December 22, 2014 7:03 AM ET


Company Overview of Federal Reserve Bank Of St. Louis

Company Overview

Federal Reserve Bank Of St. Louis operates as a regional reserve bank in the United States. The company engages in conducting monetary policy and operating the payment system the United States. It also involves in supervising and regulating banking institutions, supervision of consumer affairs and CRA, providing credit to the banking system, and payment risk management activities. In addition, the company promotes stable prices and economic growth, provides payment services to financial institutions, and supports the U.S. treasury's financial operations. Federal Reserve Bank Of St. Louis was founded in 1914 and is based in St. Louis, Missouri with branches in Little Rock, Arkansas; Louisvill...

411 Locust Street

St. Louis, MO 63102

United States

Founded in 1914





Key Executives for Federal Reserve Bank Of St. Louis

Chief Executive Officer and President
Age: 53
Chief Financial Officer and Vice President
Chief Operating Officer and First Vice President
President of Research Division
Chief Information Officer and Vice President
Compensation as of Fiscal Year 2014.

Federal Reserve Bank Of St. Louis Key Developments

Federal Reserve Bank of St. Louis Announces Executive Appointments

Federal Reserve Board announced that George Paz, Chairman and Chief Executive Officer, Express Scripts, St. Louis, Missouri, named Chair of Federal Reserve Bank Of St. Louis and Rakesh Sachdev, President and Chief Executive Officer, Sigma-Aldrich Corporation, St. Louis, Missouri, named Deputy Chair of Federal Reserve Bank Of St. Louis.

John D. Haynes Sr. and Kirk Bailey Join on St. Louis Fed's Community Depository Institutions Advisory Council

John D. Haynes Sr., president and CEO of Farmers & Merchants Bank, was recently appointed to a three-year term to the St. Louis Fed's Community Depository Institutions Advisory Council (CDIAC), which meets twice a year to advise St. Louis Fed President James Bullard on regional credit, banking and economic conditions. Kirk Bailey, CEO of Magna Bank in Memphis, is also serving on the CDIAC in 2014.

Federal Reserve Bank of St. Louis Announces Earnings Results for the First Quarter Ended March 31, 2014

Federal Reserve Bank Of St. Louis announced earnings results for the first quarter ended March 31, 2014. The bank reported that net income at 86 banks totaled $122 million in the quarter ended March 31, compared with net income of $121 million at 85 banks in the quarter last year. Take away the year-over-year increase in profit at Scottrade Bank and Stifel Bank & Trust, and combined profit at the other banks declined just over $8 million.

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