Kenneth P. “Ken” Spencer

Kenneth P. Spencer, age seventy five passed away on May 3, 2014. He was the son of Charles Dewey and Obie Phillips Spencer. He is survived by his wife Peggy J. Spencer, a son Phillip Steven Spencer by a prior marriage, grandson Daniel Scott Spencer, sisters, Mildred Rowbotham, Harrison, Arkansas and Charlene Bollinger, Idaho Falls, Idaho. He was also survived by two brothers in law, J. D. Villines and Gene Rowbotham and many nieces and nephews. He was a member of the Jasper Methodist Church in Jasper, Arkansas and graduated from Jasper High School in 1956. Ken had many fond memories of the Jasper area and its residents, his teachers, and especially those with whom he grew up. He also attended Arkansas Tech at Russellville, Arkansas.
His adult employment spanned thirty-eight years in banking which began at the Newton County Bank in Jasper, Arkansas. He was employed at the Little Rock Branch of the Federal Reserve Bank of St. Louis at Little Rock before working eight years at Peoples Bank and Trust Company at Russellville, Arkansas. He was subsequently employed at the Federal Reserve Bank of St. Louis for twenty-eight years in Banking Supervision,
While at the St. Louis Federal Reserve Bank, he started his career as an assistant bank examiner trainee and advanced through the various examiner positions. He traveled and worked mainly in the Eighth Federal Reserve District; however, on numerous occasions was assigned out of District to assist other Federal regulatory agencies in various parts of the country on special examination assignments.
During this period, he attended many schools sponsored by various Federal Agencies, in addition to the Federal Reserve System, which included Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, Federal Home Loan Bank Board, and the Federal Bureau of Investigation. He graduated from The Graduate School of Banking - University of Wisconsin, Madison Wisconsin in 1982. He also served two annual sessions in a regulatory and supervisory capacity on the faculty of The School of Banking of the South, at Louisiana State University, Baton Rouge, Louisiana. He had also taught examiner credit schools at the Federal Reserve Bank of Chicago as well as the Federal Reserve Bank of St. Louis. He retired as a supervisory examiner at the Federal Reserve at the end of 1994.
After retirement, he volunteered briefly for Habitat for Humanity and then served as City Treasurer for the City of Weldon Spring, Missouri for approximately two years. He was active in the organization of the Federal Reserve Bank retiree's organization, and had served as a director and an officer. He was active for a number of years in the Highlands Subdivision in Weldon Spring, St. Charles County serving as a director and president for two years.
Ken leaves behind a loving wife, a son, a grandson, and many other dear friends and relatives. He will truly be missed.
Memorials may be made to St. Luke's Hospice or Harvester Christian Church.