Chicago Fed Promotions Announced
CHICAGO - The Federal Reserve Bank of Chicago announced promotions in the Customer Relations and Support Office (CRSO), which is based at the Federal Reserve Bank of Chicago and serves the entire Federal Reserve System, and in the Federal Reserve Bank of Chicago’s Finance Division.
Michael Hoppe, Senior Vice President
Hoppe has been promoted to Senior Vice President of the CRSO. He formerly was a vice president. He lives in Waukesha, Wisc.
Bryan Napier, Assistant Vice President, National Finance Division
Napier has been promoted to Assistant Vice President of the Chicago Fed’s National Finance Division. He formerly was a technical manager in the division. He lives in Schaumburg, Ill.
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Customer Relations Support Office Background
Formed in 2001, the CRSO is responsible for strengthening relationships with Federal Reserve System’s financial services customers, and to promote a national brand for system products and services.
Federal Reserve Bank of Chicago Background
The Federal Reserve Bank of Chicago is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the nation’s central bank. The Chicago Reserve Bank serves the seventh Federal Reserve District, which encompasses the northern portions of Illinois and Indiana, southern Wisconsin, the Lower Peninsula of Michigan, and the state of Iowa. In addition to participation in the formulation of monetary policy, each Reserve Bank supervises member banks and bank holding companies, provides financial services to depository institutions and the U.S. government, and monitors economic conditions in its District.