Best Places to Work
For fourteen years in a row, the Federal Reserve Bank of Cleveland has been named One of Northeast Ohio's Best Places to Work by NorthCoast 99. This prestigious award honors organizations with outstanding employment practices, including compensation, benefits, training, recruitment, retention, community services, and employee communications. The Federal Reserve Bank of Cleveland is proud to be a NorthCoast 99 recipient!
About the Federal Reserve System
Almost everyone has heard of The Fed, but many people don't know exactly what the Federal Reserve System does. It's the central bank of the United States-the banker's bank. The final resting place for all those checks and dollar bills.
The Federal Reserve System is made up of the Board of Governors in Washington, D.C., and 12 Federal Reserve Banks around the country. The Fed has three important functions-guiding monetary policy, supervising banks, and providing payment services to financial institutions and the public-which, together, help to ensure the health of our nation's economy.
About the Federal Reserve Bank of Cleveland
The Federal Reserve Bank of Cleveland serves the Fourth Federal Reserve District, comprising Ohio and parts of Pennsylvania, Kentucky, and West Virginia. Employees work in our downtown Cleveland headquarters as well as branch offices in Cincinnati and Pittsburgh.
At the Federal Reserve Bank of Cleveland, our work is guided by our vision: To create value for our customers, stakeholders, and the Federal Reserve System by becoming recognized leaders in the evolution of central banking, the practice of banking supervision, and the development of retail payments systems. As one of 12 Reserve Banks, we work to guide monetary policy, which includes regulation and supplying money and credit across the United States to maintain stable prices and maximum sustainable growth. We also provide efficient financial services such as check clearing, cash distribution, and electronic payment transfers to banks and other financial institutions.
Innovative Benefits Programs
Our comprehensive benefits package includes generous retirement and medical plans:
Thrift plan (401k)
Vacation and holidays
On-site fitness center
Employee Assistance Program
Dependent care resource and referral service
Equal Opportunity Employer