Cleveland Fed announces appointment to Cincinnati Branch board
The Federal Reserve Bank of Cleveland announced the following addition to its Cincinnati Branch board of directors, effective June 27, 2023.
Melvin J. Gravely II, chair and CEO of TriVersity Construction Company, a Cincinnati-based commercial contractor, was appointed by the Board of Governors of the Federal Reserve System to fill an unexpired term that ends on Dec. 31, 2023.
Gravely formerly served as chair of the Cincinnati USA Regional Chamber and cochair of the Cincinnati Regional Business Committee and has sat on several other community and corporate boards, including the Federal Reserve Bank of Cleveland’s Cincinnati Business Advisory Council. He is currently a board member of the Cincinnati Center City Development Corporation (3CDC) and New Riff Distilling.
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.
Chuck Soder, email@example.com, 216-672-2798