For release: May 18, 2001
Contact: Charles B. Henderson, (314) 444-8311

Brown Joins St. Louis Fed's Memphis Branch

ST. LOUIS -- J. Allen Brown has joined the Memphis Branch of the Federal Reserve Bank of St. Louis as operations officer in charge of the cash, accounting, human resources and purchasing functions for the Branch. Previously, he was the financial services director for the New Orleans Branch of the Federal Reserve Bank of Atlanta.

A native of Memphis, Brown has a degree in business administration from Memphis State University.

With branches in Little Rock, Louisville and Memphis, the Federal Reserve Bank of St. Louis serves the Eighth Federal Reserve District, which includes all of Arkansas, eastern Missouri, southern Indiana, southern Illinois, western Kentucky, western Tennessee and northern Mississippi. In addition to serving as a bank for depository institutions and the U.S. government, each Reserve Bank monitors economic conditions in the District, participates in formulating monetary policy, and supervises state-chartered member banks and bank holding companies to foster safety and soundness of the District's banking and financial institutions and to protect the credit rights of consumers.