St. Louis Fed Little Rock branch makes changes to board of directors

by Talk Business & Politics staff ([email protected]) 315 views 

The Federal Reserve Bank of St. Louis has announced the following changes to its Little Rock Branch board of directors, effective January 2025.

Allison J.H. Thompson, president and CEO of the Economic Development Alliance for Jefferson County, Arkansas in Pine Bluff, Ark., has been elected board chair for 2025 by the Branch board of directors. She has served on the board since 2023.

Elizabeth Burns Anderson, senior vice president of Farmers Bank & Trust in Magnolia, Ark., has been appointed by the St. Louis Fed board of directors to a three-year term.

Also serving on the board are:

Christopher B. Hegi, president and CEO of First Financial Bank in El Dorado, Ark., Denise Thomas, CEO of World Trade Center Arkansas, University of Arkansas, in Rogers, Ark.; and Darrin Williams, CEO of Southern Bancorp Inc. in Little Rock, Ark.

The Little Rock branch of the Federal Reserve Bank covers 63 of Arkansas’ 75 counties.

Members of the St. Louis Fed’s board of directors and those of its branch boards in Little Rock, Ark., Louisville, Ky., and Memphis, Tenn., are familiar with the economic and credit conditions of their respective regions.

Their observations — along with the economic data and information gathered and analyzed by St. Louis Fed staff — help ensure that conditions of Main Street America are represented in Federal Open Market Committee deliberations in Washington, D.C.