March 29, 2004 News Archive

Board Announces New Director of the Division of Consumer and Community Affairs
The Board has appointed Sandra F. Braunstein as Director of the Division of Consumer and Community Affairs, effective April 1, 2004. Ms Braunstein will succeed Dolores S. Smith, who is retiring after twenty-eight years of service at the Board, including six years as Division Director.

Chicago Fed Letter Explores Locations Following Financial Institutions Mergers (PDF)
"Why Bank One Left Chicago: One Piece in a Bigger Puzzle" is the focus of the latest Chicago Fed Letter.

Upcoming Bank Director Training
The Federal Reserve Bank of Chicago has designed a director training program to address the critical needs and responsibilities of community bank directors. We intend to sponsor one-day seminars throughout the District over the course of the year to offer sessions focused on today's hot topics, filled with practical advice about key business areas including fraud risk, information technology risk, and The USA Patriot Act as it pertains to the Bank Secrecy Act and anti-money laundering regulations. The FDIC and respective State banking departments have been invited to participate as well.

The first two seminars will be held in West Des Moines, Iowa, on April 5th, and Bettendorf, Iowa, on April 6th. Information on dates and locations for upcoming seminars in Wisconsin, Illinois, Indiana and Michigan will be forthcoming. Please contact Federal Reserve Representative Timothy J. Palmersheim at (800) 642-6389 for additional details.