RICHMOND, Va., Jan. 18 /PRNewswire/ -- The Boards of Directors for the
Federal Reserve Bank of Richmond's Baltimore and Charlotte Offices elected
the following chairpersons for one-year terms effective Jan. 1, 2007:
Cynthia Collins Allner -- principal, Miles & Stockbridge P.C., Baltimore
-- was elected chairwoman of the Baltimore directors board. Allner has
been a director since 2003.
Jim Lowry -- automotive consultant, High Point, N.C. -- was re-elected
chairman of the Charlotte directors board. Lowry has been a director since
2001.
The boards of directors of the Baltimore and Charlotte Offices of the
Federal Reserve Bank of Richmond have seven members each. A majority of
each Office's directors are appointed by the board of directors of the
Richmond Reserve Bank and the remainder by the Board of Governors of the
Federal Reserve System. The chairmen of the boards of the Baltimore and
Charlotte offices are selected for one-year terms from among those
directors appointed by the Board of Governors.
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.
SOURCE Federal Reserve Bank of Richmond
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Related links:
http://www.richmondfed.org
CONTACT:
Laura Fortunato, Media Relations of Federal
Reserve Bank of Richmond, +1-804-697-8192
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