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For immediate release: May 5, 2014

Atlanta Fed Names Weems Vice President and Williams Assistant Vice President

Charles Weems has been named vice president for the Federal Reserve Bank of Atlanta's Retail Payments Office (RPO), announced Dennis Lockhart, president and chief executive officer of the Atlanta Fed. Lockhart also announced Mike Williams has been promoted to assistant vice president in the RPO. Weems assumes responsibility for the RPO's customer support and payment processing functions. Williams will be responsible for electronic and paper processing operations.

Weems began his career at the Nashville Branch of the Federal Reserve Bank of Atlanta in 1991, in the financial services division. Since then, he has worked in various areas of financial services in positions of increasing responsibility. In January 2004, Weems was named assistant vice president, financial services, with responsibility for Nashville's check operations. He transferred to the Atlanta office in February 2005 to oversee Atlanta's check operations, and in September 2007 he joined the RPO, where he was responsible for automated clearinghouse and check electronic payments processing.

Weems earned a bachelor's degree in finance from Tennessee Technological University in 1990. He attended the executive development program at the Darden Graduate School of Business Administration at the University of Virginia.

Williams began his career with the Federal Reserve Bank of Kansas City in 2002. He held positions of increasing responsibility in check automation services, where he was responsible for supporting Check 21 and FedImage as well as the legacy check platform. In December 2007, Williams transferred to the Atlanta Fed and joined the Check 21 Business Operations Office. He was promoted to RPO operations director in October 2011. In his current role in the electronic payments area, Williams is responsible for operations level I support, system maintenance and monitoring and quality control.

Williams earned a bachelor's degree in business and finance from Park University in Missouri.

The Federal Reserve Bank of Atlanta serves the Sixth Federal Reserve District, which encompasses Alabama, Florida, Georgia and sections of Louisiana, Mississippi and Tennessee. As part of the nation's central banking system, 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.