ST. LOUIS--(BUSINESS WIRE)--Mar. 12, 2009--
John Pickering, chief operating officer of Cass Information Systems,
Inc.'sTransportation Information Services Division, has joined the
Transportation Industry Council of the Federal Reserve Bank of St. Louis.
In this role, Pickering will provide input to the St. Louis Fed on
economic conditions based on his exposure to industry trends and data,
such as that published through the Cass Freight Index®.
Pickering has been with Cass for more than thirty years. He has had
primary responsibility for the Transportation Information Services
division since 1990 to include management of its four processing sites
in St. Louis, Columbus, OH, Boston and Wellington, KS. Prior to joining
Cass in 1977, he held management positions with Emerson Electric
Company’s Transportation and Corporate Distribution divisions. In his
current role, he works with logistics industry executives throughout the
Fortune 1000.
The St. Louis Fed created four District Industry Councils in 2006. Each
council represents a specific industry that is critical to the Federal
Reserve's Eighth District and is designed to build a consistent and
dependable line of communication regarding economic conditions within
those industry sectors throughout the district.
About The Federal Reserve Bank of St. Louis
With branches in Little Rock, Louisville and Memphis, the Federal
Reserve Bank of St. Louis serves the Eighth Federal Reserve District,
which includes all of Arkansas, eastern Missouri, southern Indiana,
southern Illinois, western Kentucky, western Tennessee and northern
Mississippi. The St. Louis Fed is one of 12 regional Reserve banks that,
along with the Board of Governors in Washington, D.C., comprise the
Federal Reserve System. As the nation's central bank, the Federal
Reserve System formulates U.S. monetary policy, regulates
state-chartered member banks and bank holding companies, provides
payment services to financial institutions and the U.S. government, and
promotes community development and financial education.
About Cass Information Systems
Cass Information Systems, Inc. (NASDAQ: CASS) is the leading provider of
transportation, utility and telecom expense management and related
business intelligence services, disbursing $27 billion annually on
behalf of its clients. With total assets approaching $1 billion, Cass is
a thriving business process outsourcer focused on invoice processing,
auditing and payment services. Cass is uniquely supported by Cass
Commercial Bank, founded in 1906. Today, Cass Commercial Bank is a
wholly owned subsidiary, providing sophisticated financial exchange
services to the parent organization and its clients. More information is
available at http://www.cassinfo.com.
Source: Cass Information Systems, Inc.
Cass Information Systems, Inc.
Jackie Engel, 314-506-5976
jengel@cassinfo.com
or
Casey
Communications, Inc.
Kenn Entringer, 314-721-2828
kentringer@caseycomm.com
http://www.cassinfo.com