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For immediate release: Sept. 17, 2004

ATLANTA FED PROMOTES GOODING TO VICE PRESIDENT; WELLS TAKES ON NEW RESPONSIBILITIES WITHIN RETAIL PAYMENTS OFFICE

Marie Gooding has been promoted to vice president and senior officer over FedACH services for the Federal Reserve’s Retail Payments Office (RPO), announced Jack Guynn, president and chief executive officer of the Federal Reserve Bank of Atlanta. Guynn also announced that Adrienne Wells, vice president in the RPO, will take on new responsibilities in the organization. The Federal Reserve’s RPO is based at the Atlanta Fed with responsibility for overseeing the System’s check and automated clearinghouse (ACH) services nationwide and for working with the financial services industry to improve the efficiency and effectiveness of the retail payments system.

In her new role, Gooding will oversee all aspects of FedACH. Since 2001, she had served as assistant vice president with responsibility for ACH operations and automation at the Atlanta Fed. Gooding joined the Atlanta Fed in 1987. In 1994, she was promoted to assistant vice president with responsibility for ACH and computer services at the Atlanta Branch.

Gooding replaces Adrienne Wells, vice president at the Atlanta Fed. Wells has been named as the RPO’s payments strategies officer. In her new position, she will work closely with Federal Reserve leaders and others on projects related to payments research, enterprise risk management and the use of technology for payments. Wells moves into this role following five years as the RPO’s senior officer in charge of FedACH services.

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.

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