Federal Reserve Bank of Cleveland: Difference between revisions
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The building's entrances feature allegorical sculptures by [[Henry Hering]] representing ''Security'' and ''Integrity'' flanking the East Sixth Street entrance, while his ''Energy'' watches the Superior Avenue entry. |
The building's entrances feature allegorical sculptures by [[Henry Hering]] representing ''Security'' and ''Integrity'' flanking the East Sixth Street entrance, while his ''Energy'' watches the Superior Avenue entry. |
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Its original {{convert|100|ST|t}} [[bank vault]] door is the largest in the world. The hinge has an overall height of {{convert|19|ft|m}} and weighs over {{convert|47|ST|t}} fully assembled. The door casting itself was {{convert|20|ST|t}}.{{ |
Its original {{convert|100|ST|t}} [[bank vault]] door is the largest in the world. The hinge has an overall height of {{convert|19|ft|m}} and weighs over {{convert|47|ST|t}} fully assembled. The door casting itself was {{convert|20|ST|t}}.{{Citation needed|reason=Can't find a source for this last number|date=December 2009}} It incorporates the largest hinge ever built. The vault's use was discontinued in 1997, though it is preserved intact for posterity.<ref>{{cite web|url=http://www.clevelandfed.org/For_the_Public/Tours/About_the_Cleveland_Fed/Photo_Tour/photo_tour_thirteen.cfm|title=Federal Reserve Bank of Cleveland historical photo tour|publisher=Federal Reserve Bank of Cleveland|accessdate=11 December 2009}}</ref> |
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[[Image:Cleveland FRB Vault Door.jpg|thumb|right|250px|The door sealing the original primary vault inside the Bank's basement.]] |
[[Image:Cleveland FRB Vault Door.jpg|thumb|right|250px|The door sealing the original primary vault inside the Bank's basement.]] |
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===Class B=== |
===Class B=== |
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[[Category:Federal Reserve Banks|Cleveland]] |
[[Category:Federal Reserve Banks|Cleveland]] |
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[[Category:National Register of Historic Places in Ohio]] |
[[Category:National Register of Historic Places in Ohio]] |
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{{US-bank-stub}} |
Revision as of 01:04, 16 December 2009
The Federal Reserve Bank of Cleveland is the Cleveland-based headquarters of the U.S. Federal Reserve System's Fourth District. The district is composed of Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. It has branch offices in Cincinnati and Pittsburgh. The check processing center in Columbus, Ohio was closed in 2005. The chief executive officer and president is Sandra Pianalto.[1]
The bank building, located at Superior Avenue and East 6th Street in downtown Cleveland was designed by the Cleveland firm of Walker and Weeks and completed in 1923. Its exterior architecture emulates an Italian Renaissance palazzo, is clad in pink Sienna marble. An extension to the building designed by HOK was completed in 1998, providing new facilities for check processing and cash handling. The building is listed on the National Register of Historic Places.
The building's entrances feature allegorical sculptures by Henry Hering representing Security and Integrity flanking the East Sixth Street entrance, while his Energy watches the Superior Avenue entry.
Its original 100 short tons (91 t) bank vault door is the largest in the world. The hinge has an overall height of 19 feet (5.8 m) and weighs over 47 short tons (43 t) fully assembled. The door casting itself was 20 short tons (18 t).[citation needed] It incorporates the largest hinge ever built. The vault's use was discontinued in 1997, though it is preserved intact for posterity.[2]
Learning Center and Money Museum
In January 2006, the bank opened the Learning Center and Money Museum, replacing the public teller windows vacated after September 11, 2001. Over 25 hands-on exhibits focus on the history of money, its effects on societies and cultures, and its central role in peoples' lives. The museum is open from Monday through Thursday, except for bank holidays, and admission is free.
Cleveland Board of Directors
The following people are on the board of directors as of 2009:[3]
Class A
Name | Title | Term Expires |
---|---|---|
C. Daniel DeLawder | Chairman and Chief Executive Officer
Park National Bank Newark, Ohio |
2009 |
James E. Rohr | Chairman and Chief Executive Officer
The PNC Financial Services Group, Inc. Pittsburgh, Pennsylvania |
2010 |
Charlotte W. Martin | President and Chief Executive Officer
Great Lakes Bankers Bank Gahanna, Ohio |
2011 |
Class B
Name | Title | Term Expires |
---|---|---|
V. Ann Hailey | Chief Financial Officer
Gilt Groupe New York, New York |
2009 |
Les C. Vinney | Immediate Past President and Chief Executive Officer
STERIS Corporation Mentor, Ohio |
2010 |
Tilmon F. Brown | President and Chief Executive Officer
New Horizons Baking Company Norwalk, Ohio |
2011 |
Class C
Name | Title | Term Expires |
---|---|---|
Tanny B. Crane
(Chair) |
President and Chief Executive Officer
Crane Group Company Columbus, Ohio |
2009 |
Roy W. Haley | Chairman and Chief Executive Officer
WESCO International, Inc. Pittsburgh, Pennsylvania |
2010 |
Alfred M. Rankin, Jr.
(Deputy Chair) |
Chairman, President and Chief Executive Officer
NACCO Industries, Inc. Cleveland, Ohio |
2011 |
All terms expire on December 31.[3]
See also
- Federal Reserve Bank of Cleveland Cincinnati Branch Office
- Federal Reserve Bank of Cleveland Pittsburgh Branch Office
- Federal Reserve Act
References
- ^ "Sandra Pianalto". Federal Reserve Bank of Cleveland. Retrieved 2008-02-18.
- ^ "Federal Reserve Bank of Cleveland historical photo tour". Federal Reserve Bank of Cleveland. Retrieved 11 December 2009.
- ^ a b "Directors of Federal Reserve Banks and Branches". The Federal Reserve. The Federal Reserve Board. February 5, 2009. Retrieved 2009-02-19.
External links
41°30′06″N 81°41′27″W / 41.5018°N 81.6907°W