Cleveland Fed wins NorthCoast 99 award for diversity, equity and inclusion efforts

For the 24th year in a row, the Federal Reserve Bank of Cleveland has been named one of Northeast Ohio’s top workplaces by the NorthCoast 99 program. This year, the Cleveland Fed also took home the Special Category Award for Diversity, Equity & Inclusion.

NorthCoast 99 award winners participated in a rigorous application process that evaluated how they attract, develop, and retain top talent. The Cleveland Fed was recognized for its portfolio of DEI policies and practices, highlighted by its new Allyship Program. The program started as a series of group discussions focused on how Bank employees can work together to support underrepresented employees and create a fully inclusive environment for all. The inaugural Allyship Program—now in its second year—generated five workstreams to ensure the effort led to meaningful action. Participants also made recommendations that were incorporated into the Bank’s 2023 strategic plans.

“The Cleveland Fed seeks an environment where all employees are supported in their career goals, feel confident that their voices are heard, and can maximize their engagement and contributions at work,” said Diana Starks, senior vice president and senior diversity advisor at the Cleveland Fed. “Having an inclusive workforce makes us a more effective organization to deliver on our public-service mission.”

The NorthCoast 99 program was founded by ERC, the Employers Resource Council, in 1999. The Cleveland Fed won its first NorthCoast 99 award the following year.