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For immediate release: Jan. 19, 2011

Calligan and Carroll Appointed to the Federal Reserve Bank of Atlanta's Nashville Branch Board of Directors

Kathleen Calligan, chief executive officer of the Better Business Bureau of Nashville/Middle Tennessee, and William (Billy) Young Carroll Jr., president and chief executive officer, SmartBank, have been appointed to the board of directors of the Federal Reserve Bank of Atlanta's Nashville Branch. Their terms began Jan.1,2011, and run through Dec. 31, 2013.

Calligan has served in her current position since 1995. She was president and chief executive officer of the Better Business Bureau in Huntsville, Ala., from 1985 to 1995.

Calligan is a member of the board of directors of the Nashville Advertising Federation, the board of the American Advertising Federation 7th District and the Rotary Club of Nashville. She attended Middle Tennessee State University and the University of Tennessee.

Carroll has served in his current role since 2006. He served as executive vice president and chief financial officer of Citizens National Bank in Sevierville, Tenn., from 1992 to 2006. From 1990 to 1992, he served with Kraft CPAs in Nashville, Tenn. As a licensed CPA, he worked with financial institutions on audit, tax, trust and loan review engagements.

Carroll is a member of the board of directors of SmartBank and East Tennessee State University's Banking Advisory Board. His community directorships include the Sevierville Planning Commission, Sevier County High School Alumni Association, University of Tennessee Service County Alumni Association, Sevier County Economic Development Council and the Boys and Girls Club of the Smoky Mountains. Some of his previous board memberships include Mountain Hope Good Shepherd Clinic, Sevierville Lions Club, past president of the Sevierville Chamber of Commerce and United Way of Sevier County.

Carroll received his bachelor's degree in business administration with a major in accounting from the University of Tennessee in 1990.

Federal Reserve Bank of Atlanta Branch directors provide economic information from their industries and the branch territory to the district bank's president and head office directors, who use the information in formulating monetary policy and making discount rate recommendations. Calligan was appointed to the board of directors of the Federal Reserve Bank of Atlanta's Nashville Branch by the Federal Reserve Board of Governors in Washington, D.C. Carroll was appointed by the Atlanta Fed's board of directors. The Board of Governors appoints three of the Nashville Branch directors, and the Atlanta head office directors appoint four.

 

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