St. Louis fed names 13 to Advisory Council

Arkansas Business, Oct 29, 2007

The Federal Reserve Bank of St. Louis has created a Community Development Advisory Council and named executives from 13 organizations that represent nonprofits, financial institutions, universities, government and foundations throughout the Eighth Federal Reserve District. Three are from Arkansas.

The council will meet twice annually. Council members will serve a three-year term.

"We created this council to build a dependable line of communication regarding community development issues throughout the Fed's Eighth District," said William Poole, president and CEO of the St. Louis Fed. "The members will complement the information developed through outreach by our Community Affairs staff."

The executives from Arkansas who have been appointed are:

* Leslie Lane, vice president, Arkansas Capital Corporation Group and senior vice president, Arkansas Economic Acceleration Foundation, Little Rock.;

* Ben Steinberg, president, Southern Financial Partners, Helena.; and

* Stephanie Streett, executive director, William J. Clinton Presidential Foundation, Little Rock;

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.