Company Overview of Federal Reserve Bank of Atlanta
Federal Reserve Bank of Atlanta operates as reserve bank in the United States. It provides financial services, which include distributing cash to banks, savings and loans, and other depository institutions; and processing electronic payments. The company also works with the other regional reserve banks to help formulate monetary policy; supervise and regulate banks and bank holding companies; and provide payment services to financial institutions and the federal government. It provides services in Alabama, Florida, and Georgia; and portions of Louisiana, Mississippi, and Tennessee. The company was founded in 1913 and is based in Atlanta, Georgia with branch offices in Birmingham, Jacksonvill...
1000 Peachtree Street NE
Atlanta, GA 30309-4470
Founded in 1913
Key Executives for Federal Reserve Bank of Atlanta
Chief Operating Officer and First Vice President
Senior Vice President of Legal, General Counsel and Strategic Advisor
RPO Director and First Vice President of System Retail Payments Product Office
Executive VP of Retail Payments and Executive VP of System Retail Payments Product Office
Compensation as of Fiscal Year 2016.
Federal Reserve Bank of Atlanta Key Developments
Federal Reserve Bank of Atlanta Presents at IMN's 5th Annual Single Family Rental Investment Forum (East), May-02-2017 08:15 AM
May 1 17
Federal Reserve Bank of Atlanta Presents at IMN's 5th Annual Single Family Rental Investment Forum (East), May-02-2017 08:15 AM. Venue: Loews Hotel, Miami Beach, Florida, United States. Speakers: Domonic Purviance, Senior Financial Policy Analyst.
Pinnacle Financial Announces Receipt of Regulatory Approvals to Merge with BNC Bancorp
Apr 7 17
Pinnacle Financial Partners Inc. revealed that it received the approvals of applications for a merger with BNC Bancorp. from the Federal Reserve Bank of Atlanta, the Tennessee Department of Financial Institutions (TDFI) and the North Carolina Office of the Commissioner of Banks (NCCOB). Also, TDFI, NCCOB and the Federal Deposit Insurance Corporation (FDIC) approved the proposed merger of Pinnacle Bank and BNC's wholly owned subsidiary Bank of North Carolina, which completes all banking regulatory approvals needed for consummation of the proposed mergers. Further, the company said that subject to approval by the two company's shareholders, as well as satisfaction of other closing conditions, the merger of the holding companies and banks are expected to become effective late in the second quarter of 2017 or early in the third quarter of 2017. Bank of North Carolina and Pinnacle Bank will merge immediately after the merger of the parent companies. On completion of the transaction, Pinnacle stated that it will have a presence in four states and new markets will include Charlotte, Raleigh, Winston-Salem and Greensboro in North Carolina; Greenville-Spartanburg and Charleston in South Carolina; and Roanoke in Virginia.
Federal Reserve Bank of Atlanta Appoints Raphael Bostic as President and CEO, Effective June 5, 2017
Mar 13 17
The Federal Reserve Bank of Atlanta announced Raphael Bostic as president and CEO. The Atlanta Fed announced that Bostic will assume his role as the 15th top executive of the Federal Reserve district, effective June 5, 2017. Bostic succeeds Dennis Lockhart, who retired from his role as president and CEO of the Atlanta Fed on Feb. 28, 2017. In his new role, Bostic will be the top economic and fiscal executive for the Atlanta Fed, which oversees states including Florida. Bostic will be the first African American to hold the president and CEO role at a regional Federal Reserve outpost in the financial institution's 103-year year.
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