NWCUA Chairman Congratulates Barrick on Being Named to San Francisco Fed’s Community Depository Advisory Group

Northwest Credit Union Association (NWCUA) Chairman Bill Anderson, President & CEO of Mid Oregon Credit Union, Bend, Ore., yesterday congratulated Ronald A. Barrick, President & CEO of Advantis Credit Union, Milwaukie, Ore., on his appointment to the Federal Reserve Bank of San Francisco’s newly-formed Twelfth District Community Depository Institutions Advisory Council (CDIAC).

Barrick is one of nine members appointed to the council, which is drawn from communities across the nine-state Twelfth District. It will meet twice a year to provide input to the San Francisco Federal Reserve Bank’s senior management on a variety of topics, including economic and banking conditions, regulatory policies and payments issues.

“I am really excited about this opportunity to share the credit union perspective on the current economic climate and how to improve the economic health of our communities,” says Barrick. “I am looking forward to representing Advantis Credit Union and my credit union colleagues when I am sharing with the Federal Reserve what our members are actually experiencing on the ground and steps that might be taken to aid economic growth in the Pacific Northwest.”

The other northwest representative is William E. Castle, President & CEO of South Valley Bank and Trust of Klamath Falls, Ore.

“To have strong Northwest representation on this important advisory council will strengthen the region’s influence and increase the focus the San Francisco Fed has on our district,” said NWCUA President Troy Stang.

Members of the San Francisco Fed’s CDIAC, who will serve three-year terms, represent banks, thrift institutions and credit unions of various sizes within the Twelfth District. Kay Hoveland, President & CEO of Kaiser Federal Bank, Covina, Cali, will serve as the Twelfth District’s 2011 representative to meet twice a year with the Board of Governors in Washington, D.C.

Posted in Events, Federal, NWCUA.