Press Releases

San Francisco, California – The Federal Reserve Bank of San Francisco announced that Greg Becker, president and CEO of SVB Financial Group and CEO of Silicon Valley Bank, Santa Clara, CA, has been elected to the head office board of directors as a Class A director. Additionally, Arthur (Skip) Oppenheimer, chairman and CEO of Oppenheimer […]

The Federal Reserve Bank of San Francisco announced that Thomas Corrick, CEO of Boise Cascade Company, Boise, ID, has been appointed to the Salt Lake City Branch’s Board of Directors by the Board of Governors of the Federal Reserve System. Jas Krdzalic, president and CEO, Bodybuilding.com, Boise, ID, and O. Randall Woodbury, president and CEO, […]

The Federal Reserve Bank of San Francisco appointed Gale Castillo, president, Cascade Centers, Inc., Portland, OR, to the Portland Branch’s Board of Directors.  The San Francisco Fed also announced the following new designations: Charles A. Wilhoite, managing director at Willamette Management Associates, Portland, OR, has been appointed chair of the Branch’s Board of Directors for […]

The Federal Reserve Bank of San Francisco announced that West Mathison, president of Wenatchee-based Stemilt Growers LLC, has been redesignated chairman of the Seattle Branch Board of Directors for 2019. In addition, Mr. Mathison was reappointed to the Seattle Branch Board by the Board of Governors to a second three-year term. Cheryl B. Fambles, CEO of […]

The Federal Reserve Bank of San Francisco appointed Deborah Flint, CEO of Los Angeles World Airports, to its Los Angeles Branch Board of Directors for a three-year term, effective January 1, 2019. Additionally, Robert Gleason, president and CEO, Evans Hotels, San Diego, CA, has been redesignated by the Federal Reserve’s Board of Governors as the […]

San Francisco, California — The Federal Reserve Bank of San Francisco announced that Kristin Reinke, vice president, head of Google finance, Mountain View, CA has been appointed to the Bank’s Economic Advisory Council (EAC). Kristin Reinke Download high resolution photo (jpg, 75.9 kb) Additionally, Mary Pat Thompson, senior vice president of finance, MWI Animal Health/AmerisourceBergen, […]

San Francisco, California — The Federal Reserve Bank of San Francisco’s board of directors has reappointed James H. Herbert, II, chairman and CEO (Founder) of First Republic Bank, to represent the District on the Federal Advisory Council beginning January 1, 2019. Mr. Herbert was first appointed to the board of directors on April 1, 2018. […]

San Francisco, California — The Federal Reserve Bank of San Francisco announced that Russell A. Colombo, president and CEO, Bank of Marin, Novato, CA; James J. Schlotfeldt, president and CEO, First Federal Savings & Loan, McMinnville, OR; Janet M. Silveria, president and CEO, Community Bank of Santa Maria, Santa Maria, CA; Richard F. Wacker, president and […]

Cash remains the most frequently used payment instrument in the nation, according to a new report out of the Federal Reserve’s Cash Product Office. The 2017 Diary of Consumer Payment Choice found cash payments made up 30 percent of payments last year, more than any other payment instrument. Debit cards were used 27 percent of […]

San Francisco, California — The Board of Directors of the Federal Reserve Bank of San Francisco appointed Sylvain Leduc executive vice president and director of Economic Research, the Bank announced today. In this capacity, Leduc will oversee all research and analysis functions that support the development of monetary policy and that help further understanding of […]