Federal Reserve Bank of Cleveland Announces New Officer at Pittsburgh Branch

Jill Krauza has been named an assistant vice president of the Federal Reserve Bank of Cleveland, effective January 1, 2006.  She will manage the Bank's Treasury Retail Securities operation in Pittsburgh, Pennsylvania.

In 2003, the Reserve Bank office in Pittsburgh was chosen by the U.S. Treasury as one of only two Federal Reserve sites nationwide (the other being Minneapolis) that issue, service, and redeem U.S. Savings Bonds and Treasury securities.

Krauza joined the Bank's Pittsburgh office in 1987, and held management positions in the Savings Bond and Cash Departments, prior to being named manager of the Human Resources Department in 1998.

Krauza holds a bachelor's degree in business from Saint Mary's College in Notre Dame, Indiana, and a master's degree in business operations from the University of Pittsburgh. She also earned a Senior Professional in Human Resources (SPHR) certification from the Human Resources Certification Institute in Alexandria, Virginia.

The Federal Reserve Bank of Cleveland is one of twelve regional Reserve Banks that, along with the Board of Governors in Washington, D.C., comprise the Federal Reserve System.  As the nation's central bank, the Federal Reserve System formulates U.S. monetary policy, supervises certain banks and all bank holding companies, and provides payment services to financial institutions and to the U.S. government.

The Federal Reserve Bank of Cleveland, including its branch offices in Cincinnati and Pittsburgh, serves the Fourth Federal Reserve District, which includes Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia.