Solarity Credit Union CEO, Mina Worthington, Appointed as Advisor to the Federal Reserve
The former NWCUA board member will serve on the 12th District Community Depository Institutions Advisory Council.
Mina Worthington, President and CEO of Washington-based Solarity Credit Union, has been appointed to the Federal Reserve’s 12th District Community Depository Institutions Advisory Council.
The Council provides observations, opinions, and advice to management of the Federal Reserve Bank of San Francisco and Members of the Board of Governors of the Federal Reserve System from the perspective of community depository institutions.
Worthington was one of a few select regional banking leaders named to the council. Her term became effective on Jan. 1 and she will hold the position for three years.
“It’s important that the Federal Reserve receives input from real, in-market observations on local market conditions across the country,” said Worthington. “I’m thrilled to represent both Solarity and the state of Washington in this important capacity.”
The Council contributes information on the local markets in the 12th District, which includes Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington, along with American Samoa, Guam, and the Commonwealth of Northern Mariana Islands.
“It’s important that credit union leaders are engaged with high-stakes players outside of the credit union industry, such as the Federal Reserve,” said Worthington. “Having a seat at those tables is important because it proves our relevance in the community financial institution space, and gives us perspective outside of the credit union industry. It is a privilege to have access to industry perspectives outside of the credit union space, as it serves to enrich our own outlook.”