Committed to a Strong and
Resilient Economy for All
Accountability and Oversight: Our Boards of Directors, Council Members and Bank Officers
The Federal Reserve Bank of St. Louis is one of 12 regional Reserve banks that, together with the Federal Reserve Board of Governors in Washington, D.C., make up the nation’s central bank. As part of the Federal Reserve System, the St. Louis Fed serves the Eighth Federal Reserve District, which includes all of Arkansas, most of Missouri, and parts of Illinois, Indiana, Kentucky, Mississippi and Tennessee.
The St. Louis Fed’s day-to-day activities are overseen by a nine-member independent board of directors. In addition to our head-office governance board, we have branch boards in Little Rock, Ark.; Louisville, Ky.; and Memphis, Tenn. Collectively, our directors contribute vital information about economic and credit conditions affecting businesses and communities across the region.
Carolyn Chism Hardy is president and CEO of Chism Hardy Investments LLC and Hardy Beverages.
“The St. Louis Fed works diligently to ensure the perspectives of the people we serve are reflected in the Bank’s annual goals and important work,” said Carolyn Chism Hardy, chair of the Bank’s board of directors. “The voices of people throughout the Eighth District are heard in monetary policy discussions at the Federal Open Market Committee table in Washington, D.C. The Fed listens, and as directors, we help to communicate Fed policy and actions to promote a greater shared understanding.”
The St. Louis Fed also has six advisory councils, whose members represent the different communities and industries of the Eighth District.
The links below list the St. Louis Fed’s leaders and advisers as of April 1, 2025, as well as retirees from our boards and advisory councils since our last annual report.