Office of Minority and Women Inclusion (OMWI)
The Federal Reserve Bank of Cleveland was on its diversity and inclusion journey for several years before the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 was finalized. The Office of Minority and Women Inclusion (OMWI) was established as one of the provisions of the Act and is responsible for all matters relating to diversity in management, employment and business activities. Some of the mandatory OMWI activities specified in the legislation were already a part of our diversity-related efforts; others represent either an expansion of or, in some cases, new activities.
This website provides information on three areas of focus for our diversity efforts - supplier diversity, workforce diversity, and financial education outreach.
The Federal Reserve Bank of Cleveland prepares and submits an Annual Report to Congress on its successes, challenges and next steps. The report is linked below.
Our Diversity Vision Statement
To create a richly diverse, inclusive and collaborative environment that strengthens the achievement of our strategic objectives and establishes the Bank as the premier employer of choice in our community.
Supplier Diversity
The Federal Reserve Bank of Cleveland is committed to providing equal access to potential business opportunities for qualified minority-owned, women-owned, and small businesses. Recently the Federal Reserve Bank of Cleveland was recognized by the Commission on Economic Inclusion for the non-profit Best-in-Class for supplier diversity. Additionally, we are listed in the Commission 50, an inaugural recognition of Commission members’ progress in building and sustaining their diversity and inclusion strategies.
Purchasing Policy
The Federal Reserve Bank of Cleveland has a policy of purchasing goods and services from minority-owned, women-owned, and small businesses whenever possible, so they can become more successful members of their communities and compete more effectively with established firms.
Under the Bank's policy, a "small business" is one that qualifies under Section 3 of the Small Business Act (15 U.S.C., Section 632) and the pursuant rules and regulations. If you have any questions about qualifying, your local Small Business Administration office can help determine your status.
Each supplier to the Bank must self-certify its status as a minority-owned, women-owned or small business. To receive a contractor qualification form, please contact the Contracts and Purchasing Department at the Cleveland Office location.
How to Apply
Complete the online Supplier Registration form.
Workforce Diversity
Each September, the Bank files an Employer Information Report with the Equal Employment Opportunity Commission (EEOC) on our workforce. The EEO-1 Report contains employment data for the job categories listed. While a required report, the Bank uses the information as an additional management tool for its talent acquistion and diversity and inclusion strategies.
Financial Education Outreach
The Bank's Learning Center and Money Museum is a cornerstone of our educational outreach efforts which include: on-line learning activities, on-line and print resources, on-site or video conference presentations, Bank and museum tours, and an annual writing competition. One of the Bank's most popular resources for financial education is Great Minds Think: A Kid's Guide to Money - a fun, award-winning activity book that encourages children to use their own great minds to think about money. All programs and resources are free. For more information on financial education outreach, visit the Learning Center web pages Learning Center and Money Museum, contact us at learningcenter@clev.frb.org or follow us on Twitter.