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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/