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The Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland

Financial Services Companies

Description

The Federal Reserve Bank of Cleveland, a central bank, specializes in payments systems, banking supervision, and economic issues. It acts as an active intermediary in clearing and settling interbank payments; models complex economic systems, analyzes data, and evaluates economic information to support the Federal Reserve Bank of Clevelands monetary policy, supervisory, and payments system responsibilities; produces economic research and monitors regional and national economic trends; and develops and implements electronic payment solutions for the federal government. The companys education and public programs include tours for high school, college, and community groups; conferences and workshops for teachers; competitions for high school students; print and electronic resources that explain economic principles and the Federal Reserves role in the U.S. economy; and special exhibits on money and its functions in history. Its services also include financial institution reporting; relationship management with financial institutions; supervision and regulation of financial institutions; and supporting treasury retail securities by issuing, redeeming, and servicing savings bonds and marketable securities. In addition, the companys activities include protecting depositors funds, maintaining a stable monetary system, promoting an efficient and competitive banking system, and protecting consumer rights related to banking relationships and transactions. It serves the Fourth Federal Reserve District, which comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. The company was founded in 1914 and is headquartered in Cleveland, Ohio with branch offices in Cincinnati, Ohio; and Pittsburgh, Pennsylvania.

Corporate Address

1455 East Sixth Street Cleveland, OH44114 United States of America

United States of America

216-579-2000

Tags:

Bank Securities, Banking Markets, Personal Loans

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