Cleveland Fed Named a DiversityInc Top 10 Regional Company for Third Consecutive Year

On April 19, DiversityInc announced that the Federal Reserve Bank of Cleveland earned a 7th place ranking on the 2016 DiversityInc Top 10 Regional Companies list. Organizations on this list, all of which have a regional focus in their employee base, score well in the four areas measured: Talent Pipeline, Equitable Talent Development, CEO/Leadership Commitment, and Supplier Diversity. The Cleveland Reserve Bank, headquartered in Cleveland, Ohio, has branch offices in Cincinnati, Ohio, and Pittsburgh, Pennsylvania.

Commenting on the award, Loretta J. Mester, President and CEO of the Cleveland Reserve Bank said, “The Cleveland Fed is pleased that DiversityInc has recognized our efforts to support a diverse workplace for the third year in a row. The successive awards acknowledge the Bank’s ongoing commitment to diversity and inclusion. We will continue to remain focused on broadening the diversity of our workforce, as this will make us a more effective institution.”

To see all of DiversityInc’s 2016 rankings, visit http://www.diversityinc.com/top50.

“We are very encouraged by the commitment and dedication to diversity management shown by these top performing companies,” said Luke Visconti, DiversityInc’s founder and CEO.

About DiversityInc

The mission of DiversityInc is to bring education and clarity to the business benefits of diversity. The DiversityInc Top 50 Companies for Diversity list began in 2001, at the same time many corporations were beginning to understand the business value of diversity-management initiatives. For more information, visit www.diversityinc.com, https://www.facebook.com/DiversityInc, https://twitter.com/DiversityInc or http://www.linkedin.com/company/diversityinc.

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, 513.455.4479