St. Louis Fed Names Poole New President

Brown University professor replaces Tom Melzer as president.

Interstate Branch Banking Progress Report

Interstate banking has affected a few areas in the District, including merger activity.

FHLB System Loans a Hand to District Banks

Community bankers are reporting increasing difficulty obtaining deposits, traditionally the major source of loan funding.

Feditorial: Rivlin Committee Supports Fed's Role

The Rivlin Committee concluded that the Fed should remain a provider of both check and ACH services and play a more active role in the payments system.

Fed Changing Fedline Platform to Windows NT®

The new software will offer several improvements over the current DOS-based software, including multitasking capabilities.

Fed's Switch to Triple DES Will Further Ensure Security

The switch will further protect data transmitted electronically between the Fed and financial institutions.

Payments Campaign Shifts to Direct Payment

The Fed will provide marketing materials for financial institutions that participate.

Regional Roundup

• '97 FCA Still Open for Enrollment
• Fed to Eliminate FLASH-Light Support
• Collateral Manual to Supplement Circulars

Fed Facts

• Uniform Cash Access Policy Coming in May
• Greenspan's Testimony Available on the Internet
• CDC Financial Institution Testing Begins in July

Please send comments or questions regarding Central Banker to
Stephen.P.Greene@stls.frb.org