The Federal Reserve Bank of Atlanta is part of the central bank of the United States. The Federal Reserve System—the Fed, as it is often called—consists of 12 Reserve Banks located around the country and the Board of Governors in Washington, D.C.
The Atlanta Fed territory covers the Sixth Federal Reserve District, which includes Alabama, Florida, Georgia, and portions of Louisiana, Mississippi, and Tennessee.
The Atlanta Fed and the other Reserve Banks play an important part in all five of the Fed's functions, which are to:
The Federal Reserve Bank of Atlanta embraces diversity and inclusion as essential to who we are. We rely on the unique individual talents, expertise, and valued perspectives of our employees as well as those of external stakeholders to carry out our mission as part of the nation's central bank.
Established by the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, the Atlanta Fed’s Office of Minority and Women Inclusion (OMWI) is responsible for all matters relating to diversity in management, employment, and business activities at the Atlanta Fed. OMWI builds on our long-standing efforts to create an inclusive workplace, attract and retain a diverse staff, and foster supplier diversity.
OMWI's annual congressional reports detail the Bank's diversity and financial literacy work of the previous year.
Our commitment to equal opportunity employment
It is the policy of the Federal Reserve Bank of Atlanta to seek and employ qualified personnel and to provide those employed both equal treatment and equal opportunity for advancement. Accordingly, the Bank’s terms and conditions of employment including employment decisions (for example, recruiting, hiring, promotion, compensation, evaluation, training, transfer, disciplinary action, and termination) will be made without regard to:
The Atlanta Fed makes reasonable accommodations for qualified persons with known disabilities unless doing so would result in an undue hardship. In addition, Bank-sponsored activities are available to all employees without unlawful discrimination.
As a member of the Atlanta Fed team:
Beyond benefits offered to all Federal Reserve employees, as part of the Atlanta Fed team, you are entitled to local benefits that are competitive with those of top employers. These include additional medical and dental plans, education assistance, wellness programs, and our subsidized onsite cafeteria.
In addition to benefits offered to all employees of the Federal Reserve System, Atlanta Fed employees have benefits specific to our District. These include:
Atlanta Fed staff can participate in one of four medical plans and one of three dental plans. Eligibility begins the first day of employment. All medical plan premium deductions are on a pretax basis. Bank staff can contribute to a flexible spending account and use pretax dollars to pay for expenses like child care, medical/dental deductibles and copayments, and eligible health, dental, and vision expenses not otherwise covered under health or dental benefits plans.
Employees receive 10 paid holidays each year. They are:
Paid time off (PTO)
The program covers compensated time off that is in addition to time afforded for bereavement, military duty, jury duty, holidays, and extended absences due to illness. Employees earn two days per month up to a maximum of 21 days their first year of service. PTO must be earned before it is taken.
Free parking is available in the Bank garage for employees on a seniority basis. Evening and weekend parking is available to all employees on a first-come, first-served basis.
The Bank’s limited parking is part of a larger commitment to sustainability and an effort to encourage employees to consider using transit options for their commutes. During construction of the building, the Bank worked with MARTA to create an entrance to the Midtown station on the Bank’s side of 10th Street.
For those employees using mass transportation to commute to work, the Bank offers a subsidy program that pays 100 percent of an employee's mass transit cost up to the IRS’s allowable maximum of $120.
The Bank offers paid time off (160 hours) for a new parent, regardless of gender, to bond with a newborn or newly adopted child. This policy applies to benefit-eligible parents, spouses, and domestic partners employed by the Bank. Each employee is eligible for this benefit once in a 12-month period from the date of birth or adoption.
New parents are eligible for parental leave whether or not they are eligible for leave under the Family and Medical Leave Act.
The Bank's Adoption Assistance Plan reimburses employees up to a maximum of $5,000 for certain expenses incurred in conjunction with the adoption of a child. All regular full-time employees who have completed one year of service are eligible for this benefit.
Domestic partner coverage
Qualified domestic partners are covered under medical, dental, and vision insurance; personal accident and group life insurance; and family, medical, and bereavement leave. To qualify for this benefit, employees must complete a declaration of domestic partnership.
The Bank provides reimbursement to employees for approved educational expenses. The benefit pays for individual classes, certificate programs, and undergraduate or graduate degree programs when a C or higher grade is earned. Classes must be held at accredited institutions during nonworking hours.
Wellness programs/fitness center
Wellness programs are available onsite on at the Bank. The Atlanta office has a well-appointed gym that offers fitness classes.
The Bank subsidizes a significant portion of cafeteria operating costs. Food options are available at what is generally a lower cost compared with options outside of the Bank.
Employee Assistance Program (EAP)
EAP is administered by a party not affiliated with the Atlanta Fed and is available to all employees and their household members. Any use of the service is strictly confidential and is prepaid by the Bank. Support is provided for, as examples, challenges with domestic, emotional, or financial hardship or issues with chemical dependency.
The Federal Reserve Bank of Atlanta is committed to going green. Our FedGreen program aims to reach sustainability goals using three key metrics: energy reduction, water reduction, and recycling/waste diversion rate. Since 2009, the Atlanta Fed has recycled or diverted 75.7 percent of all waste in its District, cut back 34 percent on energy consumption, and 31 percent on water consumption.
One responsibility of the Federal Reserve System is removing unfit cash from circulation and shredding it. Eighty percent of our shredded cash diverts from the landfill for alternative purposes such as composting and burning for fuel.
Being green isn’t new to the Atlanta Fed. The Bank supported sustainability in the Midtown area even before occupying the building at 10th and Peachtree. The Bank’s parking garage has limited parking spaces. During construction of the building, the Bank worked with MARTA to create an entrance to the Midtown station on the Bank’s side of 10th Street. The Bank strives to be a good neighbor and encourage its employees to use transit options.
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