Federal Reserve System

Organization
Board of Governors

December 31, 2006

Members

Term expires

January 31,

Ben S. Bernanke, Chairman1 ..... 2020

Donald L. Kohn, Vice Chairman1 . . 2016

Susan S. Bies ..................... 2012

Kevin M. Warsh .................. 2018

Randall S. Kroszner ............ 2008

Frederic S. Mishkin .............. 2014

Officers

Office of Board Members

Michelle A. Smith, Director

WinthropP. Hambley, Assistant to the

Board and Director for Congressional

Liaison

Rosanna Pianalto-Cameron, Assistant to

the Board for Public Information

David W. Skidmore, Assistant to the

Board

Laricke D. Blanchard, Special Assistant

to the Board for Congressional Liaison

Brian J. Gross, Special Assistant to the

Board for Congressional Liaison

Robert M. Pribble, Special Assistant to

the Board for Congressional Liaison

Legal Division

Scott G. Alvarez, General Counsel

Richard M. Ashton, Deputy General

Counsel

Kathleen M. O’Day, Deputy General

Counsel

Stephanie Martin, Associate General

Counsel

Ann Misback, Associate General Counsel

Katherine H. Wheatley, Associate

General Counsel

Kieran J. Fallon, Assistant General

Counsel

Stephen H. Meyer, Assistant G

Counsel

Patricia A. Robinson, Assistant 

Counsel

Cary K. Williams, Assistant Ge

Counsel

Office of the Secretary

Jennifer J. Johnson, Secretary

Robert deV. Frierson, Deputy 

Margaret M. Shanks, Associat

Secretary

Division of

International Finance

Karen H. Johnson, Director

Thomas A. Connors, Senior As

Director

Richard T. Freeman, Associate 

Steven B. Kamin, Associate Di

Dale W. Henderson, Senior Ad

Joseph E. Gagnon, Deputy Asso

Director

Michael P. Leahy, Deputy Asso

Director

D. Nathan Sheets, Deputy Asso

Director

Ralph W. Tryon, Deputy Assoc

Director

Jon W. Faust, Assistant Directo

Trevor A. Reeve, Assistant Dir

John Rogers, Assistant Director

Division of Monetary A

Vincent R. Reinhart, Director

Brian F. Madigan, Deputy Dire

James A. Clouse, Associate Dir

Deborah J. Danker, Associate 

William B. English, Associate 

Athanasios Orphanides, Senio

Cheryl L. Edwards, Deputy As

Director

Andrew T. Levin, Assistant Dir

William Nelson, Assistant Dire

Jonathan H. Wright, Assistant 

1. The designations as Chairman and Vice

Chairman expire on January 31, 2010, and June

22, 2010, respectively, unless the service of these

members of the Board terminates sooner.
Board of Governors—Continued

Division of Research

and Statistics

David J. Stockton, Director

Patrick M. Parkinson, Deputy Director

David W. Wilcox, Deputy Director

Myron L. Kwast, Senior Associate

Director

J. Nellie Liang, Associate Director

Lawrence Slifman, Associate Director

Charles S. Struckmeyer, Associate

Director

Alice Patricia White, Associate Director

Glenn B. Canner, Senior Adviser

David S. Jones, Senior Adviser

Stephen D. Oliner, Senior Adviser

S. Wayne Passmore, Deputy Associate

Director

David L. Reifschneider, Deputy

Associate Director

Janice Shack-Marquez, Deputy

Associate Director

William L. Wascher III, Deputy

Associate Director

Joyce K. Zickler, Deputy Associate

Director

Michael S. Cringoli, Assistant Director

and Chief

Michael S. Gibson, Assistant Director

and Chief

Diana Hancock, Assistant Director

and Chief

Robin A. Prager, Assistant Director

and Chief

Douglas W. Elmendorf, Assistant

Director

Daniel E. Sichel, Assistant Director

Mary M. West, Assistant Director

Division of Banking Supervision

and Regulation

Roger T. Cole, Acting Director

Steven M. Roberts, Senior Adviser

William F. Treacy, Adviser

Sarkis Yoghourtdjian, Adviser

Deborah P. Bailey, Associate Director

Norah M. Barger, Associate D

Betsy Cross, Associate Director

Gerald A. Edwards, Jr., Assoc

Director

Charles H. Holm, Associate Di

Jack P. Jennings II, Associate D

Robin L. Lumsdaine, Associate 

Peter J. Purcell, Associate Dir

Chief Technology Officer

William G. Spaniel, Associate 

Molly S. Wassom, Associate Di

David M. Wright, Associate Di

Barbara J. Bouchard, Deputy A

Director

James A. Embersit, Deputy Asso

Director

Jon D. Greenlee, Deputy Assoc

Director

Arthur W. Lindo, Deputy Asso

Director

William C. Schneider, Jr., Dep

Associate Director

Robert T. Ashman, Assistant D

Kevin M. Bertsch, Assistant D

Stacy Lee Coleman, Assistant 

Robert T. Maas, Assistant Dire

Nina A. Nichols, Assistant Dire

Dana E. Payne, Assistant Direct

Nancy J. Perkins, Assistant Dir

Sabeth I. Siddique, Assistant D

Division of Consumer

and Community Affairs

Sandra F. Braunstein, Directo

Glenn E. Loney, Deputy Direct

Leonard Chanin, Associate Dir

Adrienne D. Hurt, Associate C

and Adviser

Mary T. Johnsen, Associate Dir

Tonda E. Price, Associate Direc

Maryann F. Hunter, Adviser

Timothy R. Burniston, Assista

Suzanne G. Killian, Assistant 

Sheila F. Maith, Assistant Dire

James A. Michaels, Assistant D
Board of Governors—Continued

Division of

Reserve Bank Operations

and Payment Systems

Louise L. Roseman, Director

Jeffrey C. Marquardt, Deputy Director

Paul W. Bettge, Senior Associate

Director

Kenneth D. Buckley, Associate Director

Dorothy LaChapelle, Associate Director

Jack K. Walton II, Associate Director

Jeff J. Stehm, Deputy Associate Director

Gregory L. Evans, Assistant Director

Lisa Hoskins, Assistant Director

Michael J. Lambert, Assistant Director

Office of Staff Director

for Management

Stephen R. Malphrus, Staff Director for

Management

Sheila Clark, Equal Employment

Opportunity Programs Director

Lynn S. Fox, Senior Adviser

Management Division

H. Fay Peters, Director

Darrell R. Pauley, Deputy Director

Stephen J. Clark, Senior Associate

Director

Todd A. Glissman, Senior Associate

Director

Marsha W. Reidhill, Senior Associate

Director

Billy J. Sauls, Senior Associate Director

Donald A. Spicer, Senior Associate

Director

Christine M. Fields, Associate Director

James R. Riesz, Deputy Associate Director

Keith F. Bates, Assistant Director

Elaine M. Boutilier, Assistant Director

Tara C. Tinsley Jones, Assistant Director

Charles F. O’Malley, Assistant Director

Division of

Information Technology

Marianne M. Emerson, Directo

Maureen T. Hannan, Deputy D

Tillena G. Clark, Assistant Di

Geary L. Cunningham, Assista

Director

Wayne A. Edmondson, Assistan

Po Kyung Kim, Assistant Direct

Susan F. Marycz, Assistant Dir

Sharon L. Mowry, Assistant Di

Raymond Romero, Assistant Di

Jill R. Rosen, Assistant Directo

Office of Inspector Gen

Barry R. Snyder, Inspector Ge

Anthony J. Castaldo, Assistan

General

Elizabeth A. Coleman, Assista

Inspector General

Laurence A. Froehlich, Assist

Inspector General

William L. Mitchell, Assistan

General
Federal Open Market Committee

December 31, 2006

Members

Ben S. Bernanke, Chairman, Board of

Governors

Timothy F. Geithner, Vice Chairman,

President, Federal Reserve Bank of

New York

Susan Schmidt Bies, Board of Governors

Donald L. Kohn, Board of Governors

Randall S. Kroszner, Board of

Governors

Jeffrey M. Lacker, President, Federal

Reserve Bank of Richmond

Frederic S. Mishkin, Board of Governors

Sandra Pianalto, President, Federal

Reserve Bank of Cleveland

Kevin M. Warsh, Board of Governors

Janet L. Yellen, President, Federal

Reserve Bank of San Francisco

Alternate Members

Christine M. Cumming, First Vice

President, Federal Reserve Bank of

New York

Thomas M. Hoenig, President, Federal

Reserve Bank of Kansas City

Cathy E. Minehan, President, Federal

Reserve Bank of Boston

Michael H. Moskow, President, Federal

Reserve Bank of Chicago

William Poole, President, Federal

Reserve Bank of St. Louis

Officers

Vincent R. Reinhart, Secretary 

Economist

Deborah J. Danker, Deputy Se

Michelle A. Smith, Assistant S

David W. Skidmore, Assistant S

Scott G. Alvarez, General Cou

Thomas C. Baxter, Jr., Deputy 

Counsel

Karen H. Johnson, Economist

David J. Stockton, Economist

Thomas A. Connors, Associate 

Robert A. Eisenbeis, Associate 

John P. Judd, Associate Econom

Stephen B. Kamin, Associate E

Brian F. Madigan, Associate Ec

Mark S. Sniderman, Associate 

Charles S. Struckmeyer, Asso

Economist

Joseph S. Tracy, Associate Econ

John A. Weinberg, Associate E

David W. Wilcox, Associate Ec

Dino Kos, Manager, System Ope

Account

During 2006 the Federal Open M

mittee held eight regularly sched

ings (see ‘‘Minutes of Federal Op

Committee Meetings’’ in this vol
Federal Advisory Council

December 31, 2006

Members

District 1—James C. Smith, Chairman and

Chief Executive Officer, Webster Bank,

N.A. and Webster Financial Corporation,

Waterbury, Conn.

