The Federal Reserve Bank of Cleveland is one of 12 Reserve Banks that together with the Board of Governors in Washington DC, comprise the Federal Reserve System. As the US central bank, the Fed formulates and implements monetary policy, provides payment services to commercial banks and the US government, and supervises banking institutions. The Cleveland Fed operates from its headquarters in downtown Cleveland and from two branches in Cincinnati and Pittsburgh. It employs some 950 people and serves the Fourth Federal Reserve District, which comprises Ohio, western Pennsylvania, the northern panhandle of West Virginia, and eastern Kentucky. The Cleveland Fed began operating in 1914 in a temporary location, and opened its current headquarters in 1923. The Federal Reserve Bank of Cleveland’s headquarters is a Cleveland landmark built in imposing Italian Renaissance Revival Style. Its lobby walls are covered with golden marble from Italy, its ceiling, impossibly tall with deeply recessed, hand-painted panels. Each of the lobby’s 12 windows bears the seal of one of the 12 cities in which Federal Reserve Banks operate. The building’s old-world elegance extends 8 floors up, too, to the Cleveland Fed’s executive floor, which is paneled in American black walnut with grandiose pillars and hand-stenciled design on the walls. The seals of each of the states of the Fourth Federal Reserve District (Ohio, Pennsylvania, West Virginia, and Kentucky) are featured prominently on 4 panels in the floor’s Reception Room. The building is also home to one of—if not the—largest vault doors in the world! Amaze your colleagues with all the fascinating things you will see and learn.

1:15 pm (15 minutes for check in and load transportation, 30 minute commute)

2:00 pm – 4:00 pm – Tour of Cleveland Federal Reserve Bank and presentations
Speaker: TBD

4:00 pm – 4:30 pm – Return transportation to hotel

Cost: $50 per person includes round trip transportation, tour, presentations and 2 CPE credit hours.

Note: Visitors will be asked to show a current driver’s license or photo ID card. All personal items will be subject to x-ray screening, and all visitors must pass through a metal detector.

Tour is limited to 25 participants.
Registration for the tour will close March 23rd. Onsite registration will not be available for the tour.
Field of Study: Finance
Credit Hours: 2.0 CH
Program Level: Basic
Method of Delivery: Group-Live
Intended Audience: Conference Participants (academic and practitioner)
Learning Objectives: The Cleveland Fed is one of 12 Reserve Banks, which, along with the Board of Governors, make up the Federal Reserve System – our nation’s central bank. Discover what gives money value as you get an up-close look at the Cleveland Fed’s stunning architecture and an insider’s view of the role of the Bank. 

Prerequisites: None
Advanced Preparation Required: None