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For immediate release: Jan. 8, 2014

Atlanta Fed Recognizes Employee with President's Award

The Federal Reserve Bank of Atlanta awarded its annual President's Award for Excellence to David Herring, senior web development program analyst in the Atlanta office. Dennis Lockhart, president and chief executive officer of the Atlanta Fed, presented the awards in a recent ceremony. The President's Award recognizes Sixth Federal Reserve District employees who have distinguished themselves by their outstanding performance.

Herring has been with the Bank 16 years and is responsible for creating and maintaining software for billing and U.S. Treasury applications supported by central billing services. He also manages software deployments and supports his department's technology needs. He is known for fostering efficiencies and helping his department operate in a fiscally responsible manner. Herring reengineered and streamlined workflows and led software implementations that accelerated the work of multiple teams to meet expedited timeframes. He is also a leader in the department and has supervised certification testing for his colleagues.

A Douglasville resident, Herring was born in East Point and raised in Jonesboro, Ga. He graduated from Jonesboro High School and earned a bachelor's degree in management science from the Georgia Institute of Technology.

The Atlanta Fed is a part of the nation's central banking system, which Congress created in 1913. The Federal Reserve conducts monetary policy by influencing money and credit conditions in the economy in pursuit of full employment and stable prices, supervises and regulates banking institutions and helps ensure that the nation's payments systems operate smoothly. The Atlanta Fed serves the Sixth Federal Reserve District, which encompasses Alabama, Florida, Georgia and sections of Louisiana, Mississippi and Tennessee. The Atlanta Fed participates in setting national monetary policy, supervises numerous commercial banks and provides a variety of financial services to depository institutions and the U.S. government.