Financial Update (January-March 2001)


Cover Story

Fannie Mae and Freddie Mac

2001 Outlook

Economic Review Article

New Birmingham Building

New Consumer Protections

Board Appointments

Financial Literacy Conference

Updated Brochure


Did You Know?

Data Bank

The Docket

Atlanta Fed Names Chairman, Deputy Chairman and New Board Member

John Wieland
John Wieland
Paula Lovell
Paula Lovell
William G. Smith Jr.
William G. Smith Jr.

John Wieland, chief executive officer and chairman of John Wieland Homes and Neighborhoods Inc., was reappointed to a third term as chairman of the Federal Reserve Bank of Atlanta’s board of directors. Paula Lovell, president of Lovell Communications Inc., was appointed to a second three-year term on the Atlanta Fed’s board and reappointed as deputy chairman, her third consecutive term in this position. William G. Smith Jr., president and chief executive officer of Capital City Bank Group Inc. and chairman of the board of Capital City Bank, was named to the Atlanta Fed’s board of directors.

Wieland’s and Lovell’s one-year terms as chairman and deputy chairman and Lovell’s and Smith’s three-year terms as board members began Jan. 1, 2001.

Wieland founded John Wieland Homes and Neighborhoods Inc., based in Atlanta, in 1970. Wieland was appointed to the Atlanta Fed’s board in 1997 and served as deputy chairman in 1998. He was first appointed chairman in 1999 and was reappointed in 2000 and 2001.

Lovell founded Lovell Communications Inc. of Nashville, Tenn., in 1988 after working in the communications field as a publicist, a feature writer for the Nashville Banner, and a television producer and writer. She previously served as a member of the board of directors of the Atlanta Fed’s Nashville Branch and was named to the board of the Federal Reserve Bank of Atlanta in 1998.

Smith has been affiliated with the Capital City Bank Group Inc. since 1978. He is a former director of the Atlanta Fed’s Jacksonville Branch and served as Federal Advisory Council representative for the Sixth Federal Reserve District in 2000.