District 2—Thomas A. Renyi, Chairman

and Chief Executive Officer, The Bank of

New York, New York, N.Y.

District 3—Ted T. Cecala Chairman and

Chief Executive Officer, Wilmington Trust

Company, Wilmington, Del.

District 4—George A. Schaefer, Jr.,

President and Chief Executive Officer,

Fifth Third Bancorp, Cincinnati, Ohio.

District 5—G. Kennedy Thompson, Chairman, President, and Chief Executive Officer, Wachovia Corporation, Charlotte,

N.C.

District 6—Fred L. Green III, Vice Chairman, Synovus Financial Corporation,

Columbus, Ga.

District 7—Dennis J. Kuester, Chairman

and Chief Executive Officer, Marshall &

Ilsley Corporation, Milwaukee, Wis.

District 8—J. Kenneth Glass, Chairman,

President, and Chief Executive Officer,

First Horizon National Corporation,

Memphis, Tenn.

District 9—Lyle R. Knight, President and

Chief Executive Officer, First Interstate

BancSystem, Inc., Billings, Mont.

District 10—David C. Boyles, 

Guaranty Bank and Trust 

Denver, Colo.

District 11—James Goudge, Cha

Chief Executive Officer, Broad

San Antonio, Tex.

District 12—Richard M. Ko

Chairman, President, and Chief 

Officer, Wells Fargo and Com

Francisco, Calif.

Officers

Thomas A. Renyi, President

Dennis J. Kuester, Vice Preside

James E. Annable, Secretary

The Federal Advisory Council, 

statutory body established under 

Reserve Act, consults with, and a

Board of Governors on all matters 

Board’s jurisdiction. It is compo

representative from each Feder

District, chosen by the Reserve B

District. The Federal Reserve A

the council to meet in Washingto

least four times a year. In 2006

February 9–10, May 11–12, Sept

and November 30–December 1. T

met with the Board on February 1

September 8, and December 1, 20
Consumer Advisory Council

December 31, 2006

Members

Stella Adams, Executive Director, North

Carolina Fair Housing Center, Durham,

N.C.

Dennis L. Algiere, Senior Vice President,

The Washington Trust Company,

Westerly, R.I.

Faith L. Anderson, Vice President—Legal

Compliance and General Counsel, American Airlines Federal Credit Union,

Fort Worth, Tex.

Dorothy Bridges, Chief Executive Officer

and President, Franklin National Bank of

Minneapolis, Minneapolis, Minn.

Tony T. Brown, President and Chief

Executive Officer, Uptown Consortium,

Inc., Cincinnati, Ohio

Sheila Canavan, Consumer Attorney, Law

Office of Sheila Canavan, Moab, Utah

Carolyn Carter, Attorney, National Consumer Law Center, Boston, Mass.

Michael Cook, Vice President, Wal-Mart

Stores, Inc., Bentonville, Ark.

Donald S. Currie, Executive Director,

Community Development Corporation of

Brownsville, Brownsville, Tex.

Anne Diedrick, Senior Vice President,

JPMorgan Chase Bank, New York, N.Y.

Hattie B. Dorsey, President and Chief

Executive Officer, Atlanta Neighborhood

Development Partnership, Atlanta, Ga.

Kurt Eggert, Professor of Law and Director of Clinical Legal Education, Chapman

University School of Law, Orange, Calif.

Deborah Hickok, Vice President,

MoneyGram Payment Systems, Inc.,

Ooltewah, Tenn.

Sarah Ludwig, Director, Neighborhood

Economic Development Advocacy

Project, New York, N.Y.

Mark K. Metz, Senior Vice President and

Deputy General Counsel, Wachovia

Corporation, Charlotte, N.C.

Bruce B. Morgan, Chairman, President,

and Chief Executive Officer, Valley State

Bank, Roeland Park, Kans.

Lance Morgan, President, Ho-Chunk,

Incorporated, Winnebago Tribe of

Nebraska, Winnebago, Neb.

Joshua Peirez, Senior Vice Pre

Associate General Counsel, M

International, Purchase, N.Y.

Anna McDonald Rentschler

cer, Central Bancompany, Jeff

Mo.

Faith Arnold Schwartz, S

President, Enterprise Risk M

and Public Affairs, Option One 

Corporation, Washington, D.C

Mary Jane Seebach, Managin

Public Affairs, Countrywide 

Corporation, Calabasas, Calif.

Edward Sivak, Director of P

Evaluation, Enterprise Corpora

Delta, Jackson, Miss.

Paul J. Springman, Chief Mark

cer, Equifax, Atlanta, Ga.

Forrest F. Stanley, Senior Vic

and Deputy General Counsel

National Association, Clevelan

Anselmo Villarreal, Executiv

LaCasa de Esperanza, Inc., Wau

Alan White, Supervising Attor

munity Legal Services, Philade

Marva E. Williams, Senior Vice 

Woodstock Institute, Chicago, 

Officers

Lori Swanson, Chair, Solicito

Office of the Minnesota Atto

eral, St. Paul, Minn.

Lisa Sodeika, Vice Chair, Exec

President—Corporate Affair

North America Holdings, Inc

Heights, Ill.

The Consumer Advisory Counci

tory body established pursuant t

amendments to the Equal Credit O

Act—advises the Board of Go

consumer financial services. Its 

who are appointed by the Boar

demics, state and local governme

and representatives of the financ

industry and of consumer and 

interests. In 2006, the council met 

bers of the Board on March 30, Ju

October 26.
Thrift Institutions Advisory Council

December 31, 2006

Members

Frank E. Berrish, President and Chief

Executive Officer, Visions Federal Credit

Union, Endicott, N.Y.

Craig G. Blunden, Chairman, President,

and Chief Executive Officer, Provident

Savings Bank, FSB, Riverside, Calif.

Alexander R.M. Boyle, Vice Chairman,

Chevy Chase Bank, Bethesda, Md.

Jeffrey H. Farver, President and Chief

Executive Officer, San Antonio Federal

Credit Union, San Antonio, Tex.

A. Thomas Hood, President and Chief

Executive Officer, First Federal Savings

and Loan Association, Charleston, S.C.

Kenneth Koranda, President, Mid

America Bank, Downers Grove, Ill.

Arkadi Kuhlmann, Chairman, President,

and Chief Executive Officer, ING

DIRECT USA, Wilmington, Del.

David E. Poulsen, President and Chief

Executive Officer, American Express

Centurion Bank, Salt Lake City, Utah

George Jeffrey Records, Jr., Chairman

and Chief Executive Officer, MidFirst

Bank, Oklahoma City, Okla.

Steven Swiontek, Chairman, 

and Chief Executive Officer, 

Bank, Fargo, N.D.

David Russell Taylor, Pres

Chief Executive Officer, Rahw

Institution, Rahway, N.J.

Roy M. Whitehead, President 

Executive Officer, Washingto

Savings, Seattle, Wash.

Officers

Roy M. Whitehead, President

David Russell Taylor, Vice Pr

The Thrift Institutions Advisory C

established by the Board of Go

consult with, and advise, the Boar

pertaining to the thrift industry an

matters within the Board’s juris

members, who are appointed by 

represent credit unions, savings 

associations, and savings banks. I

council met with the Board on 

July 7, and December 8.
Federal Reserve Banks and Branches

December 31, 2006

Officers

BANK or Branch Chairman1

Deputy Chairman

President

First Vice President

Officer

in charge of 

BOSTON2 .............. Blenda J. Wilson

Lisa M. Lynch

Cathy E. Minehan

Paul M. Connolly

NEW YORK2 .......... John E. Sexton

Jerry I. Speyer

Timothy F. Geithner

Christine M.

Cumming

Buffalo .................. Alphonso O’NeilWhiteKausar Ham

PHILADELPHIA . . . . . . . Doris M. Damm

William F. Hecht

Charles I. Plosser

William H. Stone, Jr.

CLEVELAND2 . . . . . . . . . Charles E. Bunch

Tanny B. Crane

Sandra Pianalto

R. Chris Moore

Cincinnati . . . . . . . . . . . . . . . James M. Anderson Barbara B. H

Pittsburgh . . . . . . . . . . . . . . . Roy W. Haley Robert B. S

RICHMOND . . . . . . . . . . . . Thomas J. Mackell, Jr.

Theresa M. Stone

Jeffrey M. Lacker

Sarah G. Green

Baltimore ............... William C. Handorf David Beck

Charlotte . . . . . . . . . . . . . . . . Jim Lowry Jeffrey S. K

ATLANTA............... David M. Ratcliffe

V. Larkin Martin

Vacant

Patrick K. Barron3

Birmingham . . . . . . . . . . . . . W. Miller Welborn Lee C. Jone

Jacksonville.............. Linda H. Sherrer Christopher 

Miami. . . . . . . . . . . . . . . . . . . . Brian E. Keeley Juan del Bu

Nashville................. David Williams II Melvyn K. P

New Orleans. . . . . . . . . . . . . Ben Tom Roberts Robert J. M

CHICAGO2 ............. Miles D. White

John A. Canning, Jr.

