For release: Jan. 29, 2004

Pfau Reappointed, Guess Appointed to St. Louis Fed's Louisville Branch Board

St. Louis — Norman E. Pfau, Jr., president and CEO of Geo. Pfau's Sons Company, Inc., in Jeffersonville, Ind., has been reappointed by the Board of Governors of the Federal Reserve System to the board of directors of the Louisville Branch of the Federal Reserve Bank of St. Louis. Pfau is also chairman of the board of the Indiana Manufacturers Association, director of the Jeffersonville Enterprise Zone, a member of the steering committee of the Regional Leadership Coalition and the INAAP Reuse Authority.

Gordon B. Guess, president and CEO of The Peoples Bank in Marion, Ky., has been appointed by the St. Louis Fed's board of directors to the Reserve Bank's Louisville Branch board. He is also a member of the boards of directors of the West Kentucky Industrial Foundation, the Crittenden County Economic Development Corporation and the Bluegrass Bankers of 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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