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2026 data Public-data reference Official source

Federal Reserve Bank of Richmond

3 H-1B petitions, 100% certified, $187,032 median salary, FY2023–2024.

Richmond, VA NAICS: 521110

The verdict

Federal Reserve Bank of Richmond filed 3 H-1B petitions, more than 69% of U.S. sponsors - certified at 100% with a $187,032 median offered wage.

3
H-1B petitions, FY2023–FY2024
100%
DOL-certified
$187,032
median offered wage
Top 31%
of sponsors by volume

Based in Richmond, VA. Computed live from U.S. Department of Labor LCA disclosures.

H-1B sponsorship profile: Federal Reserve Bank of Richmond. Across U.S. Department of Labor LCA disclosures, Federal Reserve Bank of Richmond filed 3 Labor Condition Applications covering 3 H-1B worker positions between fiscal year 2023 and fiscal year 2024. The employer’s DOL certification rate sits at 100% (3 certified of 3 filed), a useful proxy for how cleanly their prevailing-wage attestations pass the Labor Department’s preliminary review before USCIS adjudication.

Compensation spread. Offered wages on Federal Reserve Bank of Richmond’s H-1B petitions range from $179,366 at the low end to $191,356 at the high end, with a petition-weighted average of $187,032. That range reflects the mix of occupations the company sponsors, led by Financial Economist (3 petitions at $187,032 avg). H-1B salaries reported on LCAs must meet or exceed the DOL prevailing wage for the role and worksite, so the spread also tracks wage-level geography and seniority.

Geographic footprint. Federal Reserve Bank of Richmond is headquartered in Richmond, VA under NAICS code 521110, and places H-1B workers across 1 state, most heavily in NC. Combined, these signals give a granular view of how one employer uses the H-1B program, volume, approval cleanliness, wage posture, and where the jobs actually sit on the map.

Where Federal Reserve Bank of Richmond ranks. By H-1B petition volume, Federal Reserve Bank of Richmond is #37,433 of 119,880 employers nationally and #1,333 of 3,399 employers headquartered in VA. Both ranks are computed live from the same underlying petition counts, not a separate estimate.

Certification Rate

100%

Avg. Salary

$187,032

Median Salary

$187,032

Total Workers

3

Compare with another sponsor

Federal Reserve Bank of Richmond vs a peer vs the national average, from DOL LCA data.

Avg. offered wage$187,032 · 63% higher than CGI Technologies and Solutions Inc
This sponsor
Peer
$115,071
National avg.
$112,482
Certification rate100.0% · 1% higher than CGI Technologies and Solutions Inc
This sponsor
Peer
99.5%
National avg.
97.7%
Total petitions3 · 100% lower than CGI Technologies and Solutions Inc
This sponsor
Peer
2,642
National avg.
16
Filing Growth (FY2023 to FY2024) 50.0%
Wondering how long it takes USCIS to process an H-1B petition for this employer? See current I-129 processing times →

Salary Analysis

Compensation range for H-1B positions at Federal Reserve Bank of Richmond

Minimum
$179,366
Maximum
$191,356
Average Salary
$187,032

Wage vs. DOL Minimum

+97.7%

national avg +17.9%

Typical DOL Wage Level

Fully Competent (Level IV)

66.7% of petitions

Full-Time Positions

100%

Primary Worksite County

MECKLENBURG, NC

100% of petitions

Petition History

H-1B filing trends from FY2023 to FY2024

FY2023 2 petitions · 100% certified · $185,361 avg
FY2024 1 petitions · 100% certified · $190,373 avg
Year Petitions Certified Avg. Salary
FY2023 2 2 $185,361
FY2024 1 1 $190,373

Top Occupations

Most frequently sponsored job titles at Federal Reserve Bank of Richmond

Job Title Petitions Avg. Salary
Financial Economist 3 $187,032

Geographic Distribution

Where Federal Reserve Bank of Richmond places H-1B workers across the United States

NC 3 petitions

Recent LCA Petitions

Latest H-1B labor condition applications filed by Federal Reserve Bank of Richmond

Job Title Location Salary Status Year
Financial Economist Charlotte, NC $190,373 Certified FY2024
Financial Economist Charlotte, NC $191,356 Certified FY2023
Financial Economist Charlotte, NC $179,366 Certified FY2023

Similar Employers in VA

Other H-1B sponsors based in VA, ranked by petition volume

Compare Federal Reserve Bank of Richmond vs CGI Technologies and Solutions Inc side-by-side →

Frequently Asked Questions

How many H-1B petitions has Federal Reserve Bank of Richmond filed?

Federal Reserve Bank of Richmond has filed 3 H-1B LCA petitions covering 3 worker positions from FY2023 to FY2024.

What is the H-1B approval rate for Federal Reserve Bank of Richmond?

Federal Reserve Bank of Richmond has a 100% certification rate, with 3 out of 3 petitions certified.

What is the average H-1B salary at Federal Reserve Bank of Richmond?

The average H-1B salary at Federal Reserve Bank of Richmond is $187,032. Salaries range from $179,366 to $191,356.

What are the most common H-1B job titles at Federal Reserve Bank of Richmond?

The top H-1B job titles at Federal Reserve Bank of Richmond include Financial Economist. The most common position is Financial Economist with 3 petitions at an average salary of $187,032.

Where is Federal Reserve Bank of Richmond located?

Federal Reserve Bank of Richmond is headquartered in Richmond, VA.

Is Federal Reserve Bank of Richmond H-1B dependent?

No, Federal Reserve Bank of Richmond is not classified as H-1B dependent.

How has Federal Reserve Bank of Richmond's H-1B sponsorship changed over time?

Federal Reserve Bank of Richmond filed 2 petitions in FY2023 and 1 in FY2024. Average salary increased from $185,361 to $190,373.

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Data Sources

H-1B visa petition data is sourced from the U.S. Department of Labor (DOL) Labor Condition Application (LCA) disclosure files. Data covers fiscal years 2023 through 2026. Salary figures reflect amounts listed on LCA petitions, not actual compensation paid. Certification of an LCA does not guarantee visa approval.

Source: DOL Foreign Labor Performance Data

Source: U.S. Department of Labor, Office of Foreign Labor Certification, LCA Disclosure Data (FY2023–FY2026)

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Department of Labor LCA disclosure files. Consult a qualified professional before making decisions based on this data.

Every figure on PlainVisa is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.