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St. Louis Fed Memphis Branch Announces Changes to Board of Directors

For more information contact: the Federal Reserve Bank of St. Louis or  Diana Fedinec at 901.333.4247 or dfedinec@southwest.tn.edu.

The Federal Reserve Bank of St. Louis has announced the following changes to its Memphis Branch board of directors, effective Jan. 1:

Tracy D. Hall, president of Southwest Tennessee Community College in Memphis, Tenn., has been elected board chair for 2024 by the Branch board of directors. She has served on the board since 2022.

Jeff Agee, chairman and CEO of First Citizens National Bank in Dyersburg, Tenn., has been reappointed by the St. Louis Fed board of directors to a three-year term. He has served on the board since 2021.

Henry N. Reichle Jr., president and CEO of Staple Cotton Cooperative Association (Staplcotn) in Greenwood, Miss., has been reappointed by the St. Louis Fed board of directors to a three-year term. He has served on the board since 2021.

Also serving on the board are:

Tyrone Burroughs, president and CEO of First Choice Sales and Marketing Group Inc. in Memphis, Tenn.; Davy Carter, regional president at Centennial Bank in Jonesboro, Ark.; and Ana G. Rodriguez, executive vice president and chief people officer of Monogram Foods in Memphis, Tenn.

Members of the St. Louis Fed's board of directors and those of its branch boards in Little Rock, Ark., Louisville, Ky., and Memphis, Tenn., are familiar with the economic and credit conditions of their respective regions. Their observations--along with the economic data and information gathered and analyzed by St. Louis Fed staff--help ensure that conditions of Main Street America are represented in Federal Open Market Committee deliberations in Washington, D.C.