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Federal Reserve Bank Of St. Louis
The Federal Reserve Bank of St. Louis is one of 12 Federal Reserve System, regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the United States' central bank. Missouri is the only state to have two main Federal Reserve Banks (Kansas City, Missouri, Kansas City also has Federal Reserve Bank of Kansas City, a bank). Located in downtown St. Louis, the St. Louis Fed is the headquarters of the Eighth Federal Reserve District, which includes the state of Arkansas and portions of Illinois, Indiana, Kentucky, Mississippi, the eastern half of Missouri and West Tennessee. It has branches in Little Rock, Arkansas, Little Rock, Louisville, Kentucky, Louisville and Memphis, Tennessee, Memphis. Its building, at 411 Locust Street, was designed by St. Louis firm Mauran, Russell & Crowell in 1924. The Eighth District serves as a center for local, national and global economic research, and provides the following services: supervisory and regulatory servi ...
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Seal Of The United States Federal Reserve System
Seal may refer to any of the following: Common uses * Pinniped, a diverse group of semi-aquatic marine mammals, many of which are commonly called seals, particularly: ** Earless seal, also called "true seal" ** Fur seal ** Eared seal * Seal (emblem), a device to impress an emblem, used as a means of authentication, on paper, wax, clay or another medium (the impression is also called a seal) * Seal (mechanical), a device which helps prevent leakage, contain pressure, or exclude contamination where two systems join ** Hermetic seal, an airtight mechanical seal * Security seals such as labels, tapes, bands, or ties affixed onto a container in order to prevent and detect tampering Arts, entertainment and media * Seal (1991 album), ''Seal'' (1991 album), by Seal * Seal (1994 album), ''Seal'' (1994 album), sometimes referred to as ''Seal II'', by Seal * ''Seal IV'', a 2003 album by Seal * ''Seal Online'', a 2003 massively multiplayer online role-playing game Law * Seal (contract la ...
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Little Rock, Arkansas
Little Rock is the List of capitals in the United States, capital and List of municipalities in Arkansas, most populous city of the U.S. state of Arkansas. The city's population was 202,591 as of the 2020 census. The six-county Central Arkansas, Little Rock metropolitan area is the Metropolitan statistical area, 81st-most populous in the United States with 748,031 residents according to the 2020 census. As the county seat of Pulaski County, Arkansas, Pulaski County, the city was incorporated on November 7, 1831, on the south bank of the Arkansas River close to the state's geographic center in Central Arkansas. The city derived its name from a rock formation along the river, named The Little Rock, the "Little Rock" by the French explorer Jean-Baptiste Bénard de la Harpe in 1722. The capital of the Arkansas Territory was moved to Little Rock from Arkansas Post, Arkansas, Arkansas Post in 1821. Little Rock is a cultural, economic, government, and transportation center within A ...
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Federal Funds Rate
In the United States, the federal funds rate is the interest rate at which depository institutions (banks and credit unions) lend reserve balances to other depository institutions overnight on an collateral (finance), uncollateralized basis. Bank reserves, Reserve balances are amounts held at the Federal Reserve. Institutions with surplus balances in their accounts lend those balances to institutions in need of larger balances. The federal funds rate is an important benchmark in financial markets and central to the conduct of Monetary policy of the United States, monetary policy in the United States as it influences a wide range of market interest rates. The effective federal funds rate (EFFR) is calculated as the effective median interest rate of overnight federal funds transactions during the previous business day. It is published daily by the Federal Reserve Bank of New York. The federal funds target range is determined by a meeting of the members of the Federal Open Mar ...
