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Fifth Federal Reserve District Office Directors Appointed

    RICHMOND, Va., Jan. 18 /PRNewswire/ -- The Federal Reserve Board of
Governors and the Federal Reserve Bank of Richmond Board of Directors
appointed the following for three-year terms as directors for the Baltimore
and Charlotte Offices, effective Jan. 1, 2007:
    Baltimore Board of Directors

        Ron Blackwell -- chief economist, American Federation of Labor &
        Congress of Industrial Organizations, Washington, D.C. -- was
        appointed by the Board of Governors.

        James T. Brady -- managing director, Mid-Atlantic Ballantrae
        International, Ltd., Ijamsville, Md. -- was appointed by the Richmond
        Board of Directors.

        Michael L. Middleton -- chairman and president, Community Bank of Tri-
        County, Waldorf, Md. -- was reappointed by the Richmond Board of
        Directors.

    Charlotte Board of Directors

        Jim Lowry -- automotive consultant, High Point, N.C. -- was
        reappointed by the Board of Governors.

        Michael C. Miller -- chairman and president, FNB United Corp.,
        Asheboro, N.C. -- was reappointed by the Richmond Board of Directors.

        Donald K. Truslow -- chief risk officer, Wachovia Corp., Charlotte,
        N.C. -- was reappointed by the Richmond Board of Directors.
    The Boards of Directors of the Baltimore and Charlotte Offices of the
Federal Reserve Bank of Richmond each 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.


SOURCE Federal Reserve Bank of Richmond




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    Laura Fortunato, Media Relations of Federal
    Reserve Bank of Richmond, +1-804-697-8196