St. Louis Fed Promotes North, Smith and Stierholz

ST. LOUIS — The Federal Reserve Bank of St. Louis announced the following promotions.

Allen North was promoted to officer in the St. Louis Fed's Supervision & Regulation Division. He joined the Reserve Bank in 1993 as an assistant examiner trainee. He has a bachelor's degree in business administration from Murray State University.

Scott B. Smith was promoted to officer in the St. Louis Fed's Supervision & Regulation Division. He joined the St. Louis Fed in 1993 as a safety and soundness examiner. He has a bachelor's degree in journalism and a master's degree in business administration, both from the University of Missouri-Columbia.

Kristina Stierholz has relocated from the Federal Reserve Bank of Minneapolis to the St. Louis Fed and promoted to officer in the latter's Supervision & Regulation Division. She joined the Minneapolis Fed in 1999 as an attorney. Stierholz has a bachelor's degree from Washington University in St. Louis and a law degree from the University of Minnesota Law School.

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.

# # #