Michael H. Moskow

Gordon Werkema

Detroit . . . . . . . . . . . . . . . . . . . Roger A. Cregg Glenn Hans

ST. LOUIS............... Walter L. Metcalfe, Jr.

Irl F. Engelhardt

William Poole

David A. Sapenaro

Little Rock............... Sonja Yates Hubbard Robert A. H

Louisville ................ John L. Huber Maria Gerw

Hampt

Memphis. . . . . . . . . . . . . . . . . Russell Gwatney Martha Peri

MINNEAPOLIS......... Frank L. Sims

James J. Hynes

Gary H. Stern

James M. Lyon

Helena . . . . . . . . . . . . . . . . . . . Dean Folkvord Samuel H. G
Officers—Continued

BANK or Branch Chairman1

Deputy Chairman

President

First Vice President

Officer

in charge of 

KANSAS CITY . . . . . . . . . Robert A. Funk

Lu M. Cordova

Thomas M. Hoenig

Richard K. Rasdall, Jr.

Denver . . . . . . . . . . . . . . . . . . . Thomas Williams Michael Orl

Oklahoma City .......... Richard K. Ratcliffe Chad Wilke

Omaha . . . . . . . . . . . . . . . . . . . James A. Timmerman Jason Hende

DALLAS . . . . . . . . . . . . . . . . Ray L. Hunt

Anthony R. Chase

Richard W. Fisher

Helen E. Holcomb

El Paso. . . . . . . . . . . . . . . . . . . Ron C. Helm Robert W. G

Houston. . . . . . . . . . . . . . . . . . Lupe Fraga Robert Smit

San Antonio ............. Elizabeth Chu Richter D. Karen D

SAN FRANCISCO2 .... David K.Y. Tang

T. Gary Rogers

Janet L. Yellen

John F. Moore

Los Angeles . . . . . . . . . . . . . James L. Sanford Mark L. Mu

Portland. . . . . . . . . . . . . . . . . . James H. Rudd Mary E. Lee

Salt Lake City . . . . . . . . . . . William C. Glynn Andrea P. W

Seattle. . . . . . . . . . . . . . . . . . . . Mic R. Dinsmore Mark A. Go

1. The chairman of a Federal Reserve Bank serves, by

statute, as Federal Reserve agent.

2. Additional offices of these Banks are located at

Windsor Locks, Connecticut; Utica at Oriskany, New

York; East Rutherford, New Jersey; Des M

Midway at Bedford Park, Illinois; and Pho

3. Served as acting president as of Oc

following the retirement of Jack Guynn.

Conference of Chairmen

The chairmen of the Federal Reserve Banks

are organized into the Conference of Chairmen, which meets to consider matters of

common interest and to consult with and

advise the Board of Governors. Such meetings, also attended by the deputy chairmen,

were held in Washington, D.C., on May 31

and June 1, and on November 29 and 30,

2006.

The members of the executive committee of the Conference of Chairmen during 2006 were John E. Sexton, chair; Charles

E. Bunch, vice chair; and Robert A. Funk,

member.

On November 30, the conference elected

its executive committee for 2007, naming

Robert A. Funk as chair; V. Larkin Martin as

vice chair; and Miles D. White as the third

member.

Conference of Presidents

The presidents of the Federa

Banks are organized into the 

of Presidents, which meets peri

consider matters of common in

to consult with and advise the 

Governors.

Cathy E. Minehan, president o

eral Reserve Bank of Boston, serv

of the conference in 2006, a

Pianalto, president of the Feder

Bank of Cleveland, served as 

Jacqueline P. Palladino, of th

Reserve Bank of Boston, served a

and Gregory L. Stefani, of th

Reserve Bank of Cleveland, serve

tant secretary.

On November 1, 2006, the 

elected Sandra Pianalto as chair f

and Jeffrey M. Lacker, president 

eral Reserve Bank of Richmon

chair.
Conference of

First Vice Presidents

The Conference of First Vice Presidents of

the Federal Reserve Banks was organized in

1969 to meet periodically for the consideration of operations and other matters.

Helen E. Holcomb, first vice president of

the Federal Reserve Bank of Dallas, served

as chair of the conference in 2006, and James

M. Lyon, first vice president of the Federal

Reserve Bank of Minneapolis, served as vice

chair. Harvey R. Mitchell, of the Federal

Reserve Bank of Dallas, served as secretary,

and Sheryl Britsch, of the Federal Reserve

Bank of Minneapolis, served as assistant

secretary.

Directors

Each Federal Reserve Bank has a ninemember board: three Class A and three

Class B directors, who are elected by the

stockholding member banks, and three

Class C directors, who are appointed by the

Board of Governors.

Class A directors represent the stockholding member banks in each Federal Reserve

District. Class B and Class C directors represent the public and are chosen with due, but

not exclusive, consideration to the interests

of agriculture, commerce, industry, services,

labor, and consumers; they may not be officers, directors, or employees of a

bank holding company. In additio

directors may not be stockhold

bank or bank holding company.

For the election of Class A an

directors, the member banks of 

eral Reserve District are clas

three groups. Each group, which 

banks with similar capitalization, 

Class A director and one Class 

Annually, the Board of Governors 

one of the Class C directors a

the board and Federal Reserve 

each District Bank, and it designa

Class C director as deputy chair.

Federal Reserve Branches have 

or seven directors, a majority of 

appointed by the parent Feder

Bank; the others are appointed by 

of Governors. One of the director

by the Board is designated annua

of the board of that Branch in 

prescribed by the parent Feder

Bank.

The chairs and deputy cha

Reserve Bank boards of directo

chairs of the Branches, are listed 

ceding table, titled ‘‘Officers.’’ Th

of the Banks and Branches are li

following table. For each directo

of directorship, the director’s prin

nizational affiliation, and the date 

tor’s term expires are shown.
Directors

Bank or Branch, Category

Name Title T

DISTRICT 1—BOSTON

Reserve Bank

Class A

Peter A. Blyberg ........... President and Chief Executive Officer,

Union Trust Company, Ellsworth, Maine

Ronald E. Logue ........... Chairman and Chief Executive Officer,

State Street Corporation, Boston, Massachusetts

Kathleen C. Marcum ....... President and Chief Executive Officer, Millbury

National Bank, Millbury, Massachusetts

Class B

Kirk P. Pond . . . . . . . . . . . . . . . . Former President, Chief Executive Officer,

and Chairman, Fairchild Semiconductor International,

South Portland, Maine

Robert K. Kraft ............. Chairman and Chief Executive Officer,

The Kraft Group, Foxborough, Massachusetts

Michael T. Wedge . . . . . . . . . . Former President and Chief Executive Officer,

BJ’s Wholesale Club, Inc., Natick, Massachusetts

Class C

Lisa M. Lynch .............. William L. Clayton Professor of International

Economic Affairs, The Fletcher School of Law

and Diplomacy, Tufts University, Medford,

Massachusetts

Samuel O. Thier, M.D. ..... Professor of Medicine and Professor of Health Care

Policy−Harvard Medical School, Massachusetts

General Hospital, Boston, Massachusetts

Blenda J. Wilson . . . . . . . . . . . Former President and Chief Executive Officer,

Nellie Mae Education Foundation,

Quincy, Massachusetts

DISTRICT 2—NEW YORK

Reserve Bank

Class A

Sanford I. Weill ............ Chairman Emeritus, Citigroup Inc., New York,

New York

Jill M. Considine ........... Chairman, The Depository Trust Company,

New York, New York

Charles V. Wait ............. President, Chief Executive Officer, and Chairman,

The Adirondack Trust Company,

Saratoga Springs, New York

Class B

Indra K. Nooyi ............. President and Chief Executive Officer,

PepsiCo, Inc., Purchase, New York

Richard S. Fuld, Jr. ......... Chairman and Chief Executive Officer,

Lehman Brothers, New York, New York

Jeffrey R. Immelt ........... Chairman and Chief Executive Officer,

General Electric Company, Fairfield, Connecticut
Directors—Continued

Bank or Branch, Category

Name Title T

Class C

Jerry I. Speyer .............. President and Chief Executive Officer, Tishman Speyer,

New York, New York

John E. Sexton . . . . . . . . . . . . . President, New York University, New York, New York 

Denis M. Hughes ........... President, New York State AFL-CIO, New York,

New York

Buffalo Branch

Appointed by the

Federal Reserve Bank

Maureen Torrey Marshall . . Vice President, Torrey Farms, Inc., Elba, New York 

Peter G. Humphrey ......... President and Chief Executive Officer,

Financial Institutions, Inc. and Five Star Bank,

Warsaw, New York

Vacancy ..................... 

Joseph J. Ashton ........... Regional Director−Region 9, United Auto Workers,

Amherst, New York

Appointed by the

Board of Governors

Alphonso O’Neil-White .... President and Chief Executive Officer,

HealthNow New York Inc., Buffalo, New York

James P. Laurito ............ President and Chief Executive Officer,

Rochester Gas and Electric Corporation and New

York State Electric and Gas Corporation, Rochester,

New York

Vacancy ..................... 

DISTRICT 3—PHILADELPHIA

Reserve Bank

Class A

Eugene W. Rogers .......... Director and Chief Executive Officer, Newfield

National Bank, Newfield, New Jersey

Wayne R. Weidner ......... Chairman, National Penn Bancshares, Inc.,

Boyertown, Pennsylvania

John G. Gerlach ............ President and Chief Executive Officer, Pocono

Community Bank, Stroudsburg, Pennsylvania

Class B

Garry L. Maddox ........... President and Chief Executive Officer, A. Pomerantz &

Company, Philadelphia, Pennsylvania

P. Coleman Townsend, Jr. . . Chairman and Chief Executive Officer, Townsends,

Inc., Wilmington, Delaware

Vacancy ..................... 

