View original document

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

Fedb, di Reserve Bank
of St. Louis

News Release

St. Louis, Missouri 63166
Telephone 314 / 444-8444

78-50

FOR FURTHER INFORMATION
CONTACT - Ruth A. Bryant
314-444-8311

FOR IMMEDIATE RELEASE

St. Louis, Mo. (December 28, 1978) -- The Federal Reserve Bank
of St. Louis has announced the appointment of 10 directors to the boards of its
branch offie es in Little Roe k, Arkansas, Louis ville, Kentucky and Memphis,
Tennessee.
The announcement was made today by Armand C. Stalnaker, chairman
of the St. Louis Federal Reserve board of directors,

Six of the directors were

appointed by the Federal Reserve System Board of Governors, and four were
named by the St. L_ouis board of directors, each to serve a three-year term of
office.
Those appointed by the board of the St. Louis Fed are:

Little Rock

board - Gordon E. Parker, president and chief executive officer of the First
National Bank, El Dorado, Arkansas; Louisville board - Fred B. Oney, president
of the First National Bank of Carrollton, Kentucky; Memphis board - Bruce E.
Campbell, Jr., chairman of the board and president of the National Bank of
Commerce in Memphis, Tennessee, and Stallings Lipford, president of
First-Citizens National Bank of Dyersburg, Tennessee.
Appointed by the Board of Governors are:

Little Rock board -

Shirley J. R. Pine, professor in the Communicative Disorders Program and


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

(more)

-

2

-

Special Assistant to the Chancellor for University-wide Planning at the
University of Arkansas-Little Rock, and George L. Kelley, president of
Pickens-Bond Construction Co. in Little Rock; Louisville board - Sister
Eileen M. Ega n, S. C. N., president of Spalding College in Louisville, Kentucky,
and Dr. W endell G. Rayburn, dean of University College at the University of
Louisville, Kentucky; Memphis board - Benjamin P. Pierce, president of
Tyrone Hydraulics, Inc. of Corinth, Mississippi, and Dr. Walter L. Walker,
president of LeMoyne-Owen College in Memphis, Tennessee.
Mr. Kelley was originally named to the Little Rock Branch board
in 1975 and has served as its chairman for the past year.

Stallings Lipford

and Fred B. Oney also are serving a second term of office.
Dr. Walker is completing the term of Robert E. Healy, who resigned
his directorship in June, 1978, to assume a position in New York City.

Dr.

Walker's term continues through December 1979.
The Federal Reserve Bank of St. Louis is one of 12 regional Federal
Reserve Districts and performs regulatory and supervisory functions for banks
in all or portions of seven states.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Its headquarters are located in St. Louis.