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Why Work Here

The Federal Reserve Bank of Cleveland, part of the nation’s central bank, has supported many opportunities for professional growth during our 100 year history. 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.

The Cleveland Fed is recognized as a great place to work by our employees and an employer of choice by organizations like NorthCoast 99, DiversityInc, and the Human Rights Campaign Foundation. We invite you to read our employee value proposition and what employees and other are saying about the Cleveland Fed.


What others are saying

NorthCoast 99

The Federal Reserve Bank of Cleveland has been on NorthCoast 99’s list of best places to work for the past 16 years. This award recognizes organizations for their demonstrated ability to attract, retain, and motivate employees.

DiversityInc

The Cleveland Fed also appears on DiversityInc’s list of Top Regional Companies based on an assessment of more than 380 factors in four areas: talent pipeline, equitable talent development, leadership commitment, and supplier diversity.

Greater Cleveland Partnership

A member of the Greater Cleveland Partnership’s Commission 50, the Cleveland Fed is recognized for progress in creating, enhancing, and sustaining diversity and inclusion strategies based on responses to the Commission on Economic Inclusion’s annual Employers Survey on Diversity.

The Cleveland Fed received a perfect score on the 2016 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices related to LGBT workplace equality, administered by the Human Rights Campaign Foundation.

Most recently, the Ohio Department of Health and the Healthy Ohio Business Council recognized the Federal Reserve Bank of Cleveland for healthy worksite practices during the 12th annual Healthy Ohio Healthy Worksite Awards ceremony. The Cleveland Fed received a Silver Award in the medium-sized business category.

What our people are saying

External accolades let us know we are doing the right things right from an organizational perspective. What our people say about the Cleveland Fed tells us we’re doing the right things right from an employee perspective, too.

My Career at the Federal Reserve Bank of Cleveland: Doug Banks video

My Career at the Federal Reserve Bank of Cleveland: Katie Murphy video

My Career at the Federal Reserve Bank of Cleveland: Jessica Ice video


It’s very fulfilling to use my strategic and creative skills coupled with my experience to make a difference and support the financial stability and economic well-being of our country. I work with colleagues who share my passion for the Fed’s mission and truly care about being part of this team.
- Karen Malec, Supervision & Regulation


The Federal Reserve plays a critical role in the stability of our nation’s financial system. I appreciate the opportunity to contribute to work that directly impacts the everyday lives of Americans across the country.
- Andrew Tornow, Credit Risk Management


The Bank offers a supportive work environment where I am encouraged to develop my skills, from taking courses to attending workshops, so I may grow in my position and my role at the Bank.
- Anne Chen, Research


The Federal Reserve places a lot of emphasis on developing its employees. Throughout the years, I’ve attended classes, participated in webinars, and have been granted stretch opportunities so that I can grow in my career. I’m so grateful that the Federal Reserve System not only highlights the importance of development, but also facilitates it through various methods of learning.
- Natalie Oliver, Supervision and Regulation


The competitive pay and benefits make the Bank a great place to work, but it is also the opportunity to develop new skills that keeps me motivated and engaged. With the support of my management team, I have been able to apply what I have learned to my work, establishing me as an unofficial leader among my peers and positioning me for promotion opportunities. It is for these reasons that I am motivated to stay at the Bank.
- Carlton Drummer, Cash


The Bank offers great health and wellness benefits, including an onsite fitness center, and a friendly work environment. There is also a great community volunteer program that allows me to give back to the community as an employee of the Cleveland Fed.
- April Carodine, Law Enforcement Unit, Cincinnati


I come to work every day feeling valued and encouraged to bring new ideas to the table. I appreciate that my management team has created a culture that allows even the newest employees to make a difference.
- Katey Vanderwyst, Financial Support Services