Federal Reserve Bank of St. Louis Memphis Branch


The Federal Reserve Bank of St. Louis Memphis Branch is a branch of the Federal Reserve Bank of St. Louis established in 1918. The branch is responsible for western Tennessee, eastern Arkansas and northern Mississippi.
The branch is located on Main Street in downtown Memphis, Tennessee.

Current Board of Directors

The following people are on the board of directors as of July 5, 2018:
NameTitleTerm Expires
J. Brice FletcherChairman
First National Bank of Eastern Arkansas
Forrest City, Arkansas		2019
Michael E. CaryPresident and CEO
Carroll Bank and Trust
Huntingdon, Tennessee		2021
Michael UgwuekePresident and CEO
Methodist Le Bonheur Healthcare
Memphis, Tennessee		2021
Eric D. Robertson
President
Community LIFT
Memphis, Tennessee		2018
Julianne GoodwinOwner
Express Employment Professionals
Tupelo, Mississippi		2018
Carolyn Chism HardyPresident and CEO
Chism Hardy Investments, LLC
Collierville, Tennessee		2019
David T. Cochran, Jr.Partner
CoCo Planting Co.
Avon, Mississippi		2020

Memphis Branch Regional Executive

The St. Louis Fed’s Memphis branch is led by Regional Executive Douglas Scarboro, who currently serves on the following boards in Memphis: the Better Business Bureau, Economic Club of Memphis, Greater Memphis Chamber, Barret School of Banking, Start Co., Church Health and LeBonheur Hospital National Leadership Council. He has completed the Leadership Development Intensive and Fellows programs at the New Memphis Institute, the Executive program at Leadership Memphis and named to the Top 40 Under 40 list by the Memphis Business Journal.