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November 27, 2015 9:30 PM ET


Company Overview of Federal Reserve Bank Of Chicago

Company Overview

Federal Reserve Bank Of Chicago operates as a reserve bank. It engages in supervising and regulating state-chartered banks that are members of the Federal Reserve System, bank holding companies, and financial holding companies. The company also promotes community development, fair access to financial services, and research related to consumer and community development issues; and conducts policy-relevant research on macroeconomics, microeconomics, financial studies, and regional economic issues. Federal Reserve Bank Of Chicago was founded in 1914 and is based in Chicago, Illinois.

230 South LaSalle Street

Chicago, IL 60604-1413

United States

Founded in 1914





Key Executives for Federal Reserve Bank Of Chicago

Chief Financial Officer and Senior Vice President
Chief Operating Officer and First Vice President
Chief Information Officer and Senior Vice President of the CRSO Fedline Division
Senior Vice President and General Counsel
Senior Vice President of Supervision and Regulation
Compensation as of Fiscal Year 2015.

Federal Reserve Bank Of Chicago Key Developments

Federal Reserve Bank of Chicago Promotes Shonda Clay to Executive Vice President and Product Manager of Customer Relations and Support Office

The Federal Reserve Bank of Chicago recently announced a promotion in the Customer Relations and Support Office (CRSO), which is based at the Federal Reserve Bank of Chicago and serves the entire Federal Reserve System. Shonda Clay, Executive Vice President and Product Manager. Shonda Clay has been promoted to executive vice president and product manager of the CRSO. In that role, she will provide strategic oversight of the CRSO's sales and marketing, FedLine, and finance/administration functions. In addition, she will play an integral role in partnering with Federal Reserve Payments Strategy Director Gordon Werkema as the CRSO's Industry Relations Program supports the new Faster and Secure Payments Initiatives. Clay is a former CRSO assistant vice president and national account manager. In 2008 she was promoted to vice president, responsible for regional sales and marketing as well as sales operations and analytics. She was named senior vice president in 2014.

Federal Reserve Bank Of Chicago Appoints Ellen Bromagen as Vice President and Chief Operating Officer Effective September 1, 2015

Ellen Bromagen has been appointed first vice president and chief operating officer of the Federal Reserve Bank of Chicago, effective September 1, 2015. Bromagen succeeds Gordon Werkema, who earlier 2015 was named the Federal Reserve's payments strategy director. As first vice president, Bromagen will be responsible for oversight of financial management, information technology services, payments, legal, human resources and corporate development functions of the Federal Reserve's Seventh District.

Federal Reserve Bank Of Chicago Presents at Three Part Advisors, LLC Midwest IDEAS Investor Conference 2015, Aug-26-2015 11:55 AM

Federal Reserve Bank Of Chicago Presents at Three Part Advisors, LLC Midwest IDEAS Investor Conference 2015, Aug-26-2015 11:55 AM. Venue: Hard Rock Hotel, 230 N. Michigan Ave., Chicago, IL 60601, United States. Speakers: William A. Strauss, Senior Economist and Economic Advisor.

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