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Cleveland Fed at top of stack. (Federal Reserve Bank of Cleveland ranked the most efficient in Federal Reserve System)
Crain's Cleveland Business, July, 1994 by Wolf, Carol
Changes at bank have led to No. 1 national rating for efficiency A quiet revolution has been taking place behind the marble and granite downtown facade of the Federal Reserve Bank of Cleveland. The Cleveland Fed in the last few years has responded to competitive pressures from inside and outside the Federal Reserve System by changing the way it does business.
And so far, the changes seem to have made a difference. According to the Federal Reserve's internal system of measurements, the Cleveland Fed last year ranked No. 1 in efficiency among the 12 Fed banks. That was the first time it achieved such a ranking. The Cleveland Fed represents the fourth district of the reserve system. With offices in Cincinnati, Columbus and Pittsburgh, the Cleveland bank covers Ohio,...
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