Federal Reserve Bank of Atlanta

Federal Reserve Bank in Midtown Atlanta

The Federal Reserve Bank of Atlanta is responsible for the sixth district, which covers the U.S. states of Alabama, Florida, and Georgia, 74 counties in the eastern two-thirds of Tennessee, 38 parishes of southern Louisiana, and 43 counties of southern Mississippi. The Sixth District operates branches in Atlanta, Birmingham, Jacksonville, Miami, Nashville, and New Orleans. These branches provide cash to banks, savings and loans, and other depository institutions; transfer money electronically; and clear millions of checks.

Federal Reserve System Sixth District

The bank is currently located at 1000 Peachtree Street NE in Midtown Atlanta. Prior to 2001, the bank was located in downtown Atlanta at 104 Marietta Street NW, which is now the home of the State Bar of Georgia.

The current president, Dennis P. Lockhart took office March 1, 2007, as the 14th president and chief executive officer of the Sixth District Federal Reserve Bank, at Atlanta.

The Atlanta Fed has three main functions: monetary policy, operation of nationwide payment system, and bank supervision and regulation. Its job is to decide the interest rates, and the president meets with other bank presidents and board members. The Bank’s board of directors makes recommendations on the levels of discount rates.

The old Federal Reserve Bank of Atlanta building, now the State Bar of Georgia. Located at 104 Marietta Street NW

Board of Directors

The following people are on the board of directors as of 2013:

Class A

Class A

Name	Title	Term Expires
Gerard R. Host	President and Chief Executive Officer Trustmark Corporation Jackson, Mississippi	2015
T. Anthony Humphries	President and Chief Executive Officer NobleBank and Trust Anniston, Alabama	2016
William H. Rogers, Jr.	Chairman and Chief Executive Officer SunTrust Banks, Inc. Atlanta, Georgia	2017

Class B

Class B

Name	Title	Term Expires
Clarence Otis, Jr.	Chairman and Chief Executive Officer Darden Restaurants, Inc. Orlando, Florida	2015
Jonathan T.M. Reckford	CEO Habitat for Humanity International Atlanta, Georgia	2017
José S. Suquet	Chairman, President, and Chief Executive Officer Pan-American Life Insurance Group New Orleans, Louisiana	2016

Class C

Class C

Name	Title	Term Expires
Thomas A. Fanning (Chair)	Chairman, President, and Chief Executive Officer Southern Company Atlanta, Georgia	2015
Myron A. Gray	President, U.S. Operations United Parcel Service Atlanta, Georgia	2017
Michael J. Jackson (Deputy Chair)	Chairman and CEO AutoNation, Inc. Fort Lauderdale, Florida	2016

All terms expire on December 31.

See also

• Federal Reserve Act
• Federal Reserve System
• Federal Reserve Bank
• Federal Reserve Districts
• Federal Reserve Branches
• Federal Reserve Bank of Atlanta Birmingham Branch Office
• Federal Reserve Bank of Atlanta Jacksonville Branch Office
• Federal Reserve Bank of Atlanta Miami Branch Office
• Federal Reserve Bank of Atlanta New Orleans Branch Office
• Federal Reserve Bank of Atlanta Nashville Branch Office
• Structure of the Federal Reserve System

External links

• Federal Reserve Bank of Atlanta
• Federal Reserve Bank Presidents
• Historical resources by and about the Federal Reserve Bank of Atlanta including annual reports back to 1915