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Fe d e r a l R e s e r v e Ba n k of S t . L o u is P. O. Box 442 S t . Lo u i s , Mi s s o u r i 6 3 1 6 6 E L E C T IO N O F D IR ECTO R S NO M INATIO N PR O CED U R ES September 11, 1981 T o th e M e m b e r B a n k s o f th e E ig h th F e d e ra l R e serve D is tr ic t: An election will be held under the provisions of Section 4 of the Federal Reserve Act to choose successors to the following directors of this bank, whose terms expire December 31, 1981: Class A Director, George M. Ryrie President First National Bank & Trust Company Alton, Illinois Class B Director, Tom K. Smith, Jr. St. Louis, Missouri Mr. George M. Ryrie, who has served as a Class A Director since January 1, 1979, was elected by banks in Group 2, and his successor will be chosen by banks in this group. Group 2 consists of banks having capital and surplus of $1,500,000 and over, but not over $5,000,000. Mr. Tom K. Smith, Jr., Class B Director, was elected by banks in Group 1, and his successor will be chosen by banks in this group. Group 1 consists of banks having capital and surplus over $5,000,000. Mr. Smith, who has served as a Class B Director since November 6, 1974, has respectfully requested that his name not be placed in nomination for reelection. The banks comprising Groups 1 and 2 are listed on the following pages. The group in which a member bank will be entitled to vote will be determined by its class ification as of the date of this letter, even though its capital and surplus may subsequently change prior to the date of the election. Each bank in Group 1 is permitted to nominate one candidate for Class B Director and each bank in Group 2 is permitted to nominate one candidate for Class A Director.* The nominations must be made by resolution of the Board of Directors and certified to me on or before October 9, 1981. A form for this purpose is enclosed. On October 16,1981, a list of the candidates (indicating by whom nominated) and a preferential ballot will be mailed to each bank in the voting groups. The ballot must be cast within fifteen days after receipt. The polls will open at 9 a.m. on October 20, 1981, and close at 2 p.m. on November 4,1981. A t that time the ballot box will be opened in the Board Room of this bank, the votes counted and results of the election announced. The candidates are invited to be present or represented on that occasion. In order to be counted, the ballot must be executed by an officer authorized to cast the vote. If the official signature of the officer, or officers,(authorized to cast the ballot has not been filed with this Federal Reserve Bank, such official signature should be filed before the polls dose. Inasmuch as the authority conferred on these officers continues until revoked, they need not be reappointed. Each member bank which has not designated an officer, or officers, for the purpose of signing the ballot, or any bank that desires to change its authorization, should do so by res olution of its Board of Directors and certify the appointment to hie before the polls dose. A form for this purpose will be furnished upon request. While hhe banks in Group 3 will not vote in this election, this circular is sent to them without forms for their information. Very truly yours, A R M A N D C. S T A LN A K ER Chairman of the Board * Section 4 of the Federal Reserve Act contains the following provisions: "Class A shall consist of three members, without discrimination on the basis of race, creed, color, sex, or national origin, who shall be chosen by and be representative of the stock-holding banks." "No officer or director of a member bank shall be eligible to serve as a Class A director unless nominated and elected by banks which are members of the same group as the member bank of which he is an officer or director." "A ny person who is an officer or director of more than one member bank shall not be eligible for nomination as a Class A director except by banks in the same group as the bank having the largest aggregate resources of any of those of which such person is an officer or director." "N o director of Class B shall be an officer, director, or employee of any bank." "No Senator or Representative in Congress shall be a member of the Board of Governors of the Federal Reserve System or an officer or a director of a Federal reserve bank." Section 4 of the Federal Reserve Act, as amended by the Federal Reserve Re form Act of 1977, provides that Class B shall consist of three members, who shall be chosen to represent the public and be elected "with due but not exclusive consider ation to the interests of agriculture, commerce, industry, services, labor, and con sumers." On June 2, 1978 the Board of Governors restated its long-standing policy that activity which might be interpreted as associating the Federal Reserve with any polit ical party or political activity is inconsistent with service as a bank director. -2- GROUP 1 Consisting of member banks having capital and surplus over $5,000,000. Banks in this group elect one Class B Director A R KA N SA S C IT Y NAM E O F BAN K V O T IN G O F F IC E R El D o r a d o ......................... The First National Bank of El D o r a d o ..................................................... Chairman, President, Vice President or Cashier Fort S m ith ..........................The! City National Bank of Fort S m it h ..................................................... President Hot Springs......................... Arkansas Bank and Trust Com pany........................................................... Chairman, Vice Chairman, President, Vice President or Cashier Hot S p r in g s ...................... First National Bank of Hot Springs............................................................Chairman, President, Vice President or Cashier Little R ock......................... Th e Commercial National Bank of Little R o c k ..................................... Chairman, Vice Chairman, President, Executive Vice President, Vice President or Cashier Little R ock................ ... Th e FirstINational Bank id Little R o c k ...................................................Chairman, Persident or Cashier Little R ock......................... Union National Bank of Little R o c k ........................................................ Chairman, President or|Executive Vice President Little R ock..........................Worthen Bank & Trust Company, NationalA ssociatio n....................... Chairman, Vice Chairman or President Pine Bluff.............................National Bank of Commerce of Pine B lu f f............................................... President or Vice President Pine Bluff.............................Simmons First National Bank of Pine B l u f f ............................................Chairman, President, Vice President or Cashier T e x a rk a n a ......................... Th e State First National Bank of Texarkana............................................Chairman, President, Vice President or Cashier ILLIN O IS Belleville.............................Belleville National B a n k ................................................................................. Chairman, President, First Vice President or Cashier Belleville . ..........................First National Bank of Belleville.................................................................... Chairman, President, Vice President or Cashier F a ir fie ld .............................The Fairfield National B a n k .......................................................................... Chairman, President, Vice President or Cashier Jacksonville...................... Elliott State B a n k ..............................................................................................Chairman, President, Vice President or Cashier IN D IA N A Evansville............................... Th e Evansville............................... Th e Evansville............................... O ld V in ce n n e s............................Th e Citizens National Bank of Evansville..................... Chairman, National City Bank of Evansville........................................................ Chairman, National Bank in Evansville................................................................. Chairman, American National Bank of V in c e n n e s ........................................... Chairman, President, President, President, President, Vice Vice Vice Vice President President President President or or or or Cashier Cashier Cashier Cashier K E N TU CK Y Bowling Green Bowling Green Elizabethtown Hopkinsville . Louisville. . . Th e American National Bank and Trust Company of Bowling G re e n ............................................................................... Th e Citizens National Bank of Bowling G reen...................................... First Hardin National Bank and Trust. . . ......................................... Planters Bank & Trust C o ............................................................................ Citizens Fidelity Bank and Trust Company............................................ Louisville. Louisville. Louisville. Louisville. Paducah. . First Kentucky Trust C o m p a n y ............................................................... First National Bank of L o u is v ille ............................................................ Liberty National Bank and Trust Company of Louisville................... United Kentucky Bank, Inc........................................................................ Th e Peoples First National Bank & Trust Company of Paducah. . . . . . . . . . . . . Chairman, President, Vice President or|Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, Vice Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President or Vice President MISSISSIPPI C o lu m b u s ..........................First-Columbus National Bank........................................................................Chairman, President, Vice President or Cashier Greenville.............................Th e First National Bank of G re e n v ille ........................................................President, Vice President or Cashier New A lb a n y ...................... First National B a n k ...........................................................................................Chairman, President, Vice President or Cashier -3- MISSISSIPPI (Continued) CITY NAME OF BANK VOTING OFFICER Starkville................................ National Bank of Commerce of Mississippi............................................ Chairman, Vice Chairman, Chairman of Executive Committee, President, Vice President or Cashier T u p e lo ................................... First Citizens National B a n k ......................................................................Chairman, President, Vice President or Cashier MISSOURI L e m a y ................................... Lemay Bank and Trust C o m p a n y ............................................................ President or Vice President St. L o u is ................................Th e Boatmen's National Bank of St. Louis...............................................Chairman, President, Vice President or Cashier St. L o u is ................................Commerce-Manchester Bank, National Association............................... Chairman, Vice Chairman, President, Vice President or Cashier St. L o u is ................................First National Bank in St. Louis..................................................................Chairman, President or Executive Vice President St. L o u is ................................Manufacturers Bank & Trust Company of St. Louis...............................Chairman, President, Vice President or Cashier St. L o u is ................................ Mercantile Trust Company National A ssociatio n.................................. Chairman, President or Senior Vice President St. L o u is ................................Tow er Grove Bank and Trust C o m p a n y ..................................................Chairman, President, Executive Vice President, Vice President or Cashier TEN N ES SEE M e m p his................................First Tennessee Bank N .A ..............................................................................Chairman, President, Executive Vice President or Cashier M e m p h is................................National Bank of Com m erce........................................................................Chairman, President, Vice President or Cashier M e m p his................................ Union Planters National Bank of Memphis.............................................Chairman, President, Vice President or Cashier -4 - GROUP 2 Consisting of member banks having capital and surplus of $1,500,000 and over, but not over $5,000,000. Banks in this group elect one Class A Director AR K A N SA S C IT Y NAM E O F BANK V O T IN G O F F IC E R Batesville............. Batesville............. Berryville............. Blytheville . . . . Blytheville . . . . Camden................ Conw ay................ Crossett................ D eQ ueen............. El Dorado . . . . Fayetteville . . . Fayetteville . . . Forrest City . . . Fort Smith . . . . Fort Smith . . . . H a rris o n ............. H e le n a ................ Th e Citizens Bank...................................................................... First National B a n k ................................................................... The First National Bank of Berryville................................... The Farmers Bank & Trust C o ................................................ The First National Bank in B lyth e ville ................................ First National Bank of C a m d e n ............................................ Th e First National Bank of C o n w a y ................................... First National Bank of C rossett............................................ Th e First National Bank of DeQ ueen................................... National Bank of Commerce of D orado......................... The First National Bank of F a ye tte v ille ............................. Northwest National B a n k ...................................................... First National Bank of Eastern Arkansas............................. The First National Bank of Fort S m ith ................................ Th e Merchants National Banklof Fort Sm ith...................... Th e First National Bank in H a rris o n ................................... First National Bank of Phillips C o u n ty ................................ H o p e ................... H o p e ................... Hot Springs . . . Huntsville . . . . Little Rock. . . . M agnolia............. North Little Rock North Little Rock Osceola................ Paragould............. R o g e rs ................ Russellville. . . . Searcy................... Th e Citizens National Bank of H o p e ................................... Th e First National Bank of H o p e ......................................... Grand National B a n k ............................................................... The First National Bank of H u n ts v ille ................................ Metropolitan! National B a n k ................................................... First National Bank of Magnolia............................................ First American National B a n k ................................................ National Bank of Arkansas in North Little R o c k ............. First National Bank in Osceola ............................................. First National B a n k ................................................................... First National B a n k .................................................................. First National Bank of R ussellville...................................... First National B a n k .................................................................. First National B a n k .................................................................. Th e First National Bank of Springdale................................ First National Bank in Stuttgart............................................. First National Bank of Lawrence County at Walnut Ridge Fidelity National Bank of West Memphis............................. First National Bank in West Memphis................................... Th e First National Bank of W y n n e ...................................... Siloam Springs. . Springdale . . . . S tu ttg a rt............. Walnut Ridge . . West Memphis . . West Memphis . . W y n n e ................ Jpl Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, Vice Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President or Executive Vice President Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President ILL IN O IS A l b i o n ................................... Citizens National Bank of A lb io n ............................ A lt o n ...................................... First National Bank & Tru st C o m p a n y ................... Carbondele.............................First National Bank and Trust C o m p a n y ................ C e ntra lia ............................. . First National Bank and Trust C o m p a n y ............. C entra lia................................Th e O ld National Bank of C e n tr a lia ...................... Chaster................................... Buena Vista National Bank of C h e s te r................... Collinsville.............................Th e First National Bank of Collinsville................... D u Q u o in ................................ DuQuoin National B a n k ............................................ D u Q u o in ................................ DuQuoin State B a n k .................................................. Edwardsville..........................Edwardsville National Bank and Trust Company -5- Chairman, President, Vice President or Chairman, President, Vice President or Chairman, President, Vice President or Chairman, President, Vice President or President, Vice President or Cashier Chairman, President, Vice President or Chairman, President, Vice President or Chairman, President, Vice President or Chairman, President, Vice President or President Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier ILLINOIS (Continued) CITY NAME OF BANK VOTING OFFICER Effingham . Effingham State B a n k ......................................................... Effingham . Granite City Harrisburg . Harrisburg . Highland . . Hillsboro . . Hillsboro . . N ew ton. . . Oblong . . . 01 n a y . . . . Quincy . . . Robinson. . Salem . . . . Th e First National Bank of E ffing h am ............................. First-Granite City National B a n k ...................................... Th e First National Bank of H arrisburg............................. Th e Harrisburg National B a n k ............................................. Th e First National Bank of H ighland................................ T h e Hillsboro National B a n k ............................................. Montgomery County National B a n k ................................ Th e First National Bank in N ew ton................................... Th e First National Bank of O b lo n g ................................... First National Bank in Olney................................................ Th e First National Bank and Trust Company of Quincy Th e First National Bank in Robinson................................ Th e Salem National Bank...................................................... Steeleville . Wayne C ity . Wood River. First National Bank of Steeleville...................................... Th e First National Bank of Wayne C ity ............................. Th e First National Bank of Wood R i v e r .......................... Chairman, President, Vice President, Cashier or Assistant Cashier Chairman, President, Vice President or Cashier Chairman, President or Cashier President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President, Vice President or Cashier Chairman] President, Vice President or Cashier Chairman, President, Vice Preisdent or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President, Vice President, Cashier or Assistant Cashier Chairman, President, Vice President or Cashier Cashier Chairman, President, Vice President or Cashier IN D IA N A Bedford................................... Th e Bedford National B a n k ..................................... .. Bedford................................... Th e Citizens National Bank of Bedford..................... C harlestow n..........................First Bank of Charlestown........................................... , Clarksville ..........................Clarksville National Bank............................................ .. H untingburg............................ Th e First National Bank of Huntingburg............... . Mount V e rn o n ...................... Th e Posey County National Bank, Mount Vernon. Petersburg.............................Th e Citizens State Bank of Petersburg..................... Princeton................................ Th e Farmers National Bank of Princeton............... .. Scottsburg.............................Th e Scott County State B a n k ..................................... Sellersburg.............................Indiana Southern Bank of S e llersbu rg ...................... S e y m o u r................................ Th e Seymour National Bank........................................ Tall C i t y ................................ Th e Citizens National Bank of Tell C i t y .................. Tell C i t y ................................ Th e Tell C ity National B a n k ........................................ Chairman, President, Vice President or Cashier President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President, Vice President or Cashier President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Cashier Chairman, President, Viccj President or Cashier K EN TU CK Y D a n v ille ................................ Th e Farmers National Bank of D a n v ille ...............................................President, Vice President or Cashier Fort K n o x .......................... . Fort Knox National Bank ......................................................................Chairman, President, Vice President or Cashier G la s g o w ................................ Th e New Farmers National Bank of G la s g o w ........................................Chairman, President, Vice President or Cashier Henderson............................. Ohio Valley National Bank of H e n d e rs o n .............................................. Chairman, President, Vice President or Cashier M a y fie ld ................................ Th e First National Bank of Mayfield ....................................................... Chairman, President, Vice President or Cashier M o rg a n fie ld ..........................Th e Morganfield National B a n k ................................................................. President, Vice President lor Cashier Owensboro.............................Th e Owensboro National B a n k ................................................................. Chairman, President, Vice President or Cashier Russell Springs.......................Th e First National Bank of Russell S p r in g s ........................................... Chairman, President, Vice President or Cashier S co tts ville .............................Th e IFarmers National Bank of S cottsville............................................President or Cashier MISSISSIPPI C la rksda le.............................First National Bank of Clarksdale . . . . C o lu m b u s ............................. Merchants & Farmers Bank......................... C o rin th ................................... National Bank of Commerce of Corinth L e x in g to n .............................First National Bank of Holmes C o u n ty . O x f o r d ................................... Th e First National Bank of O xford . . . P o n to to c................................ Th e First National Bank of Pontotoc . . West P o in t .............................Th e First National Bank of West P o in t. Chairman, President, Vice President Chairman, President, Vice Chairman, President, Vice Chairman, President, Vice Chairman, President, Vice Chairman, President, Vice President or Cashier President or President or President or President or President or Cashier Cashier Cashier Cashier Cashier MISSOURI CITY VOTING OFFICER NAME OF BANK A f f t o n ...................................Commerce Bank - South, N .A ................................................ A f f t o n ...................................Gravois Bank.............................................................................. Cape G ira rd e a u ................... Th e First National Bank of Cape G ira rd e a u ...................... C la yto n . . .............................Th e First National Bank of Clayton..................................... Colum bia................................Th e Boone County National Bank of C olu m bia ............... Colum bia................................First National Bank and Trust C o m p a n y ............................ F u lto n i................................... Th e Callaway B a n k .................................................................. Jackson ................................Jackson Exchange Bank and Trust Company . . . . . . Jefferson C i t y ...................... Th e Exchange National Bank of Jefferson C i t y ............... K ir k w o o d .............................Commerce Bank of Kirkwood, National Association . . Ladue...................................... Mark Tw ain National Bank..................................................... L e b a n o n ................................Commerce Bank of Lebanon, National Association. . . Maplewood.............................Citizens National Bank of Greater St. L o u is ...................... M e x ic o ................................... Commerce Bank of Mexico, National Association. . . . Moberly ................................ City Bank and Trust Company of M oberly......................... M o b e r ly ................................Commerce Bank of Moberly, National Association . . . St. C h a rle s.............................Th e First National Bank of Saint Charles............................ St. C h a rle s.............................Mark Twain St. Charles County Bank, N . A ........................ St. L o u is ................................American National Bank in St. Lo u is.................................. St. L o u is ................................Lindell Trust C om pany............................................................ St. L o u is ................................South Side National Bank in St. L o u is ............................... St. L o u is ................................United Missouri Bank of St. Louis, National Association St. Louis County................... Mercantile National Bank of St. Louis County................... Springfield.............................Battlefield National Bank......................................................... Springfield.............................Boatmen's Union National Bank............................................ Springfield.............................Charter Bank Springfield, N . A ................................................ West Plains.............................Th e First National Bank of West Plains............................... Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Cashier or Assistant Cashier Chairman, President, Vice President or Cashier President Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President, Executive Vice President or Vice President Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier TEN N ES SEE D y e rs b u rg .............................First-Citizens National Bank of Dyersburg...............................................Chairman, President, Vice Jackson................................... The First National Bank of Jackson...........................................................Chairman, President, Vice Jackson................................... Jackson National B a n k .................................................................................Chairman, President, Vice Jackson................................... Th e National Bank of Commerce of Jackson........................................... Chairman, President, Vice M e m p his................................Commerce Union Bank of Memphis...........................................................Chairman, President, Vice M e m p his................................First American Bank of Memphis, N . A . ..................................................Chairman, President, Vice -7 President or Cashier President or Cashier President or Cashier President orCashier President orCashier President orCashier
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