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LOUISVILLE, Ky. — The Federal Reserve Bank of St. Louis announced the following changes to its Louisville Branch board of directors.
John C. Schroeder, president of Wabash Plastics Inc. in Evansville, Ind., has been appointed to fill the unexpired portion of a three-year term on the board of directors of the Federal Reserve Bank of St. Louis' Louisville Branch. Schroeder is also a member of the boards of trustees of the University of Evansville and Wabash College and the board of directors of the Evansville Regional Business Committee.
L. Clark Taylor Jr., CEO of Ephraim McDowell Health in Danville, Ky., has been reappointed to a three-year term on the board of directors of the St. Louis Fed's Louisville Branch. Taylor is also chair of the Cumberland District of the Kentucky Hospital Association and a fellow of the American College of Healthcare Executives.
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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