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Richmond Fed Directors Reappoint Federal Advisory Council Member

    RICHMOND, Va., Jan. 5 /PRNewswire/ -- Fred L. Green, III -- vice chairman,
Synovus Financial Corp., and chairman, The National Bank of South Carolina,
Columbia, S.C. -- was reappointed as the Fifth Federal Reserve District's
representative on the Federal Advisory Council for 2004. His first term began
in January 2003.
    The Federal Advisory Council, composed of a representative from each of
the 12 Federal Reserve Districts, confers periodically with the Board of
Governors of the Federal Reserve System on business conditions and issues
related to the banking industry. It also makes recommendations regarding
System policies. Representatives are selected annually by the board of
directors of each Reserve Bank.

    The Federal Reserve Bank of Richmond is one of the 12 District Reserve
Banks that together with the Board of Governors in Washington, D.C., make up
the Federal Reserve System. The Richmond Fed serves the Fifth Federal Reserve
District, which encompasses the District of Columbia, Maryland, North
Carolina, South Carolina, Virginia and most of West Virginia.

    Federal Reserve Bank of Richmond news releases can be found at
http://www.rich.frb.org


SOURCE Federal Reserve Bank of Richmond




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  • http://www.rich.frb.org
    CONTACT:
    Lisa Oliva of the Federal Reserve Bank of
    Richmond, +1-804-697-8192