For release: Feb. 7, 2002
Contact: Charles B. Henderson, (314) 444-8311

Crawley, Davis Reappointed to St. Louis Fed's Little Rock Branch Board

ST. LOUIS -- The Little Rock Branch of the Federal Reserve Bank of St. Louis announced the following changes to its board of directors:

The Board of Governors of the Federal Reserve System in Washington, D.C., re-appointed Vick M. Crawley, plant manager for Baxter Healthcare Corporation in Mountain Home, Ark., to a three-year term on the Little Rock Branch board. Crawley is also a member of the boards of directors of the development foundations for Baxter Regional Medical Center and Arkansas State University at Mountain Home, and serves as a commissioner for Baxter Regional Airport.

The board of directors of the St. Louis Fed re-appointed Lawrence A. Davis, Jr., chancellor of the University of Arkansas at Pine Bluff, to three-year term on Little Rock Branch board. Lawrence also serves as a member of the boards of directors of the Jefferson Regional Medical Center, the Southern Regional Education Board, and the Jefferson County Industrial Foundation Alliance.

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. In addition to serving as a bank for depository institutions and the U.S. government, each Reserve Bank monitors economic conditions in the District, participates in formulating monetary policy, and supervises state-chartered member banks and bank holding companies to foster safety and soundness of the District's banking and financial institutions and to protect the credit rights of consumers.

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