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For immediate release: June 5, 2006

FEDERAL RESERVE BANK OF ATLANTA ANNOUNCES HUMAN RESOURCES PROMOTIONS

Marie Gooding has been promoted to senior vice president of human resources at the Federal Reserve Bank of Atlanta, announced Jack Guynn, president and chief executive officer of the Atlanta Fed. Guynn also announced that Clifford S. Stanford has been promoted to assistant vice president in the human resources department.

Gooding joined the Bank in 1987 as a data security coordinator. In 1994 she was promoted to assistant vice president and assigned to the Bank’s Atlanta Branch, which provides financial services to Georgia and Chattanooga, Tenn. She was promoted to assistant vice president and assistant branch manager in 1996. In 2001 she joined the Federal Reserve’s Retail Payments Office (RPO), serving as assistant vice president with responsibility for automated clearinghouse (ACH) operations and automation. From 2004 to 2006, she served as vice president and senior officer over FedACH services for the RPO, with responsibility for all aspects of FedACH for the Federal Reserve System. She has served as vice president over human resources since February of this year.

Gooding graduated magna cum laude with a bachelor’s degree in secondary math education from Old Dominion University. She is also a graduate of Duke University’s Advanced Management Program.

Stanford joined the Bank in 1996 as assistant counsel. He was promoted to assistant general counsel in 2004. Most recently, he was responsible for the Bank’s intellectual property protection efforts and has been a key Bank resource in numerous legal areas, including contracts and procurement, supervision and regulation, employment law, ethics, payments law and litigation.

Stanford earned a juris doctorate from Georgia State University and earned his bachelor’s degree in history from Emory University. He has been a member of the State Bar of Georgia since 1995.

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.