The Bank’s education and outreach efforts support economic self-empowerment and a better understanding of the Federal Reserve through targeted outreach and programming that emphasizes college and career readiness, personal finance, STEM (science, technology, engineering, and math), financial literacy, and economics. The Money Museum in Cleveland and Learning Center in Cincinnati provide onsite personal finance, college and career readiness, and economic education to students throughout Ohio. Across the Federal Reserve System, all of our publications, interactive resources, lesson plans and multimedia content are available at no charge through a centralized repository, FederalReserveEducation.org. The Bank also offers a variety of resources for students of all ages in both English and Spanish. Learn how to access these resources.
Through collaborations with community, nonprofit, civic, education, and business organizations, the Bank has created a strong network of partners that have enabled the expansion of regional engagement. The Bank offers a variety of educational student programs available at no cost across our region, with a particular focus on reaching those students from majority-minority and all-girls schools and those in low- to moderate-income, underserved, and urban and rural communities. Find more information about our student programming.
The Dodd–Frank Wall Street Reform and Consumer Protection Act
The Dodd–Frank Act, passed in 2010, requires under Section 342 each of the 12 Federal Reserve Banks to establish an Office of Minority and Women Inclusion (OMWI). The Cleveland OMWI is housed within the Office of Diversity, Equity, Inclusion, and Opportunity and supports matters relating to three areas of focus: workforce diversity, supplier diversity, and financial literacy. For information on the Bank’s progress in these areas, read the OMWI 2021 Annual Report to Congress.
Cleveland Fed Equity and Inclusion Advisory Council
The Bank’s Equity and Inclusion Advisory Council members bring a wealth of experience, expertise, and perspective as recognized diversity and inclusion leaders to our organization’s commitment to support racial equity and economic inclusion. Learn more about current members.
The council partners with Bank leadership and provides guidance and expertise regarding actions, initiatives, and strategies the Bank can pursue to improve diversity, equity, inclusion, and opportunity for Bank employees current and future. Council members also work with Bank leadership on initiatives aimed at supporting the racial equity and economic information framework as it connects with the communities the Bank serves.
The council’s contributions to the Cleveland Fed, which is part of the US central bank, benefit both Bank employees and the communities the Bank serves in Ohio, Pennsylvania, West Virginia, and Kentucky.