
Summer 1997
News and Views
for
Eighth District Bankers
New $50 Bill to Roll Out Soon
The Treasury Department will introduce a redesigned $50 note with enhanced
security features this fall.
Feds Form Electronic Partnership
Three Federal Reserve Banks and the Mid-America Payment Exchange form
an alliance to increase awareness and use of electronic payments.
Feditorial:
Reports of the Death of Banks Are
Exaggerated
W. LeGrande Rives, first vice president of the St. Louis Fed, comments
on the challenges depository institutions face in the future.

Electronic Directions
A CB series covering electronic payment forms and the Fed's
efforts to promote them over paper-based methods.
This issue discusses why electronic data interchange (EDI) is an acronym
that bankers no longer can afford to ignore.
Key EDI Terms
Regional
Roundup
- Automated Adjustments System Implemented
- Fedline Advices Altered
- New Contingency Service Available
- Accounting Contact Changes
- Little Rock Branch Names New Office
Accounting for the Growth of Credit
Card Debt
Credit card debt in American households is on the rise. But which households
are contributing more to this growth, lower- or upper-income? St. Louis
Fed economist Peter Yoo explains.
Fed Facts
- Community Affairs Revamps, Renames Newsletter
- New Publication Lists Applications, Notices
- New Annual Report Online
Please send comments or questions regarding Central Banker
to
Stephen.P.Greene@stls.frb.org
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