Class C

William F. Hecht ........... Retired Chairman, President, and Chief Executive

Officer, PPL Corporation, Allentown, Pennsylvania

Doris M. Damm ............ President and Chief Executive Officer, ACCU Staffing

Services, Cherry Hill, New Jersey

Charles P. Pizzi ............. President and Chief Executive Officer, Tasty

Baking Company, Philadelphia, Pennsylvania
Bank or Branch, Category

Name Title T

DISTRICT 4—CLEVELAND

Reserve Bank

Class A

Stephen P. Wilson .......... Chairman, President and Chief Executive Officer,

Lebanon Citizens National Bank, Lebanon, Ohio

Henry L. Meyer, III ........ Chairman and Chief Executive Officer,

KeyCorp, Cleveland, Ohio

Bick Weissenrieder ......... Chairman and Chief Executive Officer,

Hocking Valley Bank, Athens, Ohio

Class B

V. Ann Hailey . . . . . . . . . . . . . . Executive Vice President, Corporate Development,

Limited Brands, Columbus, Ohio

Les C. Vinney . . . . . . . . . . . . . . President and Chief Executive Officer,

STERIS Corporation, Mentor, Ohio

Edwin J. Rigaud ............ President and Chief Executive Officer,

Enova Partners, LLC, Cincinnati, Ohio

Class C

Tanny B. Crane ............. President and Chief Executive Officer, Crane Group

Company, Columbus, Ohio

Charles E. Bunch ........... Chairman and Chief Executive Officer,

PPG Industries, Inc., Pittsburgh, Pennsylvania

Alfred M. Rankin, Jr. ...... Chairman, President and Chief Executive Officer,

NACCO Industries, Inc., Cleveland, Ohio

Cincinnati Branch

Appointed by the

Federal Reserve Bank

Charlotte W. Martin ........ President and Chief Executive Officer, Great Lakes

Bankers Bank, Gahanna, Ohio

James H. Booth ............ President, Czar Coal Corporation, Lovely, Kentucky 

Janet B. Reid ............... Managing Partner, Global Lead Management

Consulting, Cincinnati, Ohio

Glenn D. Leveridge ........ President, Lexington Market, JPMorgan Chase Bank,

NA, Lexington, Kentucky

Appointed by the

Board of Governors

Charles Whitehead ......... Retired President, Ashland Inc. Foundation,

Covington, Kentucky

Herbert R. Brown . . . . . . . . . . Senior Vice President, Western and Southern Financial

Group, Cincinnati, Ohio

James M. Anderson ........ President and Chief Executive Officer, Cincinnati

Children’s Hospital Medical Center, Cincinnati, Ohio

Pittsburgh Branch

Appointed by the

Federal Reserve Bank

Kristine N. Molnar . . . . . . . . . Executive Vice President, WesBanco Bank, Inc.,

Wheeling, West Virginia
Directors—Continued

Bank or Branch, Category

Name Title T

Michael J. Hagan ........... President and Chief Executive Officer,

Iron and Glass Bank, Pittsburgh, Pennsylvania

Sunil T. Wadhwani ......... Chief Executive Officer and Co-founder,

iGATE Corporation, Pittsburgh, Pennsylvania

Georgiana N. Riley ......... President and Chief Executive Officer,

TIGG Corporation, Bridgeville, Pennsylvania

Appointed by the

Board of Governors

James I. Mitnick ............ Senior Vice President, Turner Construction Company,

Pittsburgh, Pennsylvania

Robert O. Agbede .......... President and Chief Executive Officer, ATS-Chester

Engineers, Inc., Pittsburgh, Pennsylvania

Roy W. Haley .............. Chairman and Chief Executive Officer, WESCO

International, Inc., Pittsburgh, Pennsylvania

DISTRICT 5—RICHMOND

Reserve Bank

Class A

Ernest J. Sewell ............ Senior Advisor, FNB Southeast, Greensboro,

North Carolina

Kathleen Walsh Carr ....... President, Cardinal Bank Washington, Washington,

D.C.

Hunter R. Hollar ........... President and Chief Executive Officer, Sandy Spring

Bancorp, Sandy Spring Bank, Olney, Maryland

Class B

Kenneth R. Sparks ......... President and Chief Executive Officer,

Ken Sparks Associates LLC, White Stone, Virginia

Harry M. Lightsey, III ...... State President−South Carolina, BellSouth,

Columbia, South Carolina

Dana S. Boole .............. President and Chief Executive Officer,

Community Affordable Housing Equity Corporation,

Raleigh, North Carolina

Class C

Lemuel E. Lewis . . . . . . . . . . . Director, Landmark Communications, Inc.,

Norfolk, Virginia

Theresa M. Stone ........... President (Retired), Lincoln Financial Media,

Greensboro, North Carolina

Thomas J. Mackell, Jr. ..... Warrenton, Virginia 

Baltimore Branch

Appointed by the

Federal Reserve Bank

Kenneth C. Lundeen ....... President, Environmental Reclamation Company,

Baltimore, Maryland

Michael L. Middleton ...... Chairman and President, Community Bank

of Tri-County, Waldorf, Maryland

Donald P. Hutchinson ...... President and Chief Executive Officer,

SunTrust Bank, Maryland, Baltimore, Maryland
Bank or Branch, Category

Name Title T

Biana J. Arentz ............. President and Chief Executive Officer,

Hemingway’s Inc., Stevensville, Maryland

Appointed by the

Board of Governors

William C. Handorf ........ Professor of Finance, George Washington University,

Washington, D.C.

William R. Roberts ......... President, Verizon Maryland Inc., Baltimore, Maryland 

Cynthia Collins Allner ..... Principal, Miles & Stockbridge P.C., Baltimore,

Maryland

Charlotte Branch

Appointed by the

Federal Reserve Bank

Michael C. Miller .......... Chairman and President, FNB Corp. and First National

Bank and Trust Company, Asheboro, North Carolina

Donald K. Truslow ......... Chief Risk Officer, Wachovia Corporation, Charlotte,

North Carolina

Barry L. Slider ............. President and Chief Executive Officer, First South

Bancorp, Inc., First South Bank,

Spartanburg, South Carolina

James H. Speed, Jr. ......... President and Chief Executive Officer, North Carolina

Mutual Life Insurance Company,

Durham, North Carolina

Appointed by the

Board of Governors

Jim Lowry . . . . . . . . . . . . . . . . . . Automotive Consultant, High Point,

North Carolina

Anthony J. DiGiorgio ...... President, Winthrop University, Rock Hill,

South Carolina

Linda L. Dolny . . . . . . . . . . . . . President, PML Associates, Inc., Greenwood,

South Carolina

DISTRICT 6—ATLANTA

Reserve Bank

Class A

William G. Smith, Jr. ...... Chairman, President, and Chief Executive Officer,

Capital City Bank Group, Inc., Tallahassee, Florida

James F. Beall .............. Chairman, President, and Chief Executive Officer,

Farmers & Merchants Bank, Centre, Alabama

L. Phillip Humann .......... Chairman and Chief Executive Officer, SunTrust

Banks, Inc., Atlanta, Georgia

Class B

Teri G. Fontenot ............ President and Chief Executive Officer,

Woman’s Hospital, Baton Rouge, Louisiana

Lee M. Thomas . . . . . . . . . . . . Past President and Chief Operating Officer,

Georgia-Pacific Corporation, Atlanta, Georgia

Egbert L.J. Perry ........... Chairman and Chief Executive Officer,

The Integral Group, LLC, Atlanta, Georgia
Directors—Continued

Bank or Branch, Category

Name Title T

Class C

D. Scott Davis .............. Chief Financial Officer and Vice Chairman, United

Parcel Service, Atlanta, Georgia

David M. Ratcliffe ......... Chairman, President, and Chief Executive Officer,

Southern Company, Atlanta, Georgia

V. Larkin Martin ........... Managing Partner, Martin Farm, Courtland, Alabama 

Birmingham Branch

Appointed by the

Federal Reserve Bank

Samuel F. Dodson .......... Business Manager, International Union of Operating

Engineers–Local 312, Birmingham, Alabama

Bobby A. Bradley .......... Managing Partner, Lewis Properties, LLC and

Anderson Investments, LLC, Huntsville, Alabama

John B. Barnett III ......... Monroeville President, BankTrust,

Monroeville, Alabama

John H. Holcomb III ....... Chairman and Chief Executive Officer, Alabama

National Bancorporation, Birmingham, Alabama

Appointed by the

Board of Governors

W. Miller Welborn ......... President, Welborn and Associates, Inc.,

Lookout Mountain, Tennessee

Maryam B. Head . . . . . . . . . . . President, Ram Tool and Supply Company, Inc.,

Birmingham, Alabama

James H. Sanford ........... Chairman of the Board, HOME Place Farms, Inc.,

Prattville, Alabama

Jacksonville Branch

Appointed by the

Federal Reserve Bank

Robert L. Fisher ............ President and Chief Executive Officer,

MacDill Federal Credit Union, Tampa, Florida

Ellen S. Titen ............... President, E.T. Consultants, Winter Park, Florida 

Jack B. Healan, Jr. ......... President, Amelia Island Plantation Company,

Amelia Island, Florida

Alan Rowe . . . . . . . . . . . . . . . . . . President and Chief Executive Officer,

