LOUISVILLE, Ky. — The Federal Reserve Bank of St. Louis announced that Stock Yards Bank & Trust Chairman and CEO James “Ja” A. Hillebrand has been appointed to a three-year term on its Louisville Branch Board of Directors.
“I am honored to be tapped by the St. Louis Fed to help guide economic policy in Louisville and the entire region,” said Hillebrand. “Throughout my career, I have been focused on expanding economic opportunities for individuals, families, and businesses, and I look forward to advancing this critical work alongside fellow board members. Together, we can and must lay the foundation for a stronger, resilient, and vibrant economy that helps more people achieve their American Dream – and, at the same time, keeps our nation competitive in the global marketplace.”
Of note, the St. Louis Fed is a corporation chartered under the Federal Reserve Act. It is subject to oversight and supervision by the Board of Governors of the Federal Reserve System. As required by the Federal Reserve Act of 1913, the St. Louis Fed is supervised by a board of nine directors who are familiar with economic and credit conditions in the District. Similarly, the District’s three branches—Little Rock, Louisville, and Memphis—each has a board of seven directors who are highly-regarded professionals in their respective branch zones.
Click here for more Kentucky business news.