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Tupelo, Mississippi
Tupelo ( ) is a city in and the county seat of Lee County, Mississippi, United States. Founded in 1860, the population was 37,923 at the United States Census, 2020, 2020 census. It is the List of municipalities in Mississippi, 7th-most populous city in Mississippi and is considered a commercial, industrial, and cultural hub of North Mississippi, northern Mississippi. Tupelo was Municipal corporation, incorporated in 1870. The area had earlier been settled as "Gum Pond" along the Mobile and Ohio Railroad. On February 7, 1934, Tupelo became the first city to receive power from the Tennessee Valley Authority, thus giving it the nickname "The First TVA City". Much of the city was devastated 1936 Tupelo–Gainesville tornado outbreak#Tupelo, Mississippi, by a major tornado in 1936 that still ranks as one of the List of tornadoes causing 100 or more deaths, deadliest tornadoes in American history. Following electrification, Tupelo boomed as a regional manufacturing and distribution cen ...
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Methodist Le Bonheur Healthcare
Le Bonheur Children's Hospital is a 255-bed, tertiary care children's hospital located in Downtown Memphis, Tennessee. Le Bonheur has more than 700 medical staff representing 40 pediatric specialties. Approximately 170 patients per day are admitted, mostly from Tennessee and nearby states but also from around the world, mainly due to its nationally recognized brain tumor program, affiliation with St. Jude Children's Research Hospital and for being the home of the Children's Foundation Research Center. The hospital treats infants, children, teens, and young adults aged 0–21. Le Bonheur functions as the region's primary level 1 pediatric trauma center. The hospital cares for 14,000 patients every year, including about 81,000 visits to the emergency department a year and 8,800 surgeries per year. Le Bonheur also serves as a teaching hospital affiliated with the University of Tennessee Health Science Center and offers training in general pediatrics and pediatric subspecialties. ...
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Edward Jones Investments
Edward D. Jones & Co., L.P., (Doing business as, d.b.a. Edward Jones Investments), simplified as Edward Jones, is a financial services firm headquartered in St. Louis, Missouri. Founded in 1922, Edward Jones pioneered the branch-office brokerage model in the United States. In 2022, the firm had approximately 55,000 employees, $12.3 billion in revenue, and $2.2 trillion in assets under management. Background Edward Jones serves investment clients in the U.S. and Canada, through its branch network of more than 15,000 locations and 19,000 financial advisors. The company currently has relationships with nearly 9 million clients and $2.2 trillion in assets under management worldwide. The firm focuses solely on individual investors and business owners. The company is a subsidiary of The Jones Financial Companies, L.L.L.P., a LLLP, limited liability limited partnership owned only by its employees and retired employees and is not publicly traded. Edward Jones appointed Penny Pennington ...
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Penny Pennington
Penny Pennington (born October 24, 1963) is an American businesswoman serving since 2019 as the managing partner of Edward Jones Investments. Early life and education Penny Pennington was born in Nashville, Tennessee. She received a bachelor's degree in commerce with a concentration in finance from the University of Virginia and an MBA from Kellogg School of Management at Northwestern University. Career Pennington started her career with Edward Jones Investments in 2000 as a financial advisor in Livonia, Michigan. She was named a principal and moved to the company's St. Louis, Missouri headquarters in 2006. After her move to St. Louis, Pennington took on several senior leadership roles at Edward Jones. She served as a board member on the Edward Jones Trust Co. and on the executive, management and audit committees. Beginning in 2015, she was head of the client strategies group; overseeing products/services delivered to clients and research, trading and marketing. Pennington i ...
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Hopkinsville, Kentucky
Hopkinsville is a list of cities in Kentucky, home rule-class city in and the county seat of Christian County, Kentucky, United States. The population at the 2020 United States census, 2020 census was 31,180. History Early years The area of present-day Hopkinsville was initially claimed in 1796 by Bartholomew Wood as part of a grant for his service in the American Revolution. He and his wife Martha Ann moved from Jonesborough, Tennessee, first to a cabin near present-day W. Seventh and Bethel streets; then to a second cabin near present-day 9th and Virginia streets; and finally to a third home near 14th and Campbell. Following the creation of Christian County, Kentucky, Christian County the same year, the Woods donated of land and a half interest in their Old Rock Spring to form its seat of government in 1797. By 1798, a log courthouse, jail, and "stray pen" had been built; the next year, John Campbell and Samuel Means laid out the streets for "Christian Court House". The co ...
