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For immediate release: Dec. 11, 2003

DAVENPORT APPOINTED VICE PRESIDENT AT ATLANTA FED

Leah Davenport, assistant vice president at the Federal Reserve Bank of Atlanta’s Nashville Branch, has been promoted to vice president at the Atlanta Fed, announced Jack Guynn, president and chief executive officer. Davenport will replace Jeff Weltzien as assistant branch manager of the Atlanta Branch upon his retirement in March 2004.

Davenport joined the Nashville Branch in 1990 as a management associate. After serving in various management roles, she was promoted in 1994 to manager over special projects and implementations. In 1995, she was promoted to financial services director and in 1999 to assistant vice president with responsibility for payment services operations and adjustments, business development, customer support services and computer services.

Davenport earned a bachelor of science degree in finance from Tennessee Technological University. She completed the Tennessee School of Banking program sponsored by the Tennessee Bankers Association at Vanderbilt University and attended executive development programs at the University of Virginia, the University of Pennsylvania and Columbia University.

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.