St. Louis Fed Releases Little Rock Burgundy Book

by Talk Business & Politics ([email protected]) 139 views 

The Federal Reserve Bank of St. Louis on Friday published its latest Little Rock Burgundy Book, a quarterly review of economic information for the Little Rock Zone of the Eighth District.

The Little Rock Zone includes the majority of Arkansas, except the northeast part of the state. The population in the Zone is approximately 2.5 million people, including the 500,000 who live in the Northwest Arkansas metropolitan statistical area.

The Little Rock report is part of the larger Burgundy Books publication, which offers comprehensive economic information for each of the Bank’s four zones: St. Louis, Little Rock, Louisville, Kentucky, and Memphis, Tennessee.

Also on Friday, the St. Louis Fed announced the following changes to its Little Rock Branch board of directors, effective Jan. 1: 

Robert Martinez, owner of Rancho La Esperanza in De Queen, Ark., has been reappointed to a three-year term on the board of directors of the Little Rock Branch of the Federal Reserve Bank of St. Louis.

Charles Morgan Jr., president and CEO of Relyance Bank N.A. in Pine Bluff, Ark., has been appointed to a three-year term on the board of directors of the Little Rock Branch of the Federal Reserve Bank of St. Louis. 

Chairman of the Little Rock Branch board of directors for 2016 will be Ray C. Dillon, president and CEO of Deltic Timber Corp. in El Dorado.

Also serving on the board are: Michael A. Cook, senior vice president and assistant treasurer of Wal-Mart Stores Inc. in Bentonville; Keith Glover, president and CEO of Producers Rice Mill Inc. in Stuttgart; Karama Neal, COO of Southern Bancorp Community Partners in Little Rock; and Mark White, president and CEO of Arkansas Blue Cross Blue Shield in Little Rock.