For immediate release: January 5, 2024
NEW ORLEANS—The Federal Reserve Bank of Atlanta announces the reappointment of William G. Yates III, president and chief executive officer W.G. Yates & Sons Construction Company Biloxi, Mississippi, to the New Orleans Branch board of directors. He was reappointed by the Atlanta board of directors to a three-year term beginning January 1, 2024, and ending December 31, 2026.
The other directors of the Atlanta Fed's New Orleans Branch are:
- John D. Driscoll, director and CEO of the Alabama State Port Authority in Mobile, Alabama (term expires December 31, 2024),
- Katherine A. Crosby, board chair of Fidelity Bank in New Orleans, Louisiana (term expires December 31, 2024),
- David T. Darragh, operating partner of LongueVue Capital and managing director of Team Gleason Foundation in Metairie, Louisiana (term expires December 31, 2024),
- Melissa B. Rogers, president and founder of Noble Plastics in Grand Coteau, Louisiana (term expires December 31, 2025), and
- William J. Bynum, CEO of Hope Credit Union, Hope Enterprise Corporation, and Hope Policy Institute in Jackson, Mississippi (term expires December 31, 2025).
Federal Reserve Bank of Atlanta branch directors provide economic information from their industries and the branch territory to the district Bank's president and head office directors, who use the information in discussing monetary policy options and making discount rate recommendations. The Board of Governors appoints three of the New Orleans Branch directors, and the Atlanta head office directors appoint four.