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The Office of Diversity & Inclusion

The Federal Reserve Bank of Cleveland continues to make diversity & inclusion strides with the support of the Office of Diversity and Inclusion (ODI). ODI fosters an inclusive environment both inside and outside of the Bank through fulfillment of its OMWI responsibilities, supporting bankwide inclusion, and engaging in data analysis to ensure our understanding of where we are and how that aligns with our strategies. The Bank and ODI are dedicated to sustaining an environment where diversity is valued and differences are viewed as strengths. Our plans and actions are designed to leverage the opportunities that diversity presents. We are working to create a richly collaborative environment that fosters employee engagement and establishes the Bank as a premier organization in our community.

Message from President Loretta J. Mester
Loretta J. Mester, President and Chief Executive Officer

“The Cleveland Fed is pleased that DiversityInc has recognized our efforts to support a diverse workplace for the fourth 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.”

OMWI Responsibilities

The Dodd-Frank Wall Street Reform & Consumer Protection Act was passed in 2010, requiring each of the 12 Federal Reserve Banks to establish an Office of Minority & Women Inclusion (OMWI) under Section 342 . The Cleveland OMWI is housed within ODI and supports matters relating to three areas of focus: workforce diversity, supplier diversity and community outreach. For information on the Bank’s progress in these areas, read the OMWI 2016 annual report to Congress.

Workforce Diversity

We strive to cultivate an engaged, high-performing workforce that reflects the communities the Bank serves and does business with, and is consistent with the applicable job market.

Click here to view our latest EEO Report

To attract the most talented and diverse individuals, the Bank participates in college fairs, posts positions with minority professional organizations, attends networking events, and collaborates with professional organizations. We believe that is necessary to not only value diversity in the workplace, but to also immerse ourselves in the communities and organizations of the individuals that we seek to hire and serve. Our relationship with INROADS and Historically Black Colleges and Universities (HBCUs) has been a conscious effort to maintain a workforce that is reflective of job seekers across our District.

Learn more about our Careers.

Supplier Diversity

The core mission of the Federal Reserve Supplier Diversity Program is providing minority– and women-owned businesses access to opportunities for doing business with the Reserve Banks. The Reserve Banks collectively work together to identify opportunities to further the System’s supplier diversity programs, practices, and actions. Our policy is to purchase goods and services from minority-owned, women-owned, and small businesses whenever possible.

Click here to learn more about our purchasing policy and becoming a supplier for the Cleveland Fed. [ Supplier Registration Form ]

The Federal Reserve System also provides a development program for minority-owned institutions, Partnership for Progress.

Learning Center and Money Museum

Community Outreach

The Federal Reserve Bank of Cleveland supports community involvement by engaging in outreach efforts and actively promoting financial education to underrepresented communities. Each Reserve Bank also partners with the Board of Governors to identify opportunities for the Federal Reserve System to collaborate on financial literacy programming, mentoring opportunities, and other related activities for inner-city high schools, girls’ high schools, and high schools with majority–minority populations across the country.

The Federal Reserve Bank of Cleveland and ODI are committed to serving the communities across our District in Ohio, Western Pennsylvania, Northern Kentucky and the panhandle of West Virginia. We participate in the Fed Scholars Program, a seven-week immersion work program for select local high school students from underrepresented areas in Northeast Ohio. The Learning Center and Money Museum in both Cleveland and Cincinnati provide on-site financial education and mentoring to students in those regions.

Other Federal Reserve Bank Diversity Offices