Press Release:
Press Release
News Article April 2005
BALTIMORE, April 14 /PRNewswire/ -- The Federal Reserve Bank of Richmond has named Dave Beck senior vice president and branch manager of the Baltimore Office. In his new role, Beck oversees the District's check services and business development activities and all the Office's support functions, and joins the Bank's senior management team. Beck has been interim branch manager since late 2004 when his predecessor Senior Vice President William J. Tignanelli left the post to become regional check manager for the Federal Reserve System's Retail Payments Office.
"Dave will help expand the Bank's outreach activities and enhance community relationships in the Baltimore region," said Bank President Jeffrey Lacker. "Additionally, Dave's knowledge and experience in check operations is an asset and will be invaluable in leading our check function."
Beck joined the Baltimore Office as a budget and expense coordinator in 1984, and has held management positions in accounting, data services and cash services. He was named operations officer in 1995 and assistant vice president in 1996. In 1999, Beck became vice president with responsibility for cash and fiscal services, payment services and check processing. He has had leadership responsibilities for the District's check processing function since 2001.
A native of Manassas, Va., Beck received a bachelor of science degree in business administration from the University of Richmond and a master's degree in business administration and finance from Baltimore's Loyola College. He also is a graduate of the Maryland Banking School. Beck lives in Ellicott City, Md., with his wife Cecilia. The couple's son, Jeffrey, is a freshman student at Virginia Polytechnic Institute and State University in Blacksburg, Va.
The Federal Reserve Bank of Richmond is one of 12 Reserve Banks that together with the Board of Governors in Washington, D.C. make up the Federal Reserve System. The Richmond Fed is the headquarters for the Fifth Federal Reserve District, which includes the District of Columbia, Maryland, North Carolina, South Carolina, Virginia and most of West Virginia.
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