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ST. LOUIS — The Federal Reserve Bank of St. Louis announced the following appointment to its Louisville Branch board of directors.
Steven E. Trager, chairman and CEO of Republic Bank & Trust Company in Louisville, Ky., has been appointed to the Federal Reserve Bank of St. Louis' Louisville Branch board of directors for a three-year term. Trager is also a board member, committee member and chairman of the Kentucky Bankers Association, and a member of the boards of directors of Fund for the Arts, the Kentucky Hospital Association, the Louisville Bar Foundation and Leadership Kentucky.
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. The St. Louis Fed is one of 12 regional Reserve banks that, along with the Board of Governors in Washington, D.C., comprise the Federal Reserve System. As the nation's central bank, the Federal Reserve System formulates U.S. monetary policy, regulates state-chartered member banks and bank holding companies, and provides payment services to financial institutions and the U.S. government.
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