First Commercial Bank of Florida,

Orlando, Florida

Appointed by the

Board of Governors

Linda H. Sherrer ........... President and Chief Executive Officer,

Prudential Network Realty, Jacksonville, Florida

H. Britt Landrum, Jr. ....... President and Chief Executive Officer,

Landrum Human Resource Companies, Inc.,

Pensacola, Florida

Fassil Gabremariam ........ President and Founder, US–Africa Free Enterprise

Education Foundation, Tampa, Florida
Bank or Branch, Category

Name Title T

Miami Branch

Appointed by the

Federal Reserve Bank

Miriam Lopez .............. Chairman and Chief Executive Officer,

TransAtlantic Bank, Miami, Florida

Dennis S. Hudson III . . . . . . . Chairman and Chief Executive Officer, Seacoast

Banking Corporation of Florida, Stuart, Florida

Francis V. Gudorf .......... President/Executive Director, Jubilee Community

Development Corporation, Miami, Florida

Thomas H. Shea . . . . . . . . . . . . Regional Chief Executive Officer–Florida/Caribbean,

Right Management, Fort Lauderdale, Florida

Appointed by the

Board of Governors

Brian E. Keeley ............ President and Chief Executive Officer,

Baptist Health South Florida, Coral Gables, Florida

Gay Rebel Thompson ...... President and Chief Executive Officer,

Cement Industries, Inc., Fort Myers, Florida

Edwin A. Jones, Jr. ......... President, Angus Investments, Inc.,

Port St. Lucie, Florida

Nashville Branch

Appointed by the

Federal Reserve Bank

James W. Spradley, Jr. ..... President and Chief Executive Officer,

Standard Candy Company, Inc., Nashville, Tennessee

Daniel A. Gaudette ......... Senior Vice President, North American Manufacturing

and Supply Chain Management, Nissan North

America, Inc., Smyrna, Tennessee

M. Terry Turner ............ President and Chief Executive Officer, Pinnacle

Financial Partners, Nashville, Tennessee

Michael B. Swain . . . . . . . . . . Chairman, First National Bank, Oneida, Tennessee 

Appointed by the

Board of Governors

David Williams II . . . . . . . . . . Vice Chancellor and General Counsel,

Vanderbilt University, Nashville, Tennessee

Debra K. London ........... President and Chief Executive Officer,

St. Mary’s Health System, Knoxville, Tennessee

Richard Q. Ford ............ President and Chief Executive Officer, The Sage Group,

Brentwood, Tennessee

New Orleans Branch

Appointed by the

Federal Reserve Bank

Lawrence E. Kurzius ....... President, U.S. Consumer Foods, McCormick &

Company, Incorporated, Baltimore, Maryland

Christel C. Slaughter ....... Partner, SSA Consultants, LLC, Baton Rouge, Louisiana 

David E. Johnson ........... Chairman and Chief Executive Officer, The First

Bancshares, Inc., and The First, A National Banking

Association, Hattiesburg, Mississippi

J. Herbert Boydstun ........ President and Chief Executive Officer,

Capital One, N.A., New Orleans, Louisiana
Directors—Continued

Bank or Branch, Category

Name Title T

Appointed by the

Board of Governors

Ben Tom Roberts ........... President, Roberts Brothers Commercial and Property

Management, Inc., Realtors, Mobile, Alabama

Dave Dennis . . . . . . . . . . . . . . . . President and Chief Executive Officer,

Specialty Contractors & Associates, Inc.,

Gulfport, Mississippi

Earl L. Shipp . . . . . . . . . . . . . . . President—Dow India, Middle East and Africa,

Global Vice President for Oxides and Glycols,

The Dow Chemical Company, Dubai,

United Arab Emirates

DISTRICT 7—CHICAGO

Reserve Bank

Class A

Michael L. Kubacki ........ Chairman, President, and Chief Executive Officer,

Lakeland Financial Corporation,

Warsaw, Indiana

Jeff Plagge .................. Chairman, Chief Executive Officer, and President,

Midwest Heritage Bank, Clive, Iowa

William A. Osborn ......... Chairman and Chief Executive Officer, Northern Trust

Corporation and The Northern Trust Company,

Chicago, Illinois

Class B

Mark T. Gaffney ............ President, Michigan AFL-CIO, Lansing, Michigan 

Vacancy ..................... 

Valerie B. Jarrett ........... Managing Director and Executive Vice President,

The Habitat Company, Chicago, Illinois

Class C

W. James Farrell ............ Retired Chairman and Chief Executive Officer,

Illinois Tool Works, Inc., Glenview, Illinois

Miles D. White ............. Chairman and Chief Executive Officer, Abbott,

Abbott Park, Illinois

John A. Canning, Jr. ........ Chairman and Chief Executive Officer,

Madison Dearborn Partners, LLC, Chicago, Illinois

Detroit Branch

Appointed by the

Federal Reserve Bank

Ralph W. Babb, Jr. ......... Chairman, President, and Chief Executive Officer,

Comerica Incorporated, Detroit, Michigan

Michael M. Magee, Jr. ..... President and Chief Executive Officer,

Independent Bank Corporation, Ionia, Michigan

Tommi A. White ........... Chief Executive Officer, ER-One, Inc.,

Livonia, Michigan

Linda S. Likely ............. Director of Housing & Community Development,

Kent County Community Development Department

& Housing Commission, Grand Rapids, Michigan
Bank or Branch, Category

Name Title T

Appointed by the

Board of Governors

Roger A. Cregg . . . . . . . . . . . . Executive Vice President and Chief Financial Officer,

Pulte Homes, Inc., Bloomfield Hills, Michigan

Irvin D. Reid . . . . . . . . . . . . . . . President, Wayne State University, Detroit, Michigan 

Timothy M. Manganello . . . Chairman and Chief Executive Officer, BorgWarner

Incorporated, Auburn Hills, Michigan

DISTRICT 8—ST. LOUIS

Reserve Bank

Class A

David R. Pirsein ............ President and Chief Executive Officer, First National

Bank in Pinckneyville, Pinckneyville, Illinois

Lewis F. Mallory, Jr. ....... Chairman and Chief Executive Officer,

Cadence Financial Corporation, Starkville,

Mississippi

J. Thomas May . . . . . . . . . . . . . Chairman and Chief Executive Officer,

Simmons First National Corporation, Pine Bluff,

Arkansas

Class B

A. Rogers Yarnell, II ....... President, Yarnell Ice Cream Company, Inc.,

Searcy, Arkansas

Paul T. Combs . . . . . . . . . . . . . . President, Baker Implement Company,

Kennett, Missouri

Jay Fitzsimmons . . . . . . . . . . . . Sr. Vice President of Finance and Treasurer,

Wal-Mart Stores, Inc., Bentonville, Arkansas

Class C

Walter L. Metcalfe, Jr. ..... Partner, Bryan Cave LLP, St. Louis, Missouri 

Irl F. Engelhardt ............ Chairman, Peabody Energy, St. Louis, Missouri 

Cynthia J. Brinkley ......... President, AT&T Missouri, St. Louis, Missouri 

Little Rock Branch

Appointed by the

Federal Reserve Bank

Raymond E. Skelton ....... Retired Regional President, U.S. Bank,

North Little Rock, Arkansas

Sharon Priest . . . . . . . . . . . . . . . Executive Director, The Downtown Partnership,

Little Rock, Arkansas

Robert A. Young III ........ Chairman, Arkansas Best Corporation,

Fort Smith, Arkansas

Phillip N. Baldwin ......... President and Chief Executive Officer, Southern

Bancorp, Arkadelphia, Arkansas

Appointed by the

Board of Governors

C. Sam Walls ............... Chief Executive Officer, Arkansas Capital Corporation,

Little Rock, Arkansas
Directors—Continued

Bank or Branch, Category

Name Title T

Sonja Yates Hubbard ....... Chief Executive Officer, E-Z Mart Stores, Inc.,

Texarkana, Texas

Cal McCastlain ............. Partner, Pender & McCastlain, P.A., Little Rock,

Arkansas

Louisville Branch

Appointed by the

Federal Reserve Bank

Gordon B. Guess . . . . . . . . . . . Chairman, President, and Chief Executive Officer,

The Peoples Bank, Marion, Kentucky

Steven E. Trager ........... Chairman and Chief Executive Officer, Republic

Bank & Trust Company, Louisville, Kentucky

L. Clark Taylor, Jr. ......... Chief Executive Officer, Ephraim McDowell Health,

Danville, Kentucky

John C. Schroeder .......... President, Wabash Plastics, Inc., Evansville, Indiana 

Appointed by the

Board of Governors

Norman E. Pfau, Jr. . . . . . . . . President and Chief Executive Officer, Geo. Pfau’s

Sons Company, Inc., Jeffersonville, Indiana

Gary A. Ransdell ........... President, Western Kentucky University,

Bowling Green, Kentucky

John L. Huber . . . . . . . . . . . . . . President and Chief Executive Officer,

Louisville Water Company, Louisville, Kentucky

Memphis Branch

Appointed by the

Federal Reserve Bank

David P. Rumbarger, Jr. .... President and Chief Executive Officer, Community

Development Foundation, Tupelo, Mississippi

Thomas G. Miller .......... President, Southern Hardware Company, Inc.,

West Helena, Arkansas

Levon Mathews ............ President, Regions Bank, Memphis, Tennessee 

Hunter Simmons ........... President and Chief Executive Officer,

First South Bank, Jackson, Tennessee

Appointed by the

Board of Governors

Russell Gwatney ........... President, Gwatney Companies, Memphis, Tennessee 

Charles S. Blatteis . . . . . . . . . . Member (Partner), The Bogatin Law Firm, PLC,

