Office of Diversity, Equity & Inclusion

Having a diverse and inclusive environment is important to our Bank, to our employees and to the communities we serve.

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At the Richmond Fed, we believe that diversity and inclusion add value to our Bank and to our communities, and that’s why we work to ensure our diversity and inclusion practices are integrated into how we do business every day. 

Our Bank has a long-standing commitment to diversity and inclusion in our workplace and business practices. We established our Office of Diversity, Equity & Inclusion (ODEI) in 2010 to lead our diversity and inclusion efforts and as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, requiring the establishment of an Office of Minority and Women Inclusion (OMWI).

Working with our Bank's senior leaders and diversity and inclusion champions across the organization, ODEI is focused on promoting a diverse and inclusive workforce, increasing access and opportunity for minority- and women-owned businesses in our Bank’s procurement opportunities, and advancing financial literacy in inner-city, majority/minority and girls' schools.

Annual Report to Congress

Our Office of Diversity, Equity & Inclusion produces an Annual Report to Congress outlining our successes, challenges and next steps in the areas of workforce diversity, supplier diversity and financial education activities.

2023
2022
2021
2020
2019

EEO Report

• Hispanic or Latino

  Job Category	Male	Female	Not Specified
  Executive/Sr Level Officials	1	0	0
  First/Mid Level Officials	14	7	0
  Professionals	82	42	1
  Technicians	0	0	0
  Sale Workers	0	0	0
  Administrative Support Workers	0	5	0
  Craft Workers	1	0	0
  Operatives	3	2	0
  Laborers and Helpers	1	0	0
  Service Workers	9	0	0
  Totals	111	56	1

  EEO-1 Data December 31, 2023

  1. This information serves as a general snapshot of our Bank's overall employee composition to give the public a sense of who works for us. The race and gender categories as well as job categories are created by the Equal Employment Opportunity Commission (EEOC) and are the industry standard to measure and compare employee populations. At this time, other diversity groups that employees may identify themselves with — like religion, national origin, age, sexual orientation or disability — are not measured or required to be reported to the EEOC in the same way.
  2. View additional information regarding our Bank's diversity and inclusion practices.
• Non-Hispanic or Latino Male

  Job Category	American Indian or Alaska Native	Asian	Black or African American	Native Hawaiian/ Other Pacific Islander	Two or More Races	White	Not Specified	Grand Total
  Executive/Sr Level Officials	0	3	1	0	1	7	0	12
  First/Mid Level Officials	5	35	47	1	0	250	3	341
  Professionals	7	246	191	1	13	873	19	1,350
  Technicians	0	1	0	0	0	1	0	2
  Sales Workers	0	0	0	0	0	1	0	1
  Administrative Support Workers	0	0	0	0	0	3	1	4
  Craft Workers	1	1	13	0	1	24	0	40
  Operatives	0	6	14	1	0	13	0	34
  Laborers and Helpers	0	0	2	0	0	3	0	5
  Service Workers	0	4	31	0	1	38	1	75
  Totals	13	296	299	3	16	1,213	24	1,864

  EEO-1 Data December 31, 2023

  1. This information serves as a general snapshot of our Bank's overall employee composition to give the public a sense of who works for us. The race and gender categories as well as job categories are created by the Equal Employment Opportunity Commission (EEOC) and are the industry standard to measure and compare employee populations. At this time, other diversity groups that employees may identify themselves with — like religion, national origin, age, sexual orientation or disability — are not measured or required to be reported to the EEOC in the same way.
  2. Eight employees whose roles are categorized as Professionals chose not to disclose race/ethnicity or gender. 
  3. View additional information regarding our Bank's Diversity and Inclusion practices.
• Non-Hispanic or Latino Female

  Job Category	American Indian or Alaska Native	Asian	Black or African American	Native Hawaiian/ Other Pacific Islander	Two or More Races	White	Not Specified	Grand Total
  Executive/Sr Level Officials	0	1	0	0	0	9	0	10
  First/Mid Level Officials	0	22	47	0	1	128	2	200
  Professionals	3	131	218	0	10	469	18	849
  Technicians	0	0	0	0	0	0	0	0
  Sales Workers	0	0	0	0	0	1	0	1
  Administrative Support Workers	0	1	27	0	2	39	1	70
  Craft Workers	0	0	0	0	0	0	0	0
  Operatives	0	2	14	0	0	5	1	22
  Laborers and Helpers	0	0	0	0	0	1	0	1
  Service Workers	0	0	9	1	0	5	0	15
  Totals	3	157	315	1	13	657	22	1,168

  EEO-1 Data December 31, 2023

  1. This information serves as a general snapshot of our Bank's overall employee composition to give the public a sense of who works for us. The race and gender categories as well as job categories are created by the Equal Employment Opportunity Commission (EEOC) and are the industry standard to measure and compare employee populations. At this time, other diversity groups that employees may identify themselves with — like religion, national origin, age, sexual orientation or disability — are not measured or required to be reported to the EEOC in the same way.
  2. Eight employees whose roles are categorized as Professionals chose not to disclose race/ethnicity or gender. 
  3. View additional information regarding our Bank's Diversity and Inclusion practices.
• Overall Totals

  Job Category	Grand Total
  Executive/Sr Level Officials	23
  First/Mid Level Officials	562
  Professionals	2,331
  Technicians	2
  Sales Workers	2
  Administrative Support Workers	79
  Craft Workers	41
  Operatives	61
  Laborers and Helpers	7
  Service Workers	99
  Totals	3,207

  EEO-1 Data December 31, 2023

  1. This information serves as a general snapshot of our Bank's overall employee composition to give the public a sense of who works for us. The race and gender categories as well as job categories are created by the Equal Employment Opportunity Commission (EEOC) and are the industry standard to measure and compare employee populations. At this time, other diversity groups that employees may identify themselves with — like religion, national origin, age, sexual orientation or disability — are not measured or required to be reported to the EEOC in the same way.
  2. View additional information regarding our Bank's Diversity and Inclusion practices.