Federal Reserve Bank of St. Louis Memphis Branch

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The Federal Reserve Bank of St. Louis Memphis Branch is a branch of the Federal Reserve Bank of St. Louis established in 1918.[1] The branch is responsible for western Tennessee, eastern Arkansas and northern Mississippi.[1]

The branch is located on Main Street in downtown Memphis, Tennessee.[1]

Current Board of Directors[edit]

The following people are on the board of directors as of May 17, 2017:[2]

Name Title Term Expires
J. Brice Fletcher Chairman
First National Bank of Eastern Arkansas
Forrest City, Arkansas
Michael E. Cary President and CEO
Carroll Bank and Trust
Huntingdon, Tennessee
Roy M. Ford, Jr. Vice Chairman and CEO
Commercial Bank and Trust Co.
Memphis, Tennessee
Eric Robertson President
Community LIFT
Memphis, Tennessee
Julianne Goodwin Owner
Express Employment Professionals
Tupelo, Mississippi
Carolyn Chism Hardy President and CEO
Chism Hardy Investments, LLC
Collierville, Tennessee
David T. Cochran, Jr.


CoCo Planting Co.
Avon, Mississippi

Memphis Branch Regional Executive[edit]

The St. Louis Fed’s Memphis branch is led by Regional Executive Douglas Scarboro, who currently serves on the following boards in Memphis: the Better Business Bureau, Economic Club of Memphis, Greater Memphis Chamber, PeopleFirst Partnership, Start Co. and Teach for America Memphis.He has completed the Leadership Development Intensive and Fellows programs at the New Memphis Institute, the Executive program at Leadership Memphis and named to the Top 40 Under 40 list by the Memphis Business Journal.[3]

See also[edit]