For release: Feb. 6, 2002
Contact: Charles B. Henderson, (314) 444-8311

Brooks, Martin Appointed to St. Louis Fed's Louisville Branch Board

ST. LOUIS -- The Federal Reserve Bank of St. Louis announced the following changes to its Louisville Branch board of directors:

David H. Brooks, chairman and CEO of Stock Yards Bank & Trust Co. of Louisville, has been appointed to a three-year term on the Louisville Branch board of directors by the board of directors of the Federal Reserve Bank of St. Louis. Brooks is also chairman of the board of Housing Partnership Inc. In addition, he has served as a member of the boards of directors of the Salvation Army Advisory Board, the Boy Scouts and the Fund for the Arts.

The Board of Governors of the Federal Reserve System in Washington, D.C., appointed Cornelius A. Martin, president and CEO of Martin Management Group in Bowling Green, Ky., to a three-year term on the board of directors of the Louisville Branch of the St. Louis Fed. Martin Management Group owns and operates automobile dealerships in Kentucky, Ohio, West Virginia, Iowa and California. Martin is also the chairman of the finance and budget committee of the board of regents of Western Kentucky University, a board member of Wright State University Foundation and vice president of the South Central Kentucky Minority Economic Development Council. He is a recipient of the 2002 Time Magazine Quality Dealer Award.

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.

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