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i {Dijiipy n t T u t
LtunH n I Ui
i Hi. c LyCiwiL
RESERVE BANK OF CLEVELAND
F e d e r a l R e s e r v e B a n k of St. L o u i s
P r e s s R e l e a s e (Official A n n ouncem en t)
F o r i m m e d i a t e r e l e a s e D e c e m b e r 21 ,
1955
M r . G. O li n H o l l o c h e r , A s s i s t a n t V i c e P r e s i d e n t of the F e d e r a l
R e s e r v e B a n k of St. L o u i s , h a v in g r e a c h e d r e t i r e m e n t a g e , w i l l r e t i r e on
J a n u a r y 1, 1956 a f t e r h a v in g c o m p l e t e d o v e r 39 y e a r s of s e r v i c e w i t h the bank.
D u r in g that t i m e v a r i o u s f u n c t i o n s of the b a n k h a v e c o m e u n d e r h i s s u p e r v i s i o n
a s C o n t r o l l e r in 192 8, A s s i s t a n t C a s h i e r i n 1 93 7, an d A s s i s t a n t V i c e P r e s i d e n t
in 194 3, the p o s i t i o n he n o w h o l d s .
M r . P a u l S a l z m a n h a s b e e n a p p o i n t e d b y the B o a r d o f D i r e c t o r s a s an
A s s i s t a n t V i c e P r e s i d e n t of the bank, e f f e c t i v e J a n u a r y 1, 1 95 6.
Mr. Salzm an
j o i n e d the s t a f f of th e F e d e r a l R e s e r v e B a n k of St. L o u i s i n 1931, m o s t of h i s
t i m e h a v in g b e e n s p e n t in th e A ud it a n d A c c o u n t i n g D e p a r t m e n t s .
He h a s b e e n
M a n a g e r of the l a t t e r d e p a r t m e n t s i n c e M a y 1952 a n d u n d e r h i s n e w a p p o i n t m e n t
w i l l r e t a i n s u p e r v i s i o n of th at f u n c t i o n .
H e i s a g r a d u a t e of the A m e r i c a n
I n s t i t u t e of B a n k i n g and of the C e n t r a l S t a t e s S c h o o l of B a n k i n g at the U n i v e r s i t y
of W i s c o n s i n .
@FedFRASER