San Francisco, California – The Federal Reserve Bank of San Francisco announced a new chair and the newest members of the Twelfth District’s Community Depository Institutions Advisory Council (CDIAC), whose three-year terms are effective January 1, 2020. Andrew J. Ryback, president and chief executive officer of Plumas Bank in Quincy, California, a current member of the Twelfth District’s CDIAC, has been appointed chair of the council for 2020, and will also serve as the San Francisco Fed’s representative on the national CDIAC.
The newest CDIAC members are: Simone Lagomarsino, president and chief executive officer of Luther Burbank Savings, Santa Rosa, California; Geoff Lundfelt, president and chief executive officer of Alaska USA Federal Credit Union in Anchorage, Alaska; and Eric Renaud, President and chief executive officer of Pima Federal Credit Union in Tucson, Arizona.
Andrew J. Ryback
Mr. Ryback is president, chief executive officer and director of Plumas Bank which he joined as controller in 2001. He was promoted to executive vice president and chief financial officer in 2005 and was appointed to his current position in 2011. Mr. Ryback is a certified public accountant and received his bachelor of science in business administration from California State University, Northridge. He is also a graduate of Pacific Coast Banking School.
Simone Lagomarsino
Ms. Lagomarsino joined Luther Burbank Savings and Luther Burbank Corporation in 2019 and serves as president and chief executive officer. Previously, she was president and chief executive officer of the Western Bankers Association/California Bankers Association, and director of Pacific Premier Bancorp from March 2017 to December 2018. Ms. Lagomarsino holds an MBA in finance from Claremont Graduate University and a bachelor’s in economics from Claremont McKenna College.
Geoff Lundfelt
Mr. Lundfelt is president and chief executive officer of Alaska USA Federal Credit Union, where he has held a variety of increasingly responsible positions for more than 21 years. Mr. Lundfelt serves on the board and as chairman of Alaska USA Insurance Brokers and as secretary of Alaska USA Mortgage Company. He received his bachelor’s degree from the University of Alaska, Fairbanks.
Eric Renaud
Mr. Renaud joined Pima Federal Credit Union in 2011 and became president and chief executive officer in 2015. Mr. Renaud began his career in financial services with a small regional commercial bank in upstate New York. He received his bachelor’s degree and master of science in business management from the State University of New York Institute of Technology in Utica, New York.
The remaining CDIAC members include:
Russell A. Colombo, president and chief executive officer, Bank of Marin, Novato, CA
Tamara Gurney, president and chief executive officer, Mission Valley Bank, Sun Valley, CA
Connie Miller, president and chief executive officer, Icon Credit Union, Boise, ID
James J. Schlotfeldt, president and chief executive officer, First Federal Savings & Loan, McMinnville, OR
Janet M. Silveria, president and chief executive officer, Community Bank of Santa Maria, Santa Maria, CA
Richard F. Wacker, president and chief executive officer, American Savings Bank, Honolulu, HI
Mina R. Worthington, president and chief executive officer, Solarity Credit Union, Yakima, WA
Established in 2010 by the Board of Governors, the Community Depository Institutions Advisory Council is a group that 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, payment issues and other issues of interest to community depository institutions.
The Federal Reserve Bank of San Francisco (SF Fed) works to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans. As part of the U.S. central bank, the SF Fed serves the Twelfth Federal Reserve District, which covers the nine western states—Alaska, Arizona, California, Hawai’i, Idaho, Nevada, Oregon, Utah, and Washington—plus American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. By pursuing our two key goals of maximum employment and price stability—known as the Fed’s dual mandate—we work toward supporting an economy that works for everyone.