Article: Fifth Federal Reserve Bank Director Appointed

To: BUSINESS EDITORS

Contact: Laura Fortunato, Media Relations of the Federal Reserve Bank of Richmond, +1-804-697-8196

RICHMOND, Va., Aug. 8 /PRNewswire-USNewswire/ -- The Federal Reserve Board of Governors made the following appointment to the Federal Reserve Bank of Richmond's Board of Directors, effective immediately:

Margaret E. McDermid -- senior vice president and chief information

officer, Dominion Resources, Inc. -- was appointed as a Class C director

of the Richmond board to fill an unexpired term ending December 31, 2007.

Each Federal Reserve Bank has a nine-member board of directors. Three Class A and three Class B directors are elected to three-year terms by the stockholding ...

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