Full text of Federal Reserve Bank of St. Louis Circulars : [Letter and Press Release Regarding Results of Election]

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

Fe d e r a l R e s e r v e Ba n k

of

S t. L o u i s

P. 0. BOX 442

S t . L o u is , Mis s o u r i 6 3 1 6 6

S eptem ber 15, 1970

T o A l l Banks in the
Eighth F e d e r a l R e s e r v e D is t r ic t :

The B o a rd of D ir e c t o r s of the F e d e r a l R e s e r v e
Bank o f St. Louis has announced the appointment,
e ffe c t iv e Sep tem b er 10, 1970, of M r . Wayne W. P yeatt,
M em p h is, T en n e s s e e , as a d ir e c t o r o f the M em phis
Branch of the F e d e r a l R e s e r v e Bank o f St. Louis fo r the
unexpired p ortion of a t e r m ending D e c e m b e r 31, 1972.
M r . P y e a tt is P r e s id e n t of the N ational Bank of
C o m m e r c e , M em p h is, T e n n e s s e e . A s a d ir e c t o r of the
M em phis Branch, he succeeds M r . L e w is K. M c K e e , who
re s ig n e d August 18, 1970.

D A R R Y L R. F R A N C IS
P r e s id e n t

Press Information
Federal Reserve Bank of St. Louis
St. Louis, Missouri 63166

FO R IM M E D IA T E R E LE A S E

Sep tem b er 15, 1970

Wayne W. P y e a tt, M em p h is, T en n e s s e e , has been appointed a
d ir e c t o r of the M em p h is Branch of the F e d e r a l R e s e r v e Bank of St. Louis
fo r the unexpired p ortion of a t e r m ending D e c e m b e r 31, 1972.

His

appointment, e ffe c t iv e Sep tem b er 10, 1970, was made by the B oard of
D i r e c t o r s of the F e d e r a l R e s e r v e Bank o f St. L o u is.

He succeeds L e w is

K. M c K e e , who re s ig n e d August 18, 1970, as a d ir e c t o r of the M em phis
Branch.
A native of P r a i r i e G ro v e , A rk a n s a s , M r .

.
M r.

P y e a tt attended

He s e r v e d with the U. S. N a vy 1942-46,

P yea tt is P r e s id e n t and a D ir e c t o r of the National Bank of

C o m m e r c e , M em p h is, T en n e s s e e .

A c t iv e in m any c iv ic o rg a n iza tio n s, he

a lso s e r v e s as a D ir e c t o r o f the F i r s t National Bank, S e a rc y , A rk a n sa s,
and is im m e d ia te past p re s id e n t of the M em phis Chapter, F in an cial
E x e c u tiv e s Institute.
The Branch Boards con sist o f seven m e m b e r s , four of whom
a re appointed b y the F e d e r a l R e s e r v e Bank o f St. L ou is and th ree by the
B oard of G o v e rn o rs in Washington, D. C.




- end -