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Corporate Governance and Transparency
The Federal Reserve Bank of Cleveland’s sound corporate governance framework, policies, and practices are essential to maintaining the trust and respect of our stakeholders.
Code of Conduct
The Federal Reserve Bank of Cleveland expects its employees to perform their duties with honesty, integrity, and impartiality and without improper preferential treatment of any person.
Federal Reserve Bank of Cleveland Code of Conduct
Ethics
Presidents and first vice presidents of Federal Reserve Banks are to adhere to the rules of ethical conduct for senior officials.
Ethics- Guide to Conduct for Senior Officials
Transparency
In order to promote transparency, the Federal Reserve Bank of Cleveland makes available financial disclosure forms and related documents filed by its president with the Bank’s ethics officer. The President’s Financial Disclosure is made available to the public annually. In order to promote transparency, the Federal Reserve Bank of Cleveland makes available the financial disclosure forms and related documents filed by its president with the Bank’s ethics officer. To obtain the most recent financial disclosure forms for Federal Reserve Bank of Cleveland President Loretta J. Mester, please contact Doug Campbell.
The duties and responsibilities of the directors are set forth in the Federal Reserve Act, Federal Reserve Bank of Cleveland bylaws, Board of Governors’ policies, and charters for the directors’ committees.
Bylaws
The bylaws guide the board of directors in their work to oversee the Bank’s organization, operations, and activities.
Federal Reserve Bank of Cleveland Bylaws
Policies
Directors follow a strict code of conduct, as set by the Board of Governors. The full guide to conduct, as well as additional policies to which directors must adhere, can be found on the Board of Governor’s website.
Board of Governors’ Director Policies
Board of Directors Committee Charters
Main office directors serve on various committees. The Cleveland board of directors has three standing committees: