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For Immediate Release: Dec. 26, 2001

ATLANTA FED NAMES RICHARD A. JONES SENIOR VICE PRESIDENT

Richard A. Jones has been named senior vice president and general counsel of the Federal Reserve Bank of Atlanta, according to Jack Guynn, president and chief executive officer of the Atlanta Fed. Jones joined the Atlanta Fed in October 2000 as vice president and deputy general counsel and was promoted to general counsel in February 2001.

Prior to joining the Atlanta Fed, Jones served as regional counsel for the Atlanta region of the Federal Deposit Insurance Corp. (FDIC), which includes Alabama, Florida, Georgia, North Carolina, South Carolina, Virginia and West Virginia. In this capacity, he oversaw the provision of legal services pertaining to the examination and supervision of state-chartered banks that are not members of the Federal Reserve System. Before joining the FDIC, Jones was a senior regional attorney for five years at the Office of Thrift Supervision, where he played a lead role in numerous enforcement matters and acquisitions of troubled thrifts. He began his career as an attorney with the Federal Home Loan Bank Board in Washington, D.C., and, after a year, became a senior attorney with the Federal Home Loan Bank of Atlanta.

Jones earned a bachelor’s degree, with honors, in 1981 from Morehouse College in Atlanta, Ga. He received his juris doctor degree in 1984 from George Washington University’s National Law Center in Washington, D.C. He is a member of the State Bar of Georgia and the Atlanta Bar Association’s Judicial Selection and Tenure Committee. He is a former member-at-large of the board of directors and past chair of the corporate counsel section of the Atlanta Bar Association. Jones also is a member of the Board of Visitors of the Georgia State University College of Law and the One-Ninety-One Club in Atlanta.

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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