Wayne, Edward A., 1903-1990

Edward A. Wayne became the third president of the Federal Reserve Bank of Richmond on March 1, 1961 and retired on March 31, 1968. Wayne joined the Richmond Fed in 1943 as vice president in charge of the Bank Examination Department and later became vice president of the Bank Relations and Public Information Department. He was named first vice president in 1953 and became president eight years later, succeeding Hugh Leach. During Wayne's presidency, Richmond installed its first computers in 1962, the Federal Reserve marked its fiftieth anniversary from 1963 to 1964, and hired its first woman bank examiner, Charlotte Waldrop, in 1967. (Source: Federal Reserve History)