Federal Reserve Bank of Cleveland

www.clevelandfed.org
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Federal Reserve Bank of Cleveland Reviews

3.5
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Federal Reserve Bank of Cleveland President/CEO Loretta J. Mester
Loretta J. Mester
1 Rating
  • Helpful (2)

    Great organization that will continue to get better.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Federal Reserve Bank of Cleveland

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The executive leadership has set a vision that is clear, strategic and forward focused. Great opportunity for staff at all levels to contribute at a high level and evolve in their career. If you work hard, are innovative, and think strategically you will be rewarded for your output.

    Cons

    The parking around the building has become expensive and will only continue to rise as the area continues to develop. Suggest you consider the parking cost in your offer or assess parking alternatives.

    Advice to Management

    Management is open to feedback and takes action based on feedback received, please ensure this continues. Hold all employees accountable to the job that they were hired to to not only the tasks they what they want to do. If they aren't cutting it, respectfully move them out of the organization and bring in someone who can do the job. Challenge your staff to work at the next level, don't reward mediocrity and expect your high performing employees to take on more work.


Federal Reserve Bank of Cleveland Interviews

Interview Experience

Interview Experience

41%
25%
33%

Getting an Interview

Getting an Interview

76%
7%
7%

Interview Difficulty

3.0
Average

Interview Difficulty

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Average

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  1.  

    Financial Analyst II Interview

    Anonymous Interview Candidate
    Accepted Offer

    Interview

    The process was pretty standard when compared to similar roles in other departments… HR screening. Two rounds of panel interviews (a mix of department managers and managers from similar areas in the bank). Writing assessment

    Interview Questions

    • A laundry list of "Tell me about a time when…." questions   Answer Question

    Negotiation

    There is no negotiation. If you negotiate, they will pull the offer.

Federal Reserve Bank of Cleveland Awards & Accolades

Something missing? Add an award
Northeast Ohio's Best Places to Work, North Coast 99, 2008

Additional Info

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Website www.clevelandfed.org
Headquarters Cleveland, OH
Size 1000 to 5000 Employees
Founded 1913
Type Company - Private
Industry Finance
Revenue $100 to $500 million (USD) per year
Competitors Unknown

One of 12 regional banks in the Federal Reserve System, the Federal Reserve Bank of Cleveland oversees more than 200 member banks and thrifts and their holding companies in the Fourth Federal Reserve District (Ohio, western Pennsylvania, eastern Kentucky, and northern West Virginia). It conducts examinations and investigations of member institutions, distributes money, issues savings bonds and Treasury securities, and participates in setting monetary policy. The bank also processes checks and acts as a clearinghouse for payments between banks in its region. Federal Reserve... More

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