Federal Reserve Bank of Cleveland Email Format
BankingOhio, United States1001-5000 Employees
One of twelve Reserve Banks, the Federal Reserve Bank of Cleveland sits within the Federal Reserve System alongside the Board of Governors in Washington, D.C. It carries out central banking functions, including formulating and implementing monetary policy, providing payment services to commercial banks and the U.S. government, and supervising banking institutions. It serves the Fourth Federal Reserve District, which encompasses Ohio, western Pennsylvania, the northern panhandle of West Virginia, and eastern Kentucky. Headquartered in downtown Cleveland with branches in Cincinnati and Pittsburgh, the bank maintains a sizable workforce. Its employees are not government employees; the Federal Reserve operates as an independent entity within the government, not owned by anyone and not a private, profit-making institution. In March 2026, Elizabeth Marengo was appointed chief human resources officer.