Full text of Federal Reserve Bank of St. Louis Circulars : [Two Promotions and One New Appointment of Officers at the Memphis Branch]

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THE FEDERAL
* ' 7F BANK OF CLEVELAND

LIBRARY OF

F e d e r a l R e s e r v e B a n k o f S t . L o u is
P. O. BO X 4 4 2

S t. Lo u i s

6 6 , Misso u r i

November

27,

1959

T o A l l B a n k s in the
E ig h t h F e d e r a l R e s e r v e D i s t r i c t :

T h e B o a r d o f D i r e c t o r s o f th e F e d e r a l R e s e r v e B a n k o f
S t. L o u i s h a s p r o m o t e d tw o o f f i c e r s a n d a p p o in t e d o n e n e w o f f i c e r
a t th e M e m p h i s B r a n c h , e f f e c t i v e D e c e m b e r 1, 1 9 5 9 . T h e s e a r e
E . F r a n c is D e V o s , B e n ja m in B . M onaghan and John F . B r e e n , J r .
M r . D e V o s w a s a p p o in t e d V i c e P r e s i d e n t o f th e F e d e r a l
R e s e r v e B a n k o f S t. L o u i s a n d d e s i g n a t e d M a n a g e r o f th e M e m p h is
B r a n c h , e f f e c t i v e D e c e m b e r 1, 1 9 5 9 . H e s u c c e e d s M r . D a r r y l R .
F r a n c i s w h o s e a c c e s s i o n to th e p o s i t i o n o f F i r s t V i c e P r e s i d e n t o f
th e ban k b e c o m e s e f f e c t i v e o n th a t d a t e . M r . D e V o s h a s b e e n C a s h i e r
o f th e B r a n c h s i n c e S e p t e m b e r 1957 a n d a s s o c i a t e d w ith th e F e d e r a l
R e s e r v e B a n k o f S t. L o u i s s i n c e 1 9 2 0 . H e r e c e i v e d h i s f o r m a l e d u ­
c a t i o n in S t. L o u i s , l a t e r g r a d u a t in g f r o m th e G r a d u a te S c h o o l o f
B a n k in g a t R u t g e r s U n i v e r s i t y .
M r . M o n a g h a n , w h o h a s b e e n an a s s i s t a n t c a s h i e r o f the
M e m p h i s B r a n c h s i n c e J a n u a r y 1 9 5 7 , w a s p r o m o t e d to th e p o s i t i o n
o f C a s h i e r . H e j o i n e d th e B r a n c h s t a f f in 1 9 3 5 . M r . M o n a g h a n i s a
n a t i v e o f M e m p h i s . H e a t t e n d e d th e U n i v e r s i t y o f th e S o u th a n d i s a
g r a d u a t e o f th e C e n t r a l S t a t e s S c h o o l o f B a n k in g a t th e U n i v e r s i t y o f
W isc o n sin .
M r . B r e e n w a s a p p o in t e d a n A s s i s t a n t C a s h i e r o f th e B r a n c h .
H e a t t e n d e d th e U n i v e r s i t y o f T e n n e s s e e a n d M e m p h is S t a te C o l l e g e ,
w h e r e h e r e c e i v e d h i s B . S . d e g r e e in M a n a g e m e n t .




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