Press Releases

In a slight decrease from 2017, cash became the second most frequently used payment instrument in the nation next to debit cards, according to a new Federal Reserve report on the 2019 Findings from the Diary of Consumer Payment Choice. The report shows that consumers used cash for 26 percent of payments in 2018, a […]

Zip Code Economies podcast shares unique and diverse stories from micro-economies within the Twelfth District San Francisco, California — The Federal Reserve Bank of San Francisco is launching a new podcast, Zip Code Economies, hosted by the Bank’s President and CEO, Mary C. Daly. The weekly podcast series uncovers stories of hope in unlikely places […]

San Francisco, California – The Federal Reserve Bank of San Francisco today announced that Becky B. Potts has joined the Bank as the new regional executive of the Salt Lake City Branch. Becky B. Potts Download high resolution photo (jpg, 572 kb) Potts will be responsible for working with members of the business and banking […]

Federal Reserve Banks’ Small Business Report Finds Strong Revenue and Employment Growth with Profitability Similar to Prior Year; Financing Demand Stable, Requests to Online Lenders Notably Increasing The 12 Federal Reserve Banks today issued the Small Business Credit Survey: 2019 Report on Employer Firms, which examines the findings of an annual survey of small business […]

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, […]