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Election of D irectors N omination P rocedures S eptem ber 11, 2001 E l e c t io n o f D ir e c t o r s N o m in a t io n P r o c e d u r e s To the Member Banks of the Eighth Federal Reserve District: An election will be held under the provisions of Section 4 of the Federal Reserve Act, as amended, to choose successors to the following directors of this Bank: Class A Director Class B Director Thomas H. Jacobsen Chairman Emeritus Firstar Corporation (now U.S. Bancorp) Minneapolis, Minnesota Bert Greenwalt Partner Greenwalt Company Hazen, Arkansas Mr. Jacobsen was elected by bank in Group 1 to a three-year term which expires December 31, 2001. He has requested that his name not be placed in nomination for reelection. His successor will be chosen by banks in Group 1 which consists of banks having capital and surplus of $55,000,000 and over. Mr. Greenwalt was elected by banks in Group 3 to a three-year term which expires December 31, 2001. He is eligible for reelection for a term that will expire December 31, 2004. His successor will be chosen by banks in Group 3 which consists of banks having capital and surplus of $4,300,000 and under. This letter lists the member banks in each classification. The group in which a member bank is entitled to vote is determined by its classification 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 participating in this election* may make a nomination as follows: Each bank in Group 1 may nominate one candidate for Class A director and each bank in Group 3 may nominate one candidate for Class B director. Limitations on eligi bility for nomination for Class A and Class B directors are set forth below. The nominations must be made by resolution of the Board of Directors and certified to me on or before October 11, 2001. A form for this purpose is enclosed. E l e c t io n o f D ir e c t o r s ^ N o m in a t io n P r o c e d u r e s On October 26, 2001, a list of the candidates (including by whom nominated) and a prefer ential 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 30, 2001, and close at 2 p.m. on November 14, 2001. At 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 close. 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 resolution of its Board of Directors and certify the appointment to me before the polls close. A form for this purpose wdll be furnished upon request. While the banks in Group 2 will not vote in this election, this circular is sent to them with out forms for their information. Group 2 consists of member banks with combined capital and surplus over $4,300,000, but under $55,000,000. Charles W. Mueller Chairman of the Board September 11, 2001 ^Section 4 of the Federal Reserve Act, as amended, provides that whenever member banks in the same Federal Reserve district are subsidiaries of the same bank holding company, participation in the nomination and election is confined to the member bank designated for that purpose by the holding company. 2 E l e c t io n o f D ir e c t o r s ^ N o m in a t io n P r o c e d u r e s LIMITATIONS O N ELIGIBILITY FOR NOMINATION Section 4 of the Federal Reserve Act, as amended, 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 stockholding 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. . . Any 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. Class B shall consist of three members, who shall represent the public and shall be elected with out discrimination on the basis of race, creed, color, sex or national origin, and with due but not exclusive consideration to the interests of agriculture, commerce, industry, services, labor and consumers. . . No 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. The Board of Governors of the Federal Reserve System has issued the following guidelines concern ing qualifications of Class A and B directors. Class A directors should be representatives of the member banks by which they are elected [and] should be residents of the district in which the Federal Reserve Bank is located. The Federal Reserve Banks will be served best by directors whose business and financial inter ests are primarily within and representative of the bank or branch territory for which they are selected rather than of interests controlled or owned outside of such territory. A person whose sole occupation is that of the officer of a savings and loan association is not eli gible for election as a Class B director of a Federal Reserve Bank. 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 political party or political activity is inconsistent with service as a Bank director. In addition, holding a public office in the service of the United States, or of any state, territory, county, district, municipality or political subdivision similar ly is inconsistent with service as a Bank director. Questions about eligibility to serve should be directed to the Secretary of the Bank. 3 E l e c t io n of D ir e c t o r s ^ G roup 1 N o m in a t io n P r o c e d u r e s Consisting of member banks having capital and surplus of $55 million and over I N D IA N N A City Authorized Signature Name of Bank Evansville................Integra Bank, NA .. Chairman, President, Vice President or Cashier Evansville................Old National Bank Chairman, President, Vice President or Cashier KENTUCKY City Name of Bank Authorized Signature Louisville................. Bank of Louisville............................................................................. Chairman, President, Vice President or Cashier Louisville................. Bank One, Kentucky, National Association..................................Chairman, President, Vice President or Cashier Louisville................. Fifth Third Bank, Kentucky, Inc......................................................Chairman, President, Vice President or Cashier Louisville................. National City Bank, Kentucky........................................................ Chairman, President, Executive VicePresident or Secretary Owensboro..............Area Bank...........................................................................................Chairman, President, Vice President or Cashier M IS S IS S IP P I City Authorized Signature Name of Bank Chairman, Chairman of Executive Committee, Starkville................. National Bank of Commerce of Mississippi President, Vice President or Cashier M IS S O U R I City Name of Bank Authorized Signature Creve C oeur........... First Bank...........................................................................................Chairman or President T EN N ESSEE City Name of Bank Authorized Signature Memphis First Tennessee Bank National Association Memphis Chairman, President, Executive Vice President Memphis National Bank of Commerce.......................................... Chairman, President, Vice President or Cashier Memphis Union Planters Bank, National Association................. Chairman, President, Vice President or Cashier or Cashier 4 — E le c t io n of D ir e c t o r s ^ N o m in a t io n P r o c e d u r e s Consisting of member banks having capital and surplus of $4.3 million and under G roup 3 A R K A N SA S City Name of Bank Authorized Signature Altheimer.................First National Bank of Altheimer............................................. Chairman, President. Vice President or Cashier Ashdown................. First National Bank..................................................................... Chairman, President, Vice President or Cashier Batesville..................The Citizens Bank....................................................................... Chairman, President, Vice President or Cashier Berryville..................The First National Bank of Berryville..................................... Chairman, President, Vice President or Cashier Blytheville............... The Farmers Bank & Trust Co.................................................. Chairman, President. Vice President or Cashier Calico Rock............. First National Bank of Izard County....................................... Chairman, President. Vice President or Cashier Crossett....................First National Bank of Crossett............................................... Chairman. President, Vice President or Cashier De Queen................ First State Bank of De Queen.................................................... Chairman. President, Vice President or Cashier De Queen................ The First National Bank of De Q ueen.................................... Chairman. President, Vice President or Cashier De Witt.....................The First National Bank of De Witt......................................... Chairman, President, Vice President or Cashier Dierks....................... First National Bank of Floward County.................................. Chairman, President. Vice President or Cashier El Dorado................ Simmons First Bank of El Dorado, N.A.................................. President Eorrest C ity.............First National Bank of Eastern Arkansas................................ Chairman. President, Vice President or Cashier Forrest City............. Forrest City Bank, National Association................................ Chairman, President. Vice President or Cashier Gravette....................Sinclair National Bank............................................................... Chairman, President, Vice President, Cashier or Board Officer Green Forest............The First National Bank in Green Forest................................ President, Vice President or Cashier Heber Springs..........Heber Springs State Bank..... ......................................... Chairman. President, Vice President or Cashier Helena......................Helena National Bank................................................................ Chairman, President, Vice President or Cashier Lewisville................ The First National Bank of Lewisville.................................... Chairman, President. Vice President or Cashier Little Rock............... Arkansas Bankers’ Bank.... President or Chief Executive Officer ................................... Little Rock............... Bank of Little Rock.................................................................... Little Rock............... Eagle Bank and Trust Company............................................... Chairman, President, Vice President, Cashier Malvern....................The Malvern National Bank............. Chairman, President. Vice President or Cashier or Secrctary/Treasurer ......................... Marianna................. First National Bank at Marianna.............................................. Vice President McGehee..................The First National Bank of McGehee..................................... Chairman, President, Vice President or Cashier M ena........................ First National Bank in Mena..................................................... Chairman, President. Vice President or Cashier Mountain Home..... First National Bank &r Trust Company of Mountain Home Chairman. President, Vice President or Cashier Mulberry................. Bank of Mulberry........................................................................ Chairman Nashville..................Citizens National Bank of Nashville........................................ Chairman. President. Vice President or Cashier Paragould................ First National Bank..................... Chairman. President, Vice President or Cashier .................................... Paragould................ Southern Bank of Commerce.................................................... P aris......................... The First National Bank at Paris.............................................. Chairman, President, Vice President or Cashier Pine Bluff..................Simmons First Trust Company, N.A ... Chairman, President or Cashier Rogers......................Arvest Bank.................................................................................. Chairman, President, Vice President or Cashier Rogers...................... Arvest Trust Company, National Association........................ Chairman. President, Vice President or Cashier R ogers......................Bank of Rogers...................................... ............ Chairman. President. Vice President or Cashier Stuttgart....................The Farmers and Merchants Bank.... ................. Chairman, President, Vice President or Cashier 5 E l e c t io n o f D ir e c t o r s ^ N o m in a t io n P r o c e d u r e s G roup 3 Van Buren....... Citizens Bank & Trust Company................................................... Chairman,President or Cashier Walnut Ridge . First National Bank of Lawrence County at Walnut R idge......Chairman, President, Vice President or Cashier W arren............ Warren Bank and Trust Com pany................................................ Chairman or President West Memphis Fidelity National Bank..................................................................... Chairman, President, Vice President or Cashier Yellville............ The Bank of Yellville.........................................................................Chairman, President, Vice President or Cashier IL L I N O I S City Name of Bank Authorized Signature Albion....................... Citizens National Bank of Albion........................................ Chairman, President, Vice President or Cashier Allendale..................The First National Bank of Allendale................................. Chairman, President, Vice President or Cashier Anna.........................The Anna National Bank....................................................... Chairman, President, Vice President or Cashier Ava............................ The First National Bank of Ava............................................. Chairman, President, Vice President or Cashier Barry.........................The First National Bank of Barry......................................... Chairman, President, Vice President or Cashier Brownstown............The First National Bank of Brownstown............................ Chairman, President, Vice President or Cashier Carlinville...............The Carlinville National Bank.............................................. Chairman, President, Vice President or Cashier Carlyle......................The First National Bank in Carlyle...................................... Chairman, President, Vice President or Cashier C arm i.......................The First National Bank of C arm i....................................... President or Cashier Carrollton.................Cornerstone Bank & Trust, National Association............ Chairman, President, Executive Vice President, Vice President or Cashier Chester..................... Buena Vista National Bank of Chester................................ Chairman, President, Vice President or Cashier Columbia................. Columbia National Bank....................................................... Chairman, President, Vice President or Cashier Coulterville.............The First National Bank of Coulterville............................. Chairman, President, Vice President or Cashier Dieterich.................. The First National Bank of Dieterich.................................. Chairman, President, Vice President or Cashier Dongola....................The First State Bank of Dongola.......................................... Chairman, President, Vice President or Cashier DuQuoin..................DuQuoin State Bank.............................................................. Chairman, President, Vice President or Cashier East St. Louis........... First Illinois Bank.................................................................. Chairman, President, Vice President or Cashier Flora..........................Flora Bank & Trust................................................................ Chairman, President, Vice President or Cashier Greenville.................The Bradford National Bank of Greenville........................ Chairman, President, Vice President or Cashier Griggsville............... Farmers National Bank of Griggsville................................. Chairman, President, Vice President or Cashier Jonesboro................ The First National Bank of Jonesboro................................ President, Vice President or Cashier Kinmundy...............The First National Bank of Kinmundy............................... Chairman, President, Vice President or Cashier Lawrenceville......... Heritage National Bank.......................................................... Chairman, President, Vice President or Cashier Lim a......................... The State Bank of Lima.......................................................... Chairman, President, Vice President or Cashier Litchfield..................The First National Bank of Litchfield................................. President or Cashier Litchfield..................The Litchfield National Bank............................................... Chairman, President, Vice President or Cashier Metropolis................The City National Bank of Metropolis................................ Chairman, President, Vice President or Cashier Millstadt...................First National Bank of Millstadt.......................................... Chairman, President, Vice President or Cashier Mount Vernon.........First National Bank of Mt. Vernon...................................... Chairman, President, Vice President or Cashier Mulberry Grove.......The First National Bank of Mulberry Grove...................... President, Vice President or Cashier Nashville..................The Farmers and Merchants National Bank of Nashville Chairman, President, Vice President or Cashier Okavvville.................The First National Bank of Okawville................................ Chairman, President, Vice President or Cashier Okavvville.................The Old Exchange National Bank of Okawville............... Chairman, President, Vice President or Cashier 6 E l e c t io n o f D ir e c t o r s ^ N o m in a t io n P r o c e d u r e s G ro up 3 Pinckneyville........... First National Bank in Pinckneyville......................... President, Vice President or Cashier Red Bud....................First State Bank of Red B ud......................................... President, Vice President or Cashier Robinson..................First Robinson Savings Bank, National Association Chairman, President, Vice President or Cashier Sandoval................... The First National Bank of Sandoval......................... Chairman, President, Vice President or Cashier Sparta........................The First National Bank of Sparta.............................. President, Vice President or Cashier St. Elmo....................Fayette County Bank.................................................... Chairman, President, Vice President or Cashier St. Peter....................First State Bank of St. Peter......................................... Chairman, President, Vice President or Cashier Staunton...................The First National Bank in Staunton......................... Chairman, President or Cashier Steeleville.................First National Bank of Steeleville................................ Chairman, President, Vice President or Cashier Sumner..................... The First National Bank of Sumner........................... Chairman, President, Vice President or Cashier Vandalia.................... The First National Bank of Vandalia.......................... Chairman, President, Vice President or Cashier Waterloo................... The First National Bank of Waterloo......................... Chairman, President, Vice President or Cashier White Hall................The White Hall National B ank................................... Cashier W itt...........................Security National Bank................................................ President, Vice President or Cashier Xenia........................ The First National Bank of Xenia.............................. Chairman, President, Vice President or Cashier IN D IA N A City Name of Bank Authorized Signature Elberfeld.................. The Elberfeld State Bank.................................................................Chairman, President or Cashier English.....................Community First Bank................................................................... Chairman, President, Vice President or Cashier Jeffersonville............ New Covenant Trust Company, National Association............... Lynnville................. The Lynnville National Bank.........................................................President or Vice President O don........................The First National Bank of O don................................................. President, Vice President or Cashier KENTUCKY City Name of Bank Authorized Signature Bowling Green.........The Farmers National Bank of Scottsville .. President or Cashier Buffalo...................... Bank of Buffalo................................................ Chairman, President, Vice President or Cashier Campbellsville.........Campbellsville National Bank...................... Carrollton................ The First National Bank of Carrollton........ Chairman, President, Vice President or Cashier Central City............. The First National Bank of Central City..... Chairman, President, Vice President or Cashier Clinton..................... First National Bank in Clinton..................... Chairman, President, Vice President or Cashier Frankfort..................The Bankers' Bank of Kentucky, Inc............ Chairman, President, Vice President or Cashier Frankfort..................The State National Bank of Frankfort......... President Hardinsburg............ The Farmers Bank...................................... Chairman, President, Vice President or Cashier Harrodsburg............ The Lawrenceburg National Bank............... Chairman, President, Vice President or Cashier Hartford....................Citizens Bank................................................... Chairman, President, Vice President or Cashier Henderson............... Ohio Valley National Bank of Henderson... Chairman, President, Vice President or Cashier Hodgenville.............The Lincoln National Bank of Hodgenville Chairman, President, Vice President or Cashier Lebanon...................The Citizens National Bank of Lebanon..... President or Cashier 7 E l e c t io n o f D ir e c t o r s N o m in a t io n P r o c e d u r e s — G ro up 3 Lebanon..... .... The Farmers National Bank of Lebanon..... Chairman, President, Vice President or Cashier Louisville.... .... PRP National Bank.......................................... Chairman, President, Vice President or Cashier Radcliff.....................Fort Knox National Bank............................... Chairman, President, Vice President or Cashier Russell Springs....... The First National Bank of Russell Springs Chairman, President, Vice President or Cashier Russellville.............. The Citizens National Bank of Russellville. Chairman, President, Vice President or Cashier M IS S IS S IP P I City Name of Bank Authorized Signature Corinth.....................Commerce National Bank Chairman, President or Chief Financial Officer Rosedale.................. First National Bank........... Chairman, President, Vice President or Cashier M IS S O U R I City- Authorized Signature Name of Bank Altenburg................Peoples Bank of Altenburg....................................... Chairman, President, Vice President or Cashier Belgrade.................... Belgrade State Bank.................................................. Chairman Camdenton...............First National Bank................................................... Chairman, President, Vice President or Cashier Crane........................Stone County National Bank.................................. Chairman, President, Vice President or Cashier Fulton........................The Callaway Bank.................................................. Chairman, President, Vice President or Cashier Hannibal................... Farmers & Merchants Bank and Trust Company Chairman, President, Vice President or Cashier Hannibal.................. The Hannibal National Bank.................................. Cashier Hermann.................Bay-Hermann Berger Bank....................................... Chairman. President, Vice President or Cashier Hillsboro ... .... Bank of Hillsboro...................................................... Chairman, President, Vice President or Cashier Iberia....... .... Bank of Iberia............................................................. Chairman, President, Vice President or Cashier Kahoka.... ...Exchange Bank of Northeast M issouri................ Chairman, President, Vice President or Cashier Kennett.....................Kennett National Bank............................................ Chairman, President, Vice President or Cashier Louisiana. .. .... Bank of Louisiana..................................................... Chairman, President, Vice President or Cashier M alden.....................First National Bank of Malden................................ Chairman, President, Vice President or Cashier Maplewood.............. Citizens National Bank of Greater St. Louis........ Chairman, Vice Chairman. President. Vice President or Cashier Mexico..... .... The First National Bank of Audrain County....... Chairman, President, Vice President or Cashier Moberlv ... .... Bank of Cairo and Moberly..................................... Cashier Moberly....................City Bank and Trust Company of Moberly........... Chairman. President, Cashier or Assistant Cashier Mount Vernon.........The First National Bank of Mount Vernon........... Chairman, President, Vice President or Cashier Mountain Mew....... First National Bank................................................... Chairman, President, Vice President or Cashier New Haven..............Citizens Bank............................................................. Chairman, President, Vice President or Cashier P aris........... The Paris National Bank......................................... Chairman, President, Vice President or Cashier Perryville..................Chester National Bank of Missouri........................ Chairman, President, Vice President or Cashier Springfield C itizens National Bank ofSpringfield Chairman, President, Vice President or Cashier St. Louis .... Gateway National Bank of St. Louis St. Louis .. . ....Southern Commercial Bank.... ............. 8 Chairman, President. Vice President or Cashier E l e c t io n of D ir e c t o r s ^ N o m in a t io n P r o c e d u r e s G ro up 3 Ste. Genevieve........ Bank of Ste. Genevieve.......................................... Chairman, President, Vice President or Cashier Steelville...................First Community National Bank......................... Chairman, President, Vice President or Cashier Summersville...........Community Bank, N.A........................................... Chairman, President, Vice President or Cashier Tipton....................... The Tipton Latham Bank, National Association Chairman, President, Vice President, Cashier Troy.......................... Peoples Bank and Trust Co................................... or Secretary Warrenton............... The Missouri Bank................................................. Chairman, President, Vice President or Cashier Waynesville............. First State Bank of St. Robert................................ Chairman, President, Vice President or Cashier TEN N ESSEE City Name of Bank Authorized Signature Dyer...........................Bank ol Dyer..................................................................................... 9 E L E C T IO N Chairm an of the Board Federal Reserve Bank of St. Louis Post Office Box 442 St. Louis, M issouri 63166-0442 Certificate of Nomination for Class A Director Federal Reserve Bank of St. Louis Group No. 1 Chairman, Board of Directors Federal Reserve Bank of St. Louis At a meeting of the board of directors of the (CITY) (NAME OF BANK) (STATE) duly called and held on the__________________day o f _______________________, _____ on motion duly made and seconded, it was “RESOLVED, That _________________________________________________________ of whose occupation i s ___________________________________________________________ , be, and is hereby nominated as a candidate for director of Class A of the Federal Reserve Bank of St. Louis, and the officer whose name appears below is hereby authorized, empowered, and directed to certify this nomination to the Chairman of the Board of Directors of the Federal Reserve Bank of St. Louis, in accordance with the provisions of Section 4 of the Federal Reserve Act.” I hereby certify that the foregoing is a true and correct copy of IMPRINT a resolution of the Board of Directors of this bank duly BANK adopted on the date specified. SEAL HERE (SIGNATURE) (NAME AND TITLE OF OFFICER) 51-3 Rev. 7-01 E L E C T IO N Chairm an of the Board Federal Reserve Bank of St. Louis Post Office Box 442 St. Louis, M issouri 63166-0442 Certificate of Nomination for Class B Director Federal Reserve Bank of St. Louis Group No. 3 Chairman, Board of Directors Federal Reserve Bank of St. Louis At a meeting of the board of directors of the (CITY) (NAME OF BANK) (STATE) duly called and held on the__________________day o f _______________________, _____ on motion duly made and seconded, it was “RESOLVED, That _________________________________________________________ of whose occupation i s ___________________________________________________________ , be, and is hereby nominated as a candidate for director of Class B of the Federal Reserve Bank of St. Louis, and the officer whose name appears below is hereby authorized, empowered, and directed to certify this nomination to the Chairman of the Board of Directors of the Federal Reserve Bank of St. Louis, in accordance with the provisions of Section 4 of the Federal Reserve Act.” I hereby certify that the foregoing is a true and correct copy of IMPRINT a resolution of the Board of Directors of this bank duly Ba n k adopted on the date specified. SEAL HERE (SIGNATURE) (NAME AND TITLE OF OFFICER) 51-3 Rev. 7-01
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