BALTIMORE, April 14 /PRNewswire/ -- The Federal Reserve Bank of Richmond
has named Dave Beck senior vice president and branch manager of the Baltimore
Office. In his new role, Beck oversees the District's check services and
business development activities and all the Office's support functions, and
joins the Bank's senior management team. Beck has been interim branch manager
since late 2004 when his predecessor Senior Vice President William J.
Tignanelli left the post to become regional check manager for the Federal
Reserve System's Retail Payments Office.
"Dave will help expand the Bank's outreach activities and enhance
community relationships in the Baltimore region," said Bank President Jeffrey
Lacker. "Additionally, Dave's knowledge and experience in check operations is
an asset and will be invaluable in leading our check function."
Beck joined the Baltimore Office as a budget and expense coordinator in
1984, and has held management positions in accounting, data services and cash
services. He was named operations officer in 1995 and assistant vice president
in 1996. In 1999, Beck became vice president with responsibility for cash and
fiscal services, payment services and check processing. He has had leadership
responsibilities for the District's check processing function since 2001.
A native of Manassas, Va., Beck received a bachelor of science degree in
business administration from the University of Richmond and a master's degree
in business administration and finance from Baltimore's Loyola College. He
also is a graduate of the Maryland Banking School. Beck lives in Ellicott
City, Md., with his wife Cecilia. The couple's son, Jeffrey, is a freshman
student at Virginia Polytechnic Institute and State University in Blacksburg,
Va.
The Federal Reserve Bank of Richmond is one of 12 Reserve Banks that
together with the Board of Governors in Washington, D.C. make up the Federal
Reserve System. The Richmond Fed is the headquarters for the Fifth Federal
Reserve District, which includes 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.rich.frb.org
CONTACT: Lisa Oliva, +1-804-697-8192, or Laura Fortunato, +1-804-697-8196, both of the Federal Reserve Bank of Richmond
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