Thursday, February 08, 2001

Local banker joins Cleveland Fed's board




By Jeff McKinney
The Cincinnati Enquirer

        Tristate banker Stephen P. Wilson is joining a board that gives Federal Reserve Chairman Alan Greenspan a grass-roots view of the region's economy.

        Mr. Wilson, 50, has been elected by his peers to the board of the Federal Reserve Bank of Cleveland, one of 12 regional reserve banks.

Wilson
Wilson
        Mr. Wilson, president and chief executive at LCNB Corp., parent of Lebanon Citizens National Bank, will represent community banks with capital between $5 million and $100 million.

        The Cleveland Fed has branches in Cincinnati and Pittsburgh and serves the Fourth Federal Reserve District, which includes Ohio, Pennsylvania, eastern Kentucky and parts of West Virginia.

        Each reserve has a nine-member board. Three directors represent banking and six others represent the general public, including business, agriculture, labor and consumers. Mr. Wilson will serve a three-year term

        The Federal Reserve System sets interest rates and regulates state-chartered banks and bank holding companies.

        “I'm honored and will take my responsibility seriously to adequately report what's going on with our part of the economy,” Mr. Wilson said.

       



CG&E rival offers electricity
Delta boss endorses moratorium
Talks raise questions about Delta hub status
Comair to use Delta concourse for some flights
Delta fined over wheelchair
Despite troubles, P&G has sterling reputation
- Local banker joins Cleveland Fed's board
Cinergy streamlines corporate structure
CNET to cut jobs by 10%
Grocer to offer new dollar coins
Publishers to pay Amazon for plaudits
U.S. workers don't let up
Business Digest
What's the Buzz?