Kimbrel, Marvin Monroe, 1916-1999

M. Monroe Kimbrel served as the tenth president and chief executive officer of the Federal Reserve Bank of Atlanta from February 1, 1968, to March 31, 1980. Kimbrel's service to the Federal Reserve System began as a member of the board of directors of the Atlanta Fed from 1960 to 1965. Over the course of Kimbrel's 12-year presidency, the Atlanta Fed made major improvements in its operating efficiency, at a time when southeastern banking activity grew significantly. The growth of the "Sun Belt" economy of the southeast was accompanied by expansion of the region's banks. Banking assets in the Atlanta Fed district more than doubled during Kimbrel's presidency, and the number of international banking offices grew from one to over 25. (Source: Federal Reserve History)