Ransdell and Trager Reappointed to St. Louis Fed's Louisville Branch Board

1/29/2008

LOUISVILLE, Ky. — Dr. Gary A. Ransdell, president of Western Kentucky University in Bowling Green, Ky., has been reappointed to a three-year term on the board of directors of the Louisville Branch of the Federal Reserve Bank of St. Louis, and will serve as chair of the Branch board. Ransdell is also a member of the board of directors of the Intermodal Transportation Authority, the Regional Advisory Board of BB&T Bank, and the executive committee of the Sun Belt Conference.

Steven E. Trager, chairman and CEO of Republic Bank and Trust Company in Louisville, has been reappointed to a three-year term on the board of directors of the St. Louis Fed's Louisville Branch. He is also a member of the board of directors of Jewish Hospital & St. Mary's HealthCare, the board of overseers of the University of Louisville, and the board of directors of 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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