richmond competitors

Compare Federal Reserve Bank of Richmond salaries to competitors, including Moody's, Fannie Mae, and CIBC World Markets. Employees at Moody's earn the highest average yearly salary of $109,712. The salaries at Fannie Mae average $109,130 per year, and the salaries at CIBC World Markets come in at $106,863 per year.
RankCompanyAverage salaryJobs
1$109,7120
2$109,1300
3$106,8630
4$100,2170
5$92,4080
6$91,8090
7$91,0070
8$81,0380
9$80,1940
10$78,1300

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Federal Reserve Bank of Richmond FAQs

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Zippia gives an in-depth look into the details of Federal Reserve Bank of Richmond, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Federal Reserve Bank of Richmond. The employee data is based on information from people who have self-reported their past or current employments at Federal Reserve Bank of Richmond. 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 Richmond. The data presented on this page does not represent the view of Federal Reserve Bank of Richmond and its employees or that of Zippia.

Federal Reserve Bank of Richmond may also be known as or be related to Federal Reserve Bank Of Richmond and Federal Reserve Bank of Richmond.