SAN FRANCISCO--(BUSINESS WIRE)--The Federal Reserve Bank of San Francisco announced that Adriana M. Boeka, president and CEO, Americas United Bank, Glendale, CA; David E. Doss, president and CEO, Arizona State Credit Union, Phoenix, AZ; Janet A. Garufis, president and CEO, Montecito Bank & Trust, Santa Barbara, CA; Kent A. Steinwert, chairman, president and CEO, Farmers and Merchants Bank of Central California, Lodi, CA; and Stanley C. Wilmoth, president and CEO, Heritage Bank of Nevada, Reno, NV were appointed as the newest members of the Twelfth District’s Community Depository Institutions Advisory Council (CDIAC). CDIAC members generally serve a three-year term.
The CDIAC represents banks, thrift institutions, and credit unions of various sizes within the Twelfth District. The council provides input to the Bank’s senior management on a variety of topics, including economic and banking conditions, regulatory policies, and payment issues. It was established in 2010 by the Board of Governors to provide input to the Federal Reserve’s Board of Governors on the economy, lending conditions, and other issues of interest to community depository institutions.
The balance of the council includes:
John V. Evans, Jr., CEO, DL Evans Bank, Burley, ID.; Chairman CDIAC.
Melanie J. Dressel, president and CEO, Columbia Bank, Tacoma, WA.
Malcolm Hotchkiss, president and CEO, United Labor Bank, FSB, Oakland, CA.
Maria P. Kunac, president and CEO, San Diego Private Bank, La Jolla, CA.
Constance H. Lau, Chairman, American Savings Bank, Honolulu, HI.
Darin B. Moody, president and CEO, Utah First Federal Credit Union, Salt Lake City, UT.
Robert A. Stuart, president and CEO, OnPoint Community Credit Union, Portland, OR.
The Federal Reserve Bank of San Francisco, with branch offices in Los Angeles, Seattle, Salt Lake City, and Portland, and a cash processing office in Phoenix, provides wholesale banking services to financial institutions throughout the nine western states. As the nation’s central bank, the Federal Reserve System formulates monetary policy, serves as a bank regulator, administers certain consumer protection laws, and is fiscal agent for the U.S. government. Follow us on Twitter at twitter.com/sffedreserve.