Office of Minority and Women Inclusion (OMWI)
The Federal Reserve Bank of Cleveland was on its diversity and inclusion journey for several years before the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 was finalized. The Office of Minority and Women Inclusion (OMWI) was established as one of the provisions of the Act and is responsible for all matters relating to diversity in management, employment and business activities. Some of the mandatory OMWI activities specified in the legislation were already a part of our diversity-related efforts; others represent either an expansion of or, in some cases, new activities.
As part of our earlier diversity and inclusion initiative, our board of directors adopted a policy statement to demonstrate commitment and support to diversity and inclusion. The statement reads as follows:
- At the Federal Reserve Bank of Cleveland, we embrace the power of diversity and inclusion. We believe that a diverse, inclusive work environment drives innovative thinking, enhances our service to the public, helps us achieve exceptional performance outcomes, and fosters a workplace where all employees are respected and valued. We are committed to pursuing the goal of a workforce and business practices that are reflective of the communities we serve.
Our Diversity Vision Statement
To create a richly diverse, inclusive and collaborative environment that strengthens the achievement of our strategic objectives and establishes the Bank as the premier employer of choice in our community.
This website provides information on three areas of focus for our diversity and inclusion efforts-workforce diversity, supplier diversity, and financial education outreach.
The Federal Reserve Bank of Cleveland prepares and submits an Annual Report to Congress on its successes, challenges and next steps. The report is linked below.
Each September, the Bank files an Employer Information Report with the Equal Employment Opportunity Commission (EEOC) on our workforce. The EEO-1 Report contains employment data for the job categories listed. While a required report, the Bank uses the information as an additional management tool for its talent acquisition and diversity and inclusion strategies.
The Federal Reserve Bank of Cleveland is committed to providing equal access to potential business opportunities for qualified minority-owned, women-owned, and small businesses. For the third consecutive year, the Federal Reserve Bank of Cleveland was recognized by the Commission on Economic Inclusion for the non-profit Best-in-Class for supplier diversity and received the Commission's Hall of Fame award. The Bank is also in the Commission 50 which recognizes members’ progress in building and sustaining their diversity and inclusion strategies.
The Federal Reserve Bank of Cleveland has a policy of purchasing goods and services from minority-owned, women-owned, and small businesses whenever possible, so they can become more successful members of their communities and compete more effectively with established firms.
Under the Bank's policy, a "small business" is one that qualifies under Section 3 of the Small Business Act (15 U.S.C., Section 632) and the pursuant rules and regulations. If you have any questions about qualifying, your local Small Business Administration office can help determine your status.
Each supplier to the Bank must self-certify its status as a minority-owned, women-owned or small business. To receive a contractor qualification form, please contact the Contracts and Purchasing Department at the Cleveland Office location.
How to Apply
Complete the online Supplier Registration form.
Financial Education Outreach
The Bank's Learning Center and Money Museum is a cornerstone of our educational outreach efforts which include: on-line learning activities, on-line and print resources, on-site or video conference presentations, Bank and museum tours, and an annual writing competition. One of the Bank's most popular resources for financial education is Great Minds Think: A Kid's Guide to Money - a fun, award-winning activity book that encourages children to use their own great minds to think about money. All programs and resources are free. For more information on financial education outreach, visit the Learning Center web pages Learning Center and Money Museum, contact us at email@example.com or follow us on Twitter.