Memphis, Tennessee

Meredith B. Allen . . . . . . . . . . Vice President, Marketing, Staple Cotton Cooperative

Association, Greenwood, Mississippi

DISTRICT 9—MINNEAPOLIS

Reserve Bank

Class A

Douglas C. Morrison ....... Chief Financial Officer, Citibank (South Dakota) N.A.,

Sioux Falls, South Dakota

John H. Hoeven, Jr. . . . . . . . . Chairman, First Western Bank & Trust,

Minot, North Dakota

Peter J. Haddeland ......... President and Chief Executive Officer,

First National Bank, Mahnomen, Minnesota
Bank or Branch, Category

Name Title T

Class B

D. Greg Heineman ......... Chairman, Williams Insurance Agency,

Sioux Falls, South Dakota

Todd L. Johnson ............ President and Chief Executive Officer, Reuben

Johnson & Son, Inc. & Affiliated Companies,

Superior, Wisconsin

Randy Peterson ............. Facility Director, Lake Superior State University,

Sault Ste. Marie, Michigan

Class C

James J. Hynes . . . . . . . . . . . . . Executive Administrator, Twin City Pipe Trades

Service Association, St. Paul, Minnesota

Frank L. Sims . . . . . . . . . . . . . . Corporate Vice President, Transportation, Cargill, Inc.,

Wayzata, Minnesota

John W. Marvin . . . . . . . . . . . . Chairman and Chief Executive Officer, Marvin

Windows and Doors, Warroad, Minnesota

Helena Branch

Appointed by the

Federal Reserve Bank

Marilyn F. Wessel .......... Retired Dean and Director, Museum of the Rockies,

Bozeman, Montana

Joy N. Ott . . . . . . . . . . . . . . . . . . Regional President and Chief Executive Officer,

Wells Fargo Bank Montana, N.A., Billings, Montana

John L. Franklin ............ President and Chief Executive Officer, 1st Bank,

Sidney, Montana

Appointed by the

Board of Governors

Dean Folkvord .............. President and Chief Executive Officer, Wheat Montana

Farms and Bakery, Three Forks, Montana

Lawrence R. Simkins . . . . . . President, Washington Corporations, Missoula,

Montana

DISTRICT 10—KANSAS CITY

Reserve Bank

Class A

Mark W. Schifferdecker .... President and Chief Executive Officer, Girard National

Bank, Girard, Kansas

Robert C. Fricke ............ President and Chief Executive Officer, Farmers &

Merchants National Bank, Ashland, Nebraska

Rick L. Smalley ............ Chief Executive Officer, Dickinson Financial

Corporation, Kansas City, Missouri

Class B

Kevin K. Nunnink .......... Chairman, Integra Realty Resources, Westwood, Kansas 

Frank Moore ................ President, Spearhead Ranch Company,

Douglas, Wyoming

Dan L. Dillingham ......... Chief Executive Officer, Dillingham Insurance,

Enid, Oklahoma
Directors—Continued

Bank or Branch, Category

Name Title T

Class C

Robert A. Funk ............. Chairman and Chief Executive Officer,

Express Personnel Services, Oklahoma City,

Oklahoma

Terry L. Moore ............. President, Omaha Federation of Labor,

Omaha, Nebraska

Lu M. Cordova . . . . . . . . . . . . . Chief Executive Officer, Corlund Industries;

Chairman, CTEK Angels, Boulder, Colorado

Denver Branch

Appointed by the

Federal Reserve Bank

James A. Helzer ............ President and Chief Executive Officer,

Unicover Corporation, Cheyenne, Wyoming

John D. Pearson . . . . . . . . . . . . Real Estate Broker/Owner, Pearson Real Estate

Co., Inc., Buffalo, Wyoming

Michael R. Stanford ........ President and Chief Executive Officer,

First State Bancorporation,

Albuquerque, New Mexico

Bruce K. Alexander ........ President and Chief Executive Officer, Vectra Bank

Colorado, Denver, Colorado

Appointed by the

Board of Governors

Thomas Williams ........... President and Chief Executive Officer,

Williams Group LLC, Golden, Colorado

Kristy A. Schloss ........... President and Chief Executive Officer,

Schloss Engineered Equipment, Inc.,

Aurora, Colorado

Diane Leavesley ............ President, Mercy Loan Fund, Denver, Colorado 

Oklahoma City Branch

Appointed by the

Federal Reserve Bank

Barry H. Golsen ............ Board Vice-Chairman, President and Chief Operating

Officer, LSB Industries, Inc., Oklahoma City,

Oklahoma

Robert R. Gilbert, III ....... President, Chief Operating Officer, and Director,

The F&M Bank & Trust Company, Tulsa, Oklahoma

Terry M. Almon ............ President and Chief Executive Officer, Arkansas

Valley State Bank, Broken Arrow, Oklahoma

Fred M. Ramos . . . . . . . . . . . . . Executive Director, State Hispanic Chamber of

Commerce, Oklahoma City, Oklahoma

Appointed by the

Board of Governors

Richard K. Ratcliffe ........ Chairman, Ratcliffe’s Inc., Weatherford, Oklahoma 

Steven C. Agee ............. President, Agee Energy, LLC,

Oklahoma City, Oklahoma

Michael A. Cawley . . . . . . . . . President and Chief Operating Officer,

The Samuel Roberts Noble Foundation, Inc.,

Ardmore, Oklahoma
Bank or Branch, Category

Name Title T

Omaha Branch

Appointed by the

Federal Reserve Bank

Rodrigo Lopez .............. President and Chief Executive Officer, AmeriSphere

Multifamily Finance, LLC, Omaha, Nebraska

Michael J. Nelson .......... Chairman, FirsTier Bank, Kimball, Nebraska 

Cynthia Hardin Milligan . . . Dean–College of Business Administration,

University of Nebraska-Lincoln, Lincoln, Nebraska

Mark A. Sutko .............. President and Chief Executive Officer,

Platte Valley State Bank, Kearney, Nebraska

Appointed by the

Board of Governors

Charles R. Hermes ......... President, Dutton-Lainson Company,

Hastings, Nebraska

Lyn Wallin Ziegenbein . . . . . Executive Director, Peter Kiewit Foundation,

Omaha, Nebraska

James A. Timmerman . . . . . . Chief Financial Officer, Timmerman

and Sons Feeding Company,

Springfield, Nebraska

DISTRICT 11—DALLAS

Reserve Bank

Class A

Matthew T. Doyle . . . . . . . . . . Vice Chairman and Chief Executive Officer,

Texas First Bank, Texas City, Texas

David S. Barnard ........... Chairman and Chief Executive Officer, The

National Banks of Central Texas, Gatesville, Texas

Richard W. Evans, Jr. ...... Chairman and Chief Executive Officer,

Cullen/Frost Bankers, Inc., San Antonio, Texas

Class B

Judy Ley Allen ............. Partner, Allen Investments, Inc., Houston, Texas 

Robert A. Estrada .......... Chairman, Estrada Hinojosa & Company, Inc.,

Dallas, Texas

James B. Bexley . . . . . . . . . . . . Associate Professor, Finance, Sam Houston

State University, Huntsville, Texas

Class C

Anthony R. Chase .......... Chairman and Chief Executive Officer, ChaseCom, LP,

Houston, Texas

Ray L. Hunt . . . . . . . . . . . . . . . . Chairman, President, and Chief Executive Officer,

Hunt Consolidated, Inc., Dallas, Texas

James T. Hackett . . . . . . . . . . . Chairman, President, and Chief Executive Officer,

Anadarko Petroleum Corporation, Houston, Texas

El Paso Branch

Appointed by the

Federal Reserve Bank

Gerald J. Rubin ............. Chairman, President, and Chief Executive Officer,

Helen of Troy Limited, El Paso, Texas
Directors—Continued

Bank or Branch, Category

Name Title T

F. James Volk . . . . . . . . . . . . . . Regional President, State National Bank, El Paso, Texas 

Pete Cook . . . . . . . . . . . . . . . . . . . President and Chief Executive Officer, First National

Bank of Alamogordo, Alamogordo, New Mexico

Fred J. Loya . . . . . . . . . . . . . . . . Chairman, Fred Loya Insurance, El Paso, Texas 

Appointed by the

Board of Governors

William V. Flores .......... Provost, New Mexico State University,

Las Cruces, New Mexico

Cecilia Ochoa Levine ...... President, MFI International Mfg., LLC,

El Paso, Texas

Ron C. Helm . . . . . . . . . . . . . . . Owner, Helm Land and Cattle Company,

Van Horn, Texas

Houston Branch

Appointed by the

Federal Reserve Bank

Timothy N. Bryan .......... Chairman and Chief Executive Officer,

The First National Bank of Bryan, Bryan, Texas

Jodie L. Jiles ............... Managing Director, RBC Capital Markets,

Houston, Texas

S. Reed Morian ............. Chairman, President, and Chief Executive Officer,

DX Service Company, Inc., Houston, Texas

Peter G. Traber, M.D. ...... President and Chief Executive Officer, Baylor College

of Medicine, Houston, Texas

Appointed by the

Board of Governors

Nancy T. Chang ............ Chairman, Tanox, Inc., Houston, Texas 

Douglas L. Foshee ......... President and Chief Executive Officer,

El Paso Corporation, Houston, Texas

Lupe Fraga ................. Chairman and Chief Executive Officer, Tejas Office

Products, Inc., Houston, Texas

San Antonio Branch

Appointed by the

Federal Reserve Bank

Steven R. Vandegrift ....... Founder and President, SRV Holdings, Austin, Texas 

G.P. Singh . . . . . . . . . . . . . . . . . . Chairman and Chief Executive Officer,

