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Press Release

Federal Reserve Bank Announces New Community Affairs Staff in Cleveland and Pittsburgh

The Federal Reserve Bank of Cleveland announced the following changes in its Community Affairs Office, effective September 5, 2006:

Lisa Nelson joined the Bank as senior advisor for applied research, Community Affairs. She is responsible for applied research activities on a broad range of community development issues that affect low- and moderate-income communities.

Nelson most recently served as associate director for community information at the Center on Urban Poverty and Social Change at Case Western Reserve University. She has a bachelor's degree in political science from the University of Tennessee and a master's degree in public administration from Cleveland State University.

Joseph Ott joined the Bank as advisor, Community Affairs, Pittsburgh. Working out of the Bank's Pittsburgh office, Ott is responsible for providing information and technical assistance on community development issues to financial institutions, community-based organizations, and government entities.

Ott most recently served as director of research and communications at the Pittsburgh Community Reinvestment Group. He has a bachelor's degree in political science from Duquesne University in Pittsburgh.

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is one of 12 regional Reserve Banks that along with the Board of Governors in Washington DC comprise the Federal Reserve System. Part of the US central bank, the Cleveland Fed participates in the formulation of our nation’s monetary policy, supervises banking organizations, provides payment and other services to financial institutions and to the US Treasury, and performs many activities that support Federal Reserve operations System-wide. In addition, the Bank supports the well-being of communities across the Fourth Federal Reserve District through a wide array of research, outreach, and educational activities.

The Cleveland Fed, with branches in Cincinnati and Pittsburgh, serves an area that comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia.

Media contact

Doug Campbell,, 513.218.1892