Dr. Edward Gramlich, Member of the Board of Governors of the Federal Reserve System, to Speak in Milwaukee on June 7 and 8
June 03 2005 - 6:08PM
PR Newswire (US)
Dr. Edward Gramlich, Member of the Board of Governors of the
Federal Reserve System, to Speak in Milwaukee on June 7 and 8
MILWAUKEE, June 3 /PRNewswire-FirstCall/ -- Dr. Edward Gramlich, a
member of the Board of Governors of the Federal Reserve System,
will be in Milwaukee June 7 and 8 to speak on the topics of
community reinvestment and Social Security reform. On Tuesday, June
7 at 7:00 p.m. CDT, Dr. Gramlich will address a community
redevelopment forum regarding proposed revisions to the Community
Reinvestment Act. The event will be held at Legacy Bancorp, 2102
West Fond du Lac Avenue. On Wednesday, June 8 at 7:30 a.m., Dr.
Gramlich will speak to representatives from the area's financial
services industry about Social Security reform. The breakfast will
be held at the University Club, 924 East Wells Street. Reporters
planning to attend either event must register in advance by calling
Sara Sherlund at (414) 765-7831 by June 7. The events are jointly
hosted by Legacy Bancorp and Marshall & Ilsley Corporation.
About Dr. Edward Gramlich Before becoming a member of the Board,
Dr. Gramlich served as Dean of the School of Public Policy at the
University of Michigan (1995-97). He also served as Professor of
Economics and Public Policy at the University of Michigan
(1976-97), chair of the Economics Department (1983-86 and 1989-90),
and Director of the Institute of Public Policy Studies (1979-83 and
1991-95). Dr. Gramlich has extensive governmental experience. From
1994 to 1996 he served as Chair of the Quadrennial Advisory Council
on Social Security, a body established to examine the actuarial
finances of Social Security and to suggest policy changes. From
1986 to 1987, Dr. Gramlich was both Deputy Director and Acting
Director of the Congressional Budget Office. He also was Director
of the Policy Research Division at the Office of Economic
Opportunity (1971 - 73), Senior Fellow at the Brookings Institution
(1973-76), and a staff member of the Research Division of the
Federal Reserve Board (1965-70). Dr. Gramlich also has a strong
research record on a wide range of issues. In 1992, he was the
staff director for the Economic Study Commission of major league
baseball. His popular text on benefit-cost analysis is in its
second edition; he has also written several books and many articles
on such topics as macroeconomics, budget policy, income
redistribution, fiscal federalism, social security and the
economics of professional sports. About Legacy Bancorp Legacy
Bancorp, Inc. is a privately held bank holding company located in
Milwaukee, Wis. and is the parent company of Legacy Bank. Legacy
Bank, with assets of $106 million, was chartered by the Wisconsin
Department of Financial Institutions on July 29, 1999. Legacy Bank,
Legacy Bancorp Inc. and Legacy Bank's community partner, Legacy
Redevelopment Corporation, are all certified by the United States
Department of the Treasury as Community Development Financial
Institutions. Legacy Bancorp, Inc.'s shareholders represent a
diverse group of individuals, business owners, religious
organizations, governmental bodies, banks, foundations, and major
corporations. Legacy Bank provides a full range of financial
services to its customers and community including commercial loans
and financial products, consumer depository and credit products,
and home mortgages. Legacy Bank was recently recognized by Black
Enterprise Magazine as one of the "BE 100s" as the 17th largest
minority owned bank in the country. About Marshall & Ilsley
Corporation Marshall & Ilsley Corporation (NYSE:MI) is a
diversified financial services corporation headquartered in
Milwaukee, Wis., with $41.6 billion in assets. Founded in 1847,
M&I Marshall & Ilsley Bank has the largest banking presence
in Wisconsin with 197 offices throughout the state. In addition,
M&I has 36 locations throughout Arizona; 12 offices in
metropolitan Minneapolis/St. Paul, Minn.; and, locations in Duluth,
Minn.; Las Vegas, Nev.; and, Naples and Bonita Springs, Fla.
M&I's Southwest Bank affiliate has six offices in the St. Louis
area and one office in Belleville, Ill. Metavante Corporation,
Marshall & Ilsley Corporation's wholly owned technology
subsidiary, provides virtually all of the technology an
organization needs to offer financial services. M&I also
provides trust and investment management, equipment leasing,
mortgage banking, asset-based lending, financial planning,
investments, and insurance services from offices throughout the
country and on the Internet ( http://www.mibank.com/ or
http://www.micorp.com/ ). M&I's customer-based approach,
internal growth, and strategic acquisitions have made M&I a
nationally recognized leader in the financial services industry.
DATASOURCE: Marshall & Ilsley Corporation CONTACT: Sara
Sherlund of Marshall & Ilsley Corporation, +1-414-765-7831 Web
site: http://www.micorp.com/ http://www.mibank.com/
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