Federal Reserve Bank of Cleveland Earns Top Marks in 2016 Corporate Equality Index

The Federal Reserve Bank of Cleveland, with branches in Cincinnati and Pittsburgh, received a perfect score of 100 percent 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.  The Cleveland Reserve Bank joins the ranks of 407 major U.S. businesses that also earned top marks this year.

“The Cleveland Fed’s ongoing commitment to a diverse and inclusive workplace is critical to our performance,” said Bank President and CEO Loretta J. Mester. “I am proud that our Reserve Bank has been recognized for the value we place on fostering an environment where all employees can contribute to our organization and achieve personal success.”

The 2016 CEI rated 1,027 businesses in the report, which evaluates LGBT-related policies and practices including non-discrimination workplace protections, domestic partner benefits, transgender-inclusive health care benefits, competency programs, and public engagement with the LGBT community. The Cleveland Reserve Bank’s efforts in satisfying all of the CEI’s criteria results in a 100 percent ranking and the designation as a Best Place to Work for LGBT Equality.

“In this 2016 Corporate Equality Index, hundreds of major businesses responded to our new standards for workplace equality with exceptional leadership. The Federal Reserve Bank of Cleveland not only meets these standards, it goes above and beyond the call of duty, making commitment to equality a fundamental aspect of its corporate values,” said Deena Fidas, workplace equality program director at the HRC Foundation.

For more information on the 2016 Corporate Equality Index, or to download a free copy of the report, visit www.hrc.org/cei.

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The Human Rights Campaign is America’s largest civil rights organization working to achieve lesbian, gay, bisexual and transgender equality. By inspiring and engaging all Americans, HRC strives to end discrimination against LGBT citizens and realize a nation that achieves fundamental fairness and equality for all.

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, doug.campbell@clev.frb.org, 513.218.1892