Karta Technologies Inc., San Antonio, Texas

Matt F. Gorges ............. Chairman and Chief Executive Officer, Valley

International Cold Storage, Inc., Harlingen, Texas

Guillermo F. Trevino . . . . . . . Vice President, Southern Distributing,

Lorado, Texas

Appointed by the

Board of Governors

J. Dan Bates ................ President, Southwest Research Institute,

San Antonio, Texas

Ricardo Romo .............. President, The University of Texas at San Antonio,

San Antonio, Texas

Elizabeth Chu Richter ...... Chairman and Chief Executive Officer,

Richter Architects, Corpus Christi, Texas
Bank or Branch, Category

Name Title T

DISTRICT 12—SAN FRANCISCO

Reserve Bank

Class A

Kenneth P. Wilcox ......... President and Chief Executive Officer, Silicon

Valley Bank, Santa Clara, California

Richard W. Decker, Jr. ..... Chairman and Co-Founder, Belvedere Capital

Partners LLC, San Francisco, California

Candace Hunter Wiest ..... President and Chief Executive Officer, West Valley

National Bank, Avondale, Arizona

Class B

Barbara L. Wilson .......... Consultant; and Regional Vice President (Retired),

Qwest Corporation, Boise, Idaho

Jack McNally ............... Principal, JKM Consulting, Sacramento, California 

Karla S. Chambers . . . . . . . . . Vice President and Co-Owner, Stahlbush Island Farms,

Inc., Corvallis, Oregon

Class C

T. Gary Rogers ............. Chairman and Chief Executive Officer,

Dreyer’s Grand Ice Cream, Inc., Oakland, California

David K.Y. Tang ........... Partner, Preston Gates & Ellis LLP, Seattle, Washington 

Charles H. Smith . . . . . . . . . . . Former President and Chief Executive Officer,

AT&T West, San Ramon, California

Los Angeles Branch

Appointed by the

Federal Reserve Bank

D. Linn Wiley .............. President and Chief Executive Officer,

Citizens Business Bank, Ontario, California

Karen B. Caplan ............ President and Chief Executive Officer,

Frieda’s, Inc., Los Alamitos, California

Dominic Ng ................ Chairman, President and Chief Executive Officer,

East West Bank, Pasadena, California

Peter M. Thomas ........... Managing Partner, Thomas & Mack Co.,

Las Vegas, Nevada

Appointed by the

Board of Governors

Anita Santiago .............. Chief Executive Officer, Anita Santiago Advertising,

Santa Monica, California

James L. Sanford . . . . . . . . . . . Corporate Vice President and Treasurer, Northrop

Grumman Corporation, Los Angeles, California

Ann E. Sewill . . . . . . . . . . . . . . President, Community Foundation Land Trust,

California Community Foundation, Los Angeles,

California

Portland Branch

Appointed by the

Federal Reserve Bank

Robert D. Sznewajs ........ President and Chief Executive Officer,

West Coast Bancorp, Lake Oswego, Oregon

Alan V. Johnson ............ Regional President, Wells Fargo Bank, Portland,

Oregon
Directors—Continued

Bank or Branch, Category

Name Title T

William D. Thorndike, Jr. . . Chairman and President, Medford Fabrication,

Medford, Oregon

George J. Puentes .......... President, Don Pancho Authentic Mexican Foods, Inc.,

Salem, Oregon

Appointed by the

Board of Governors

David Y. Chen .............. Partner, OVP Venture Partners, Portland, Oregon 

James H. Rudd . . . . . . . . . . . . . Chief Executive Officer and Principal, Ferguson

Wellman Capital Management, Inc., Portland,

Oregon

Peter O. Kohler, M.D. ...... President, Oregon Health & Science University,

Portland, Oregon

Salt Lake City Branch

Appointed by the

Federal Reserve Bank

Annette K. Herman . . . . . . . . Vice President, Strategic Initiatives, Uniprise,

UnitedHealth Group, Salt Lake City, Utah

Michael M. Mooney . . . . . . . President, Farmers & Merchants Bank, A Bank of the

Cascades Company, Boise, Idaho

A. Scott Anderson .......... President and Chief Executive Officer, Zions Bank,

Salt Lake City, Utah

Deborah Bayle Nielsen ..... President and Chief Executive Officer,

United Way of Salt Lake, Salt Lake City, Utah

Appointed by the

Board of Governors

William C. Glynn .......... President, Intermountain Industries, Inc., Boise, Idaho 

Gary L. Crocker ............ Chairman of the Board, Merrimack Pharmaceuticals,

Inc., Salt Lake City, Utah

Clark D. Ivory .............. Chief Executive Officer, Ivory Homes, Ltd.,

Salt Lake City, Utah

Seattle Branch

Appointed by the

Federal Reserve Bank

Helvi K. Sandvik ........... President, NANA Development Corporation,

Anchorage, Alaska

Blake W. Nordstrom ....... President, Nordstrom, Inc., Seattle, Washington 

Kenneth M. Kirkpatrick .... President, Washington State, U.S. Bank,

Seattle, Washington

H. Stewart Parker .......... President and Chief Executive Officer, Targeted

Genetics Corporation, Seattle, Washington

Appointed by the

Board of Governors

David W. Wyckoff ......... Chairman and Chief Executive Officer,

Wyckoff Farms, Inc., Grandview, Washington

Mic R. Dinsmore . . . . . . . . . . . Chief Executive Officer, Port of Seattle,

Seattle, Washington

James R. Gill . . . . . . . . . . . . . . . President, Pacific Northwest Title Holding Company,

Seattle, Washington
Members of the Board of Governors, 1913–2006

Appointed Members

Name Federal Reserve

District

Date initially took

oath of office Other dates1

Charles S. Hamlin Boston Aug. 10, 1914 Reappointed in 1916 and 1926

until Feb. 3, 1936.2

Paul M. Warburg New York Aug. 10, 1914 Term expired Aug. 9, 1918.

Frederic A. Delano Chicago Aug. 10, 1914 Resigned July 21, 1918.

W.P.G. Harding Atlanta Aug. 10, 1914 Term expired Aug. 9, 1922.

Adolph C. Miller San Francisco Aug. 10, 1914 Reappointed in 1924. Reappoi

1934 from the Richmond D

Served until Feb. 3, 1936.2

Albert Strauss New York Oct. 26, 1918 Resigned Mar. 15, 1920.

Henry A. Moehlenpah Chicago Nov. 10, 1919 Term expired Aug. 9, 1920.

Edmund Platt New York June 8, 1920 Reappointed in 1928. Resigne

1930.

David C. Wills Cleveland Sept. 29, 1920 Term expired Mar. 4, 1921.

John R. Mitchell Minneapolis May 12, 1921 Resigned May 12, 1923.

Milo D. Campbell Chicago Mar. 14, 1923 Died Mar. 22, 1923.

Daniel R. Crissinger Cleveland May 1, 1923 Resigned Sept. 15, 1927.

George R. James St. Louis May 14, 1923 Reappointed in 1931. Served u

1936.3

Edward H. Cunningham Chicago May 14, 1923 Died Nov. 28, 1930.

Roy A. Young Minneapolis Oct. 4, 1927 Resigned Aug. 31, 1930.

Eugene Meyer New York Sept. 16, 1930 Resigned May 10, 1933.

Wayland W. Magee Kansas City May 18, 1931 Term expired Jan. 24, 1933.

Eugene R. Black Atlanta May 19, 1933 Resigned Aug. 15, 1934.

M.S. Szymczak Chicago June 14, 1933 Reappointed in 1936 and 1948

May 31, 1961.

J.J. Thomas Kansas City June 14, 1933 Served until Feb. 10, 1936.2

Marriner S. Eccles San Francisco Nov. 15, 1934 Reappointed in 1936, 1940, an

Resigned July 14, 1951.

Joseph A. Broderick New York Feb. 3, 1936 Resigned Sept. 30, 1937.

John K. McKee Cleveland Feb. 3, 1936 Served until Apr. 4, 1946.2

Ronald Ransom Atlanta Feb. 3, 1936 Reappointed in 1942. Died De

Ralph W. Morrison Dallas Feb. 10, 1936 Resigned July 9, 1936.

Chester C. Davis Richmond June 25, 1936 Reappointed in 1940. Resigne

1941.

Ernest G. Draper New York Mar. 30, 1938 Served until Sept. 1, 1950.2

Rudolph M. Evans Richmond Mar. 14, 1942 Served until Aug. 13, 1954.2

James K. Vardaman, Jr. St. Louis Apr. 4, 1946 Resigned Nov. 30, 1958.

Lawrence Clayton Boston Feb. 14, 1947 Died Dec. 4, 1949.

Thomas B. McCabe Philadelphia Apr. 15, 1948 Resigned Mar. 31, 1951.

Edward L. Norton Atlanta Sept. 1, 1950 Resigned Jan. 31, 1952.

Oliver S. Powell Minneapolis Sept. 1, 1950 Resigned June 30, 1952.

Wm. McC. Martin, Jr. New York Apr. 2, 1951 Reappointed in 1956. Term ex

Jan. 31, 1970.

A.L. Mills, Jr. San Francisco Feb. 18, 1952 Reappointed in 1958. Resigne

1965.

