Banking

FEDERAL RESERVE BANK OF ATLANTA Volume 15, Number 1 January–March 2002 New Research Provides Snapshot of U.S. Retail Payments Securitization: New Data Reveal Exposures, Help Regulators Subordinated Debt and Bank Risk Arrivals and Departures Shape Federal Reserve Board Small Banks Hold Their Own New and Returning Members Welcomed to Atlanta Fed Board Guynn Expects U.S. Economy to Return to Growth This Year Atlanta Fed Looks at 2002 D E P A R T M E N T S Did You Know? Wide Array of Organizations Oversees Financial Industry Data Bank The Docket Editorial Director Lynne Anservitz Managing Editor Nancy Pevey Staff Writers Jean Tate and Lynn Foley Designer Peter Hamilton Editorial Board Bobbie McCrackin — V.P., Public Affairs, Chairman Lois Berthaume — V.P., Supervision and Regulation Thomas J. Cunningham — V.P. and Assoc. Director of Research Jeff Devine — A.V.P., New Orleans Branch Alaina Gimbert — Assistant Counsel, Legal Janet Herring — A.V.P., Accounting James McKee — Sr. V.P., Atlanta Branch Pierce Nelson — A.V.P., Public Affairs Mel Purcell — Sr. V.P., Nashville Branch Susan Robertson — A.V.P., Retail Payments Office Policies The views expressed are not necessarily those of the Federal Reserve Bank of Atlanta or the Federal Reserve System. Reprinting or abstracting material from this publication is permitted if Financial Update is credited and a copy of the publication containing reprinted material is provided to the Public Affairs Department. Subscriptions Free subscriptions and additional copies are available upon request to Mark Andersen Public Affairs Department Federal Reserve Bank of Atlanta 1000 Peachtree Street, N.E. Atlanta, GA 30309-4470 or by calling 404.498.8020. www.frbatlanta.org Change-of-address notices, along with the current mailing label, should be sent to the Public Affairs Department. ISSN 0899-6563 Subscriptions: Please use our Publications Order Form to order free subscriptions and additional copies.