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Press Release

Call for applications: Cleveland Fed launches new Community Advisory Council

The Federal Reserve Bank of Cleveland announces the creation of its new Community Advisory Council (CAC) and is initiating its search for the inaugural membership of diverse, experienced community development thought leaders. Interested parties can learn more about the application process and unique opportunity presented on our website.

The goal of the newly formed CAC will be to inform the Cleveland Fed’s Community Development staff, senior leadership, and president about current and emerging economic and social issues and trends impacting underserved and lower-income individuals and communities in the Fourth District, the region we serve, encompassing Ohio, eastern Kentucky, western Pennsylvania, and the northern panhandle of West Virginia.

The Cleveland Fed’s Community Development Department is responsible for research, analysis, and engagement on economic issues affecting lower income communities. The group works to foster a better understanding of these challenges, promotes cooperation with a variety of stakeholders, and engages depository institutions in the goal of providing credit and banking services to their communities.

The Bank is seeking experienced leaders from a variety of backgrounds for the council including economic and community development practitioners, foundations, state and local government offices, labor representatives, academic institutions, and other organizations focused on the unique needs of underserved communities. Members will serve two year terms and will be selected by the Cleveland Fed’s senior leadership and Community Development staff. The Bank will publically announce appointments to the council and meeting minutes will be made available online.

Interested parties can download the council’s charter here or click here to apply. Applications will be accepted until May 15, 2018.

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