For release: Jan. 3, 2005

Contact:	Charles Henderson
	Office:	(314) 444-8311
	E-mail:	charles.b.henderson@stls.frb.org
	Mobile:	(314) 609-5972
	Pager:	(314) 538-9526
Online Press Room:		www.stlouisfed.org/news/press_room/contact.html

St. Louis Fed Promotes Francis, Price, Wilson and Yeager

St. Louis — The St. Louis Fed is pleased to announce the following promotions.

William M. Francis, Jr., has been promoted to assistant vice president. He oversees the security and protection functions for the St. Louis Fed and its branches in Louisville, Little Rock and Memphis. Prior to joining the Reserve Bank in 2002, he spent 32 years with the Federal Bureau of Investigation. Francis has a bachelor of science degree in psychology from St. Louis University.

James A. Price has been promoted to assistant vice president. Price supervises building and support services for the Eighth District. He joined the Reserve Bank in 1995 as a management analyst. He has a bachelor of science degree in business administration from Culver-Stockton College.

Glenda J. Wilson has been promoted to assistant vice president. Wilson supervises community affairs for the Reserve Bank and its branches. She joined the St. Louis Fed in 1972 as an assistant examiner. She has a bachelor of arts degree from Olivet Nazarene University in Kankakee, Ill., and a master of business administration degree from Southern Illinois University at Edwardsville, Ill.

Timothy J. Yeager, was promoted to officer. Yeager oversees the supervisory policy analysis unit of the St. Louis Fed's Banking & Supervision Division. The unit provides support and education for the Bank's examination staff, as well as research on policy issues regarding bank supervision. Yeager joined the Reserve Bank in 1997 as an associate economist. He has a bachelor's degree in economics from St. Louis University, and master's and doctoral degrees in economics from Washington University in St. Louis.

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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