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Richmond Fed Appoints Branch Directors

    RICHMOND, Va., Jan. 6 /PRNewswire/ -- The Boards of Directors of the
Federal Reserve Bank of Richmond made the following appointments to the Boards
of Directors of the Bank's Baltimore and Charlotte Offices for
three-year terms beginning Jan. 1, 2004:

        Kenneth C. Lundeen -- president, C.J. Langenfelder & Son, Inc.,
        Baltimore, Md. -- was reappointed as a director of the Baltimore
        Office.  His first term began in September 2001.

        Michael L. Middleton -- president and chairman, Tri-County Financial
        Corporation and Community Bank of Tri-County, Waldorf, Md. -- was
        appointed as a director of the Baltimore Office.

        Michael C. Miller -- chairman and president, FNB Corp. and First
        National Bank & Trust Company, Asheboro, N.C. -- was appointed as a
        director of the Charlotte Office.

        Donald K. Truslow -- chief risk officer, Wachovia Corp., Charlotte,
        N.C. -- was appointed as a director of the Charlotte Office.

    The Boards of Directors of the Baltimore and Charlotte Offices of the
Federal Reserve Bank of Richmond have seven members.  A majority of each
Office's directors are appointed by the Boards of Directors of the Richmond
Reserve Bank and the remainder by the Board of Governors of the Federal
Reserve System.

    The Federal Reserve Bank of Richmond is one of 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