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El Dorado, Arkansas
El Dorado ( ) is a city in and the county seat of Union County, Arkansas, Union County, on the southern border of Arkansas, United States. According to the 2020 census, the population of the city is 17,755. El Dorado is headquarters of the Arkansas Oil and Gas Commission as well as Murphy USA, Deltic Timber Corporation and a DelekUS oil refinery. The city has a downtown arts district, the Murphy Arts District (MAD); a community college, South Arkansas College (SouthArk); and a multi-cultural arts center, South Arkansas Arts Center (SAAC). El Dorado is the population, cultural and business center of south central Arkansas. The city was the heart of the 1920s oil boom in the area. During World War II, it became a center of the chemical industry, which still plays a part in the economy, as do oil and timber. History Timeline * 1829, the territorial legislature took sections of Hempstead County, Arkansas, Hempstead and Clark County, Arkansas, Clark counties to establish Union Coun ...
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Hillsboro, Illinois
Hillsboro is a city in and the county seat of Montgomery County, Illinois, United States. The population was 5,902 at the 2020 census. History The community was founded in 1823 and incorporated on March 26, 1913. There is some doubt about the origin of the city's name. The local terrain is quite hilly, as a result of the drainage of the Shoal Creek (Illinois), Shoal Creek watershed, causing widespread belief that this is the name's source. Alternatively, there is the belief that it was named for Hillsborough, North Carolina, the home of some of the early settlers, including Hiram Rountree and John Nussman. Geography Hillsboro is located south of the center of Montgomery County at (39.164973, −89.484572). It is bordered to the east by Schram City, Illinois, Schram City and to the south by Taylor Springs, Illinois, Taylor Springs. Illinois Route 16 passes through the city center, leading west to Litchfield, Illinois, Litchfield and northeast to Pana, Illinois, Pana. Illinois ...
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Bartlett, Tennessee
Bartlett is a city in Shelby County, Tennessee, United States. The population was 57,786 at the 2020 U.S. Census. History Bartlett, originally called "Union Depot", first served as the last major Tennessean depot along the westward stagecoach route from Nashville. It later shifted to serve as a rail station after the stagecoach route was replaced by the Memphis & Ohio Railroad. An agricultural community gradually emerged around the depot and subsequent station that saw little growth until after the American Civil War. The community saw quick growth during Reconstruction, and by 1886 was home to a school, two gristmills, three churches, several general stores, and about 300 inhabitants. It had been officially incorporated on November 1, 1866, with a population of less than 100 under the inaugural mayorship of Bryan Wither. The city derived its name from Major Gabriel M. Bartlett, a planter and pioneer settler of the area, whose homeplace was located on the old Raleigh-Somervill ...
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Jim McKelvey
James Morgan McKelvey Jr. (born ) is an American billionaire businessman who co-founded Block, Inc. McKelvey was appointed as an independent director of the Federal Reserve Bank of St. Louis in January 2017. As of July 2023, his net worth was estimated at US$2 billion. Early life James Morgan McKelvey Jr. was born and raised in St. Louis, Missouri, and is an alumnus of Ladue Horton Watkins High School. He wrote and published a handbook on UCSD Pascal and Apple Pascal in 1986. After graduating from Washington University in St. Louis with a bachelors in economics and computer science, McKelvey worked as a contractor for IBM in Los Angeles and in St. Louis. At the same time, he worked as a glassblowing instructor and founded Disconcepts, a CD-cabinet manufacturer. Career Mira Conference Inc. In 1989, Jim McKelvey and a team of software engineers from Washington University, established Mira in St. Louis. Their inaugural product, a commercial document imaging system, was partly ...
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