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For immediate release Feb. 18, 1999

ATLANTA FED ANNOUNCES THREE PROMOTIONS

Trev Brown, Shirley Pyatt and Leah Davenport were recently promoted to assistant vice presidents at the Federal Reserve Bank of Atlanta, announced Jack Guynn, president and chief executive officer of the Atlanta Fed.

Brown is assistant vice president responsible for payment services operations at the Atlanta Fed's Birmingham Branch. Pyatt assumes responsibility for payor bank services, computer services and facilities management as assistant vice president at the Jacksonville Branch. Davenport is assistant vice president responsible for payment services operations, accounting/fiscal operations and business development at the Nashville Branch.

Brown joined the Bank in the securities area seven years ago and has held several management positions. Prior to his promotion, he was financial services director in the Nashville Branch, responsible for accounting, FedLine®, fiscal operations and business development. Brown earned his bachelor's degree in finance from Belmont College.

Pyatt is a 12-year Bank employee and has served in various management functions during her career. Most recently she served as financial services director at the Jacksonville Branch with responsibility for payor bank services and computer services. Pyatt earned her bachelor's degree in business management from Jacksonville University.

Davenport is an eight-year Bank employee and has served in several managerial functions in payment services. Prior to her promotion, she was financial services director for payment services at the Nashville Branch. Davenport received her bachelor's degree in finance from Tennessee Technological University and attended executive development programs at Wharton, Columbia and the University of Virginia.

The Federal Reserve Bank of Atlanta serves the Sixth Federal Reserve District, which encompasses Alabama, Florida, Georgia and parts 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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