J.L. Robertson Kansas City Feb. 18, 1952 Reappointed in 1964. Resigne

1973.

C. Canby Balderston Philadelphia Aug. 12, 1954 Served through Feb. 28, 1966

Paul E. Miller Minneapolis Aug. 13, 1954 Died Oct. 21, 1954.
Appointed Members—Continued

Name Federal Reserve

District

Date initially took

oath of office Other dates1

Chas. N. Shepardson Dallas Mar. 17, 1955 Retired Apr. 30, 1967.

G.H. King, Jr. Atlanta Mar. 25, 1959 Reappointed in 1960. Resigne

1963.

George W. Mitchell Chicago Aug. 31, 1961 Reappointed in 1962. Served u

Feb. 13, 1976.2

J. Dewey Daane Richmond Nov. 29, 1963 Served until Mar. 8, 1974.2

Sherman J. Maisel San Francisco Apr. 30, 1965 Served through May 31, 1972

Andrew F. Brimmer Philadelphia Mar. 9, 1966 Resigned Aug. 31, 1974.

William W. Sherrill Dallas May 1, 1967 Reappointed in 1968. Resigne

1971.

Arthur F. Burns New York Jan. 31, 1970 Term began Feb. 1, 1970. Res

Mar. 31, 1978.

John E. Sheehan St. Louis Jan. 4, 1972 Resigned June 1, 1975.

Jeffrey M. Bucher San Francisco June 5, 1972 Resigned Jan. 2, 1976.

Robert C. Holland Kansas City June 11, 1973 Resigned May 15, 1976.

Henry C. Wallich Boston Mar. 8, 1974 Resigned Dec. 15, 1986.

Philip E. Coldwell Dallas Oct. 29, 1974 Served through Feb. 29, 1980

Philip C. Jackson, Jr. Atlanta July 14, 1975 Resigned Nov. 17, 1978.

J. Charles Partee Richmond Jan. 5, 1976 Served until Feb. 7, 1986.2

Stephen S. Gardner Philadelphia Feb. 13, 1976 Died Nov. 19, 1978.

David M. Lilly Minneapolis June 1, 1976 Resigned Feb. 24, 1978.

G. William Miller San Francisco Mar. 8, 1978 Resigned Aug. 6, 1979.

Nancy H. Teeters Chicago Sept. 18, 1978 Served through June 27, 1984

Emmett J. Rice New York June 20, 1979 Resigned Dec. 31, 1986.

Frederick H. Schultz Atlanta July 27, 1979 Served through Feb. 11, 1982

Paul A. Volcker Philadelphia Aug. 6, 1979 Resigned Aug. 11, 1987.

Lyle E. Gramley Kansas City May 28, 1980 Resigned Sept. 1, 1985.

Preston Martin San Francisco Mar. 31, 1982 Resigned Apr. 30, 1986.

Martha R. Seger Chicago July 2, 1984 Resigned Mar. 11, 1991.

Wayne D. Angell Kansas City Feb. 7, 1986 Served through Feb. 9, 1994.

Manuel H. Johnson Richmond Feb. 7, 1986 Resigned Aug. 3, 1990.

H. Robert Heller San Francisco Aug. 19, 1986 Resigned July 31, 1989.

Edward W. Kelley, Jr. Dallas May 26, 1987 Resigned Dec. 31, 2001.

Alan Greenspan New York Aug. 11, 1987 Resigned Jan. 31, 2006.

John P. LaWare Boston Aug. 15, 1988 Resigned Apr. 30, 1995.

David W. Mullins, Jr. St. Louis May 21, 1990 Resigned Feb. 14, 1994.

Lawrence B. Lindsey Richmond Nov. 26, 1991 Resigned Feb. 5, 1997.

Susan M. Phillips Chicago Dec. 2, 1991 Served through June 30, 1998

Alan S. Blinder Philadelphia June 27, 1994 Term expired Jan. 31, 1996.

Janet L. Yellen San Francisco Aug. 12, 1994 Resigned Feb. 17, 1997.

Laurence H. Meyer St. Louis June 24, 1996 Term expired Jan. 31, 2002.

Alice M. Rivlin Philadelphia June 25, 1996 Resigned July 16, 1999.

Roger W. Ferguson, Jr. Boston Nov. 5, 1997 Resigned Apr. 28, 2006.

Edward M. Gramlich Richmond Nov. 5, 1997 Resigned Aug. 31, 2005.

Susan S. Bies Chicago Dec. 7, 2001

Mark W. Olson Minneapolis Dec. 7, 2001 Resigned June 20, 2006.

Ben S. Bernanke Atlanta Aug. 5, 2002 Resigned June 21, 2005.

Donald L. Kohn Kansas City Aug. 5, 2002

Ben. S. Bernanke Atlanta Feb. 1, 2006

Kevin M. Warsh New York Feb. 22, 2006

Randall S. Kroszner Richmond Feb. 27, 2006

Frederic S. Mishkin Boston Sept. 5, 2006
Appointed Members—Continued

Name Term

Chairmen3

Charles S. Hamlin Aug. 10, 1914–Aug. 9, 1916

W.P.G. Harding Aug. 10, 1916–Aug. 9, 1922

Daniel R. Crissinger May 1, 1923–Sept. 15, 1927

Roy A. Young Oct. 4, 1927–Aug. 31, 1930

Eugene Meyer Sept. 16, 1930–May 10, 1933

Eugene R. Black May 19, 1933–Aug. 15, 1934

Marriner S. Eccles Nov. 15, 1934–Jan. 31, 1948 4

Thomas B. McCabe Apr. 15, 1948–Mar. 31, 1951

Wm. McC. Martin, Jr. Apr. 2, 1951–Jan. 31, 1970

Arthur F. Burns Feb. 1, 1970–Jan. 31, 1978

G. William Miller Mar. 8, 1978–Aug. 6, 1979

Paul A. Volcker Aug. 6, 1979–Aug. 11, 1987

Alan Greenspan Aug. 11, 1987–Jan. 31, 20065

Vice Chairmen3

Frederic A. Delano Aug. 10, 1914–Aug. 9, 1916

Paul M. Warburg Aug. 10, 1916–Aug. 9, 1918

Albert Strauss Oct. 26, 1918–Mar. 15, 1920

Edmund Platt July 23, 1920–Sept. 14, 1930

J.J. Thomas Aug. 21, 1934–Feb. 10, 1936

Ronald Ransom Aug. 6, 1936–Dec. 2, 1947

C. Canby Balderston Mar. 11, 1955–Feb. 28, 1966

J.L. Robertson Mar. 1, 1966–Apr. 30, 1973

George W. Mitchell May 1, 1973–Feb. 13, 1976

Stephen S. Gardner Feb. 13, 1976–Nov. 19, 1978

Frederick H. Schultz July 27, 1979–Feb. 11, 1982

Preston Martin Mar. 31, 1982–Apr. 30, 1986

Manuel H. Johnson Aug. 4, 1986–Aug. 3, 1990

David W. Mullins, Jr. July 24, 1991–Feb. 14, 1994

Alan S. Blinder June 27, 1994–Jan. 31, 1996

Alice M. Rivlin June 25, 1996–July 16, 1999

Roger W. Ferguson, Jr. Oct. 5, 1999–Apr. 28, 2006

Note: Under the original Federal Reserve Act, the

Federal Reserve Board was composed of five appointed

members, the Secretary of the Treasury (ex officio chairman of the Board), and the Comptroller of the Currency.

The original term of office was ten years; the five original

appointed members had terms of two, four, six, eight, and

ten years. In 1922 the number of appointed members was

increased to six, and in 1933 the term of office was raised

to twelve years. The Banking Act of 1935 changed the

name to the Board of Governors of the Federal Reserve

System and provided that the Board be composed of

seven appointed members; that the Secretary of the Treasury and the Comptroller of the Currency continue to

serve until Feb. 1, 1936; that the appointed members in

office on Aug. 23, 1935, continue to serv

1936, or until their successors were appo

qualified; and that thereafter the terms o

fourteen years and that the designation of 

Vice Chairman of the Board be for four ye

1. Date following ‘‘Resigned’’ and ‘‘Re

final day of service.

2. Successor took office on this date.

3. Before Aug. 23, 1935, Chairmen an

men were designated Governor and Vice G

4. Served as Chairman Pro Tempore 

1948, to Apr. 15, 1948.

5. Served as Chairman Pro Tempore f

1996, to June 20, 1996.
Ex Officio Members

Name Term

Secretaries of the Treasury

W.G. McAdoo Dec. 23, 1913–Dec. 15, 1918

Carter Glass Dec. 16, 1918–Feb. 1, 1920

David F. Houston Feb. 2, 1920–Mar. 3, 1921

Andrew W. Mellon Mar. 4, 1921–Feb. 12, 1932

Ogden L. Mills Feb. 12, 1932–Mar. 4, 1933

William H. Woodin Mar. 4, 1933–Dec. 31, 1933

Henry Morgenthau, Jr. Jan. 1, 1934–Feb. 1, 1936

Comptrollers of the Currency

John Skelton Williams Feb. 2, 1914–Mar. 2, 1921

Daniel R. Crissinger Mar. 17, 1921–Apr. 30, 1923

Henry M. Dawes May 1, 1923–Dec. 17, 1924

Joseph W. McIntosh Dec. 20, 1924–Nov. 20, 1928

J.W. Pole Nov. 21, 1928–Sept. 20, 1932

J.F.T. O’Connor May 11, 1933–Feb. 1, 1936