Philadelphia bank executive to speak at BU

Herb Taylor For immediate release: April 12, 2011

BLOOMSBURG — The vice president and corporate secretary of the Federal Reserve Bank of Philadelphia, Herb Taylor, will give a lecture, “What’s That Old Economics Book Worth?” Friday, April 22, at 1 p.m. in Bloomsburg University of Pennsylvania’s McCormick Center, room 2303. The lecture is free and open to the public.

As the Federal Reserve Bank of Philadelphia’s corporate secretary, Taylor is responsible for the administration of the bank’s board of directors and advisory councils. He began his career at the bank in 1981 as an economist and was later named the head of the research department’s macroeconomics and monetary policy unit. In 1991, he became the bank’s public affairs officer, responsible for outreach, media relations and public education programs.

Taylor received a bachelor’s degree in economics from La Salle University and a doctorate in economics from Temple University. A member of the National Association for Business Economics, he currently serves on the boards of Economics Pennsylvania, which supports economic and financial literacy in primary and secondary schools; the CFA Society of Philadelphia, a local chapter of the international organization for Chartered Financial Analysts; the Bond Club of Philadelphia; and the Global Interdependence Center.

The Federal Reserve Bank of Philadelphia supervises district banking organizations, supplies cash to depository institutions and collects and processes nearly 5 million checks daily. As one of 12 Federal Reserve Banks that form the Federal Reserve System, it helps set national monetary policy. The Federal Reserve Bank of Philadelphia serves eastern Pennsylvania, southern New Jersey and Delaware.

Bloomsburg University is one of 14 universities in the Pennsylvania State System of Higher Education. The university serves approximately 9,000 students, offering comprehensive programs of study in the colleges of Education, Business, Liberal Arts and Science and Technology.