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Election of directors N omination Procedures S eptember 10, 2002 — E le c t io n of D ir ec t o r s ^ N o m in a t io n P r o c e d u r e s — THE FEDERAL RESERVE BANK of ST. LOUIS 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. C lass A Director Lunsford W Bridges President and CEO Metropolitan National Bank Little Rock, Arkansas C lass B Director Joseph E. Gliessner, Jr. Executive Director New Directions Housing Corp. Louisville, Kentucky Mr. Bridges was elected by banks in Group 2 to a three-year term that expires December 31, 2002. He is eligible for reelection for a term that will expire December 31, 2005. His successor will be chosen by banks in Group 2, which consists of banks having capital and surplus of more than $4,300,000, but less than $55,000,000. Mr. Gliessner was elected by banks in Group 1 to a three-year term that expires December 31, 2002. He is not eligible for reelection. His successor will be elected for a term that will expire December 31, 2005. His successor will be chosen by banks in Group 1, which consists of banks having capital and surplus of $55,000,000 or more. 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 B director and each bank in Group 2 may nominate one candidate for Class A director. Limitations on eligibility for nomination for Class A and Class B directors are set forth below. The nominations must be made by resolu tion of the Board of Directors and certified to me on or before October 10, 2002. A form for this purpose is enclosed. On October 25, 2002, a list of the candidates (including 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 — E l e c t io n o f D ir ec t o r s ^ N o m in a t io n P r o c e d u r e s — October 29, 2002, and close at 2 p.m. on November 13, 2002. 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 m ust 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 that has not designated an officer, or officers, for the purpose of signing the ballot, or any bank that desires to change its autho rization, 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 will be furnished upon request. While the banks in Group 3 will not vote in this election, this circular is sent to them without forms, for their information. Group 3 consists of member banks with combined capital and surplus of $4,300,000 or less. Charles W. Mueller Chairman of the Board September 10, 2002 *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 ec t o r s ^ N o m in a t io n P r o c e d u r e s — LIMITATIONS ON 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 concerning 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 interests 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 eligible 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 that might be interpreted as associating the Federal Reserve with any political party or political activity is inconsis tent 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 similarly is inconsistent with service as a Bank director. Questions about eligibility to serve should be directed to the Secretary of the Bank. 3 — Election of D irectors # G roup N omination Procedures — Consisting of member banks having capital and surplus of $55 million or more 1 ARKANSAS City Authorized Signature Name of Bank Fayetteville............. .Arvest Bank...................................................................... ................ Chairman, President, Vice President or Cashier INDIANA City Authorized Signature Name of Bank Evansville................ .Integra Bank, National Association............................. ................ 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, Vice Chairman, President or Treasurer 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 of Kentucky.................................. ............... Chairman, President, Executive Vice President or Secretary MISSISSIPPI City Authorized Signature Name of Bank Starkville................. .National Bank of Commerce of Mississippi................ ............... Chairman, Chairman of Executive Committee, President, Vice President or Cashier MISSOURI City Authorized Signature Name of Bank Creve C oeur........... .First Bank......................................................................... ................Chairman or President TENNESSEE City Name of Bank Authorized Signature M emphis..................First Tennessee Bank NationalAssociation, M emphis................Chairman, President, Executive Vice President or Cashier M em phis..................National Bank of Commerce........................................................... Chairman, President, Vice President or Cashier M emphis..................Union Planters Bank, National Association.................................Chairman, President, Vice President or Cashier 4 — E l e c t io n of D ir e c t o r s ^ G roup 2 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 more than $4.3 million, but less than $55 million ARKANSAS City Authorized Signature Name of Bank Ash F lat.................... First National Bank of Sharp County.................. Chairman, President, Vice President or Cashier Bentonville..............Arkansas National Bank.......................................... Chairman, President, Vice President or Cashier Blytheville................The First National Bank in Blytheville................ Chairman, President, Vice President or Cashier Conway.....................First Community Bank............................................ Chairman, Vice Chairman, President, Vice President, El Dorado.................First Financial Bank................................................ Chairman or Chief Executive Officer Fayetteville.............. Bank of Arkansas, National Association.............. Chairman or President Fayetteville...............The Bank of Fayetteville, National Association.. Chairman, President, Vice President or Cashier Fort Smith................The First National Bank of Fort Smith................ Chairman, President, Vice President or Cashier Helena...................... First National Bank of Phillips County............... Chairman, Vice Chairman, President, Vice President Hope..........................The First National Bank of Hope.......................... Chairman, President, Vice President or Cashier Cashier or Secretary or Cashier Hot Springs............. First National Bank................................................. Chairman, President, Vice President or Cashier Jonesboro.................MidSouth Bank........................................................ Chairman, President, Vice President, Cashier Little Rock...............Arkansas Bankers’ Bank.......................................... President or Chief Executive Officer Little Rock................Metropolitan National Bank.................................. President Little Rock................One Bank and Trust, National Association......... Chairman, President, Vice President or Cashier Little Rock................Pulaski Bank and Trust Com pany........................ Chairman, President, Vice President or Cashier Little Rock................The Capital Bank..................................................... Chairman, President, Senior Vice President North Little Rock ....National Bank of Arkansas in North Little Rock Chairman, President, Vice President or Cashier Pine Bluff..................Pine Bluff National B an k ....................................... Chairman, Secretary, President, Vice President Pine Bluff..................Simmons First National Bank of Pine Bluff........ Chairman, President, Vice President or Cashier R ogers...................... Bank of Rogers......................................................... Chairman, President, Vice President or Cashier Russellville...............Simmons First Bank of Russellville..................... Chairman, President, Vice President or Cashier Searcy....................... Simmons First Bank................................................. Chairman, President, Vice President or Cashier Springdale............... The First National Bank of Springdale................ Chairman, President, Vice President or Cashier Wynne...................... The First National Bank of Wynne....................... President Yellville.....................The Bank of Yellville............................................... Chairman, President, Vice President or Cashier or Cashier ILLINOIS City Name of Bank Authorized Signature Chester.................... Chester National Bank......................................................................Chairman, President, Vice President, Cashier or Chief Executive Officer Effingham................Effingham State Bank........................................................................Chairman, President, Vice President, Cashier or Assistant Cashier Fairfield................... The Fairfield National B an k ............................................................Chairman, President, Vice President or Cashier 5 — Election of D irectors ^ N omination Procedures — G roup 2 Hillsboro..................National Bank...................................................................................President, Vice President or Cashier McLeansboro...........The Peoples National Bank of McLeansboro.............................. Chairman, President, Vice President or Cashier Metropolis............... Community National Bank............................................................ Chairman, President, Vice President or Cashier Nokomis...................First National Bank of Nokom is................................................... Chairman, President, Vice President or Cashier Olney........................ First Community Bank................................................................... Chairman, President, Vice President or Cashier Olney........................ First National Bank in Olney.........................................................Chairman, President, Vice President or Cashier Quincy......................First Bankers Trust Company, National Association................. Chairman, President, Vice President or Cashier Raymond................. The First National Bank of Raymond...........................................Chairman, President, Vice President or Cashier Teutopolis................ Teutopolis State Bank...................................................................... President or Cashier INDIANA City Authorized Signature Name of Bank Corydon.................. Community First Bank............................... Chairman, President, Vice President or Cashier Evansville................Bank of Evansville, National Association New Albany............. Hometown National Bank......................... Chairman, President, Vice President or Cashier New Albany............. National City Bank of Southern Indiana . Chairman, President, Vice President or Cashier Scottsburg................The Scott County State Bank..................... Chairman, President, Vice President or Cashier KENTUCKY City Name of Bank Authorized Signature Columbia..................The First National Bank of Columbia........... Chairman, President, Vice President or Cashier Danville....................The Farmers National Bank of Danville....... President, Vice President or Cashier Elizabethtown.........Kentucky National Bank.................................. Chairman, President, Vice President or Cashier Henderson............... Henderson National Bank................................ Chairman, President, Vice President or Cashier Leitchfield............... Leitchfield Deposit Bank & Trust Company Chairman, President, Vice President or Cashier Louisville..................PRP National Bank............................................ Chairman, President, Vice President or Cashier Mayfield...................The First National Bank of Mayfield............. Chairman, President, Vice President or Cashier MISSISSIPPI City Name of Bank Authorized Signature Clarksdale............... First National Bank of Clarksdale..... Chairman, President, Vice President or Cashier Iuka...........................First American National Bank........... Chairman, President, Vice President or Cashier Oxford......................The First National Bank of Oxford... Chairman, President, Vice President or Cashier Pontotoc.................. The First National Bank of Pontotoc Chairman, President, Vice President or Cashier 6 — E le c t io n of D ir ec to r s N o m in a t io n P r o c e d u r e s G roup 2 MISSOURI City Name of Bank Authorized Signature Bridgeton..................Cass Commercial Bank......................................... Chairman, President or Vice President Clayton..................... First National Bank of St. Louis........................... Chairman, President, Vice President or Cashier Columbia..................First National Bank and Trust Company............ Chairman, President, Vice President or Cashier Columbia..................The Boone County National Bank of Columbia Chairman, President, Vice President or Cashier D ixon....................... Mid America Bank & Trust Company................ Chairman, President, Vice President or Cashier Gainesville...............Century Bank of the O zarks................................. Chairman, President, Vice President or Cashier Jefferson City.......... Midwest Independent Bank.................................. Chairman, President, Vice President or Cashier Jefferson City........... The Exchange National Bank of Jefferson City . Chairman, President, Vice President or Cashier Lemay....................... Midwest BankCentre.............................................. President or Vice President Mountain View........First National Bank................................................. Chairman, President, Vice President or Cashier Sikeston....................Montgomery First National Bank........................ Chairman, President, Vice President or Cashier Springfield...............Metropolitan National Bank.................................. Chairman, President, Vice President or Cashier Springfield...............Old Missouri National Bank................................. Chairman, President, Vice President or Cashier St. Louis................... Lindell Bank & Trust Company............................ President, Executive Vice President or Vice President St. Louis County.... Truman B ank........................................................... Chairman, President, Vice President or Cashier Ste. Genevieve.........Bank of Ste. Genevieve......................................... Chairman, President, Vice President or Cashier West Plains.............. Community First National Bank of West Plains Chairman, President, Vice President or Cashier TENNESSEE City Name of Bank Authorized Signature Collierville..............BankTennessee............................................ Chairman, President, Vice President or Cashier Dyersburg.................First Citizens National Bank.................... Chairman, President, Senior Vice President, Vice President or Cashier Jackson.................... The Bank of Jack son ................................... Lexington................Community National Bank of Tennessee Chairman, President, Vice President or Cashier M em phis.................EFS National Bank...................................... Chairman M em phis.................Enterprise National Bank........................... Chairman, President, Vice President or Cashier 7 ELECTION 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. 2 Chairman, Board of Directors Federal Reserve Bank of St. Louis At a meeting of the board of directors of the_________________________ (NAME OF BANK) (CITY) (STATE) duly called and held on the___________________ day o f __________________ , _____ , on motion duly made and seconded, it was “ RESOLVED, T h a t___________________________________________________________ _ 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.” im p r in t ! [ BANK SEAL HERE J I hereby certify that the foregoing is a true and correct copy of a resolution of the Board of Directors of this bank duly adopted on the date specified. (SIGNATURE) (NAME AND TITLE OF OFFICER) 051-3 REV. 7-99 ELECTION Chairman of the Board Federal Reserve Bank of St. Louis Post Office Box 442 St. Louis, Missouri 63166-0442 Certificate of Nomination for Class B 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_________________________ (NAME OF BANK) (CITY) (STATE) duly called and held on the____________________day o f __________________ , on motion duly made and seconded, it was “ RESOLVED, T h at____________________________________________________ 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.” im p r in t ! [ BANK SEAL HERE J j I hereby certify that the foregoing is a true and correct copy of a resolution of the Board of Directors of this bank duly adopted on the date specified. (SIGNATURE) (NAME AND TITLE OF OFFICER) 051-3 REV. 7-99
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