For release: Aug. 23, 2002
Contact: Charles B. Henderson (314) 609-5972 (cell)

St. Louis Fed Promotes Freeman to Officer

St. Louis — The Federal Reserve Bank of St. Louis promoted Kathy A. Freeman to financial management officer. Freeman is responsible for budgeting for the Fed's Eighth District, management reporting, cost accounting, procurement and special projects. She joined the St. Louis Fed in 1999 as a project manager in the Financial Management Department.

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.

# # #