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For immediate release: Aug. 4, 2008

Weyman Named Regional Executive of Birmingham Branch of Federal Reserve Bank of Atlanta

Julius Weyman has been named regional executive of the Birmingham Branch of the Federal Reserve Bank of Atlanta, announced Dennis P. Lockhart, president and chief executive officer of the Atlanta Fed. Weyman will work with the Birmingham Branch's board of directors, oversee the Birmingham Branch's economic and financial education programs and provide regional input into the Atlanta Fed's monetary policy process. He will assume his new duties on Sept. 1, 2008.

Weyman began his Federal Reserve career at the Atlanta Fed's Jacksonville Branch in 1987 as a project coordinator. He transferred to the Atlanta Fed's electronic payments department in 1989 and was promoted to manager and director for electronic payments and wholesale payments/fiscal services in 1995. He transferred to the Board of Governors in 1996 and worked as an analyst in the division of Reserve Bank operations and payment systems. In 1998 he returned to the Atlanta Fed to serve as assistant vice president in the check relay and central float department of the Retail Payments Office, where he was responsible for staff operations. He became a vice president in 2008, with responsibility for managing the check relay organization and the Federal Reserve System float management function.

Weyman earned a bachelor's degree in management from the Georgia Institute of Technology and completed the executive development program at the University of Michigan.

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.