Grover Cleveland appeared on two different $20 bills, both printed in the 1914 series. There's more information at the question "What is the value of a 1914 US 20 dollar Federal Reserve Note?"
For clarity, the bill was actually printed in Washington and was distributed by the Richmond Federal Reserve district.
For the purpose of carrying out these day-to-day operations of the Federal Reserve System, the nation has been divided into twelve Federal Reserve Districts, with Banks in Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco.
It indicates the Federal Reserve district that distributed the bill: A: Boston B: New York C: Philadelphia D: Cleveland E: Richmond F: Atlanta G: Chicago H: St. Louis I: Minneapolis J: Kansas City K: Dallas L: San Francisco All bills are printed either in Washington or Fort Worth, but they're given different letters depending on which Federal Reserve district will release them to commercial banks.
$130 to $175 depending on how worn it is.
If it has a brown seal, $30 to $200 depending on condition
Probably $50 unless it is in special condition.
It depends on what letter, if any, is next to the date. A 1928 C bill from the Cleveland* Federal Reserve District is quite valuable, with prices for a circulated bill in the $250 to $450 range as of 10/2011. Other letters are much more common; please see the Related Question for more. (*) To explain, there's no "Federal Reserve of Ohio". It's actually the Fourth Federal Reserve District which has its offices in Cleveland, so it's generally referred to as the Cleveland Federal Reserve District.
Federal Reserve Bank of Cleveland was created in 1923.
Federal Reserve Bank of Richmond Baltimore Branch was created in 1926.
The 12 federal reserve banks (in order of district) are: Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis Kansas City Dallas San Francisco most have branches in other locations
The second district in the Federal Reserve System is regulated by the Federal Reserve Bank of New York. This includes New York, and part of New Jersey.
The 1934 series only extends to the letter D. You may be confusing the series letter with Federal Reserve Bank letter, which is "E" for the Richmond Federal Reserve District.There's more information at the Related Question.Note that the bill was actually printed in Washington; the Richmond district ordered it and distributed it.
Federal Reserve Bank of Cleveland Pittsburgh Branch was created in 1933.
Federal Reserve Notes are printed by the Bureau of Engraving and Printing at facilities in Washington and Fort Worth. Bills are distributed through the Federal Reserve banks in Boston, New York, Philadelphia, Richmond, Atlanta, St. Louis, Cleveland, Chicago, Kansas City, Dallas, Minneapolis, and San Francisco.
Please take another look. It's not from the Bank of Cleveland, it's from the Cleveland Federal Reserve District. In fact, it was actually printed in Washington and merely distributed via the Cleveland FR District. There's more information at the Related Question.
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The Federal Reserve District appears only on bills with green seals that say "Federal Reserve Note" on their front side. Older blue- and red-seal notes were not issued through the Federal Reserve System so they don't have the district. There's a full description of the letters and districts at the BEP website:
It indicates the Federal Reserve district that distributed the bill: A: Boston B: New York C: Philadelphia D: Cleveland E: Richmond F: Atlanta G: Chicago H: St. Louis I: Minneapolis J: Kansas City K: Dallas L: San Francisco All bills are printed either in Washington or Fort Worth, but they're given different letters depending on which Federal Reserve district will release them to commercial banks.