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Press Release

Federal Reserve Bank of Cleveland Announces Official Appointments in the Supervision and Regulation Department

The Federal Reserve Bank of Cleveland announced the following appointments, effective June 16, 2003

Douglas (Doug) Banks has been named vice president, supervision and regulation. His responsibilities have been expanded to include supervision of the safety and soundness of Fourth Federal Reserve District community banking organizations. Banks will continue to be responsible for supervising state-member banks' compliance with consumer protection and fair lending laws and regulations, along with assessing their performance under the Community Reinvestment Act.

Banks has been part of the Supervision and Regulation Department since 1986. He has served as manager of loans and discounts; manager of hiring, training, and development; director of value-added supervision; and banking supervisor of consumer compliance. He was appointed assistant vice president in 1999.
Banks has a bachelor of business administration degree with a major in accounting and finance from Miami University. He is also a certified public accountant.

Tracy Conn has been named assistant vice president, supervision and regulation, with responsibility for managing the support functions for the Bank’s Supervision and Regulation, Credit Risk Management, and Data Services departments. In particular, she will oversee strategic planning, budgeting, and quality control; internal and external communications; administrative support; and information technology. Conn will also assist in overseeing supervision of the District's regional financial institutions.

Conn joined the Bank in 1993 as an assistant examiner and worked for five years within the Credit Risk Management Department as a coordinator of Discount Window operations. In 1999, she became manager of the Data Services Department.

Prior to joining the Bank, Conn worked in the circulation department of the Akron Beacon Journal and served with the Army National Guard in Austintown, Ohio.

A native of Warren, Ohio, Conn has a bachelor's degree in finance from Kent State University and an MBA from The University of Akron.

Mark Meder has been named assistant vice president, supervision and regulation. Working out of the Bank’s Cincinnati Office, Meder is responsible for the supervision of banking organizations in southern Ohio and eastern Kentucky and for management of Supervision and Regulation staff based in Cincinnati.

Meder began his career at the Bank in 1993 as a field examiner in the Supervision and Regulation Department. He was later promoted to manager of the department’s strategic management section. Prior to joining the Bank, Meder managed the cost accounting department at a Cleveland manufacturing company.

Meder has a bachelor's degree in business administration from Cleveland State University and is a certified public accountant.

Nadine Wallman has been named assistant vice president, supervision and regulation, with responsibility for managing the department’s specialty supervision functions, which include capital markets, fiduciary, information technology, risk management, and the application and special studies section. Wallman will also assist with overseeing supervision of the District's largest banking organizations.

Wallman joined the Bank in 1995 as an assistant examiner in the Supervision and Regulation Department. In 2002, she became manager of the Department’s strategic management and resource allocation section.

Wallman, a Pittsburgh area resident, works out of the Bank’s Pittsburgh Office. She has a bachelor's degree in business administration and finance from John Carroll University and an MBA from Duquesne University in Pittsburgh.

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is one of 12 regional Reserve Banks that along with the Board of Governors in Washington DC comprise the Federal Reserve System. Part of the US central bank, the Cleveland Fed participates in the formulation of our nation’s monetary policy, supervises banking organizations, provides payment and other services to financial institutions and to the US Treasury, and performs many activities that support Federal Reserve operations System-wide. In addition, the Bank supports the well-being of communities across the Fourth Federal Reserve District through a wide array of research, outreach, and educational activities.

The Cleveland Fed, with branches in Cincinnati and Pittsburgh, serves an area that comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia.

Media contact

Doug Campbell, doug.campbell@clev.frb.org, 513.455.4479