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Regional Roundup

Saturday, January 1, 2000

Readers Share Their Opinions of Central Banker

The last issue of Central Banker (CB) included a readership survey. Although the response rate was low, we thank those of you who shared your opinions with us.

Asked which CB topics were most valuable, most survey respondents favored banking industry news, followed by updates on regulatory policies and economic research. Respondents also found CB timely, readable and sufficient in length and were satisfied with the amount of detail in the articles.

While many readers receive other St. Louis Fed publications, those who completed the survey reported little or no overlap in content. We were also pleased to learn that most shared CB with other staff members.

This feedback will help us as we consider several changes in the publication next year, including a redesign and electronic distribution alternatives.

New Community Profiles Available

The St. Louis Fed has published two new community profiles. The first, Community Investment Opportunities, Hannibal-Quincy Region, looks at investment opportunities in the area of Hannibal, Mo. and Quincy, Ill. The Arkansas Resource Catalog and Investment Opportunities Profile is a statewide directory of resources produced in conjunction with the Arkansas Department of Rural Services.

Community profiles are designed to encourage financial institutions to participate in the local, state and national programs available to enhance affordable housing and small business development. Each profile describes regional demographics, development issues and opportunities for public or private partnerships.

For copies of the Hannibal-Quincy profile, call Linda Aubuchon at (314) 444-8761. To request the Arkansas profile, call Tiffany Guynes at (501) 324-8240.

TIP and PATAX Rollout a Success

On Oct. 23, the St. Louis Fed and the U.S. Treasury marked an important accomplishment--successfully implementing the Treasury Investment Program (TIP) and the Paper Tax System (PATAX). These new software applications improve the Treasury's ability to manage the more than $2 trillion in tax collections it receives annually through corporate tax payments from approximately 10,000 U.S. banks.

TIP and PATAX took roughly five years to develop and required months of extensive testing and customer education before being rolled out. The St. Louis Fed will continue to support the applications through the new National TT&L Customer Service Area and PATAX Voice Response System.