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Directors of Federal Reserve Banks and Branches.

Directors of Federal Reserve Banks and Branches

Regional decentralization and a combination of governmental and private characteristics are important hallmarks of the uniqueness of the Federal Reserve System. Under the Federal Reserve Act, decentralization was achieved by division of the country into 12 Federal Reserve Districts and the establishment in each District of a separately incorporated Federal Reserve Bank with its own board of directors. The member banks in each District own the stock of their Reserve Bank and elect a majority of the board of directors of that Bank. The Board of Governors, an agency of the federal government, exercises general supervision over the Reserve Banks and appoints a minority of each board of directors of the Reserve Banks and their Branches. Thus, the Federal Reserve relies importantly in the conduct of the System's affairs on the regional participation and counsel of the directors of the Federal Reserve Banks and Branches.

The following list of directors of Federal Reserve Banks and Branches shows for each director the class of directorship, the principal business affiliation, and the date the current term expires. Each Federal Reserve Bank has nine members on its board of directors: the member banks elect the three Class A and three Class B directors, and the Board of Governors appoints the three directors in Class C. Directors are chosen without discrimination as to race, creed, color, sex, or national origin.

Class A directors of each Reserve Bank represent the stockholding member banks of the 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 any bank. In addition, Class C directors may not be stockholders of any bank. The Board of Governors designates annually one Class C director as chairman of the board of directors of each District Bank and designates another Class C director as deputy chairman.

Each of the 25 Branches of the Federal Reserve Banks has a board of either seven or five directors, a majority of whom are appointed by the parent Federal Reserve Bank; the others are appointed by the Board of Governors. One of the Board's appointees is designated annually as chairman of the board of that Branch in a manner prescribed by the parent Federal Reserve Bank.

The names of the chairman and deputy chairman of the Board of directors of each Reserve Bank and of the chairman of each Branch are published monthly in the FEDERAL RESERVE BULLETIN.(1) 1. The current list appears on page A85 of this BULLETIN.

DISTRICT 1--BOSTON

 Term

 expires
Class A
 Dec. 31
 Joel B. Alvord Chairman and Chief Executive Officer, Shawmut National
 1989
 Corporation, Hartford, Connecticut
 Richard D. Wardell President and Chief Executive Officer, National Iron Ban
k of 1990
 Salisbury, Salisbury, Connecticut
 William H. Chadwick President and Chief Executive Officer, The Howard Bank,
N.A., 1991
 Burlington, Vermont


Class B
 Richard M. Oster President and Chief Executive Officer, Cookson America,
Inc., 1989
 Providence, Rhode Island
 Stephen R. Levy Chairman and Chief Executive Officer, Bolt Beranek and N
ewman, 1990
 Inc., Cambridge, Massachusetts
 Edward H. Ladd President and Chief Executive Officer, Standish, Ayer an
d Wood, 1991
 Inc., Boston, Massachusetts


Class C
 Richard N. Cooper Maurits C. Boas Professor of International Economics, Ha
rvard 1989
 University, Cambridge, Massachusetts
 Richard L. Taylor President, Taylor Properties, Inc., Boston, Massachusett
s 1990
 George N. Hatsopoulos Chairman of the Board and President, Thermo Electron
 1991
 Corporation, Waltham, Massachusetts


DISTRICT 2--NEW YORK Class A
 Alberto M. Paracchini Chairman of the Board and President, Banco de Ponce,
 1989
 Ponce, Puerto Rico
 J. Kirby Fowler President and Chief Executive Officer, The Flemington Na
tional 1990
 Bank and Trust Company, Flemington, New Jersey
 John F. McGillicuddy Chairman of the Board and Chief Executive Officer, Manuf
acturers 1991
 Hanover Trust Company, New York, New York


Class B
 John A. Georges Chairman and Chief Executive Officer, International Pape
r, 1989
 New York, New York
 John F. Welch, Jr. Chairman and Chief Executive Officer, GE, Fairfield, Con
necticut 1990
 Richard L. Gelb Chairman and Chief Executive Officer, Bristol-Myers Comp
any, 1991
 New York, New York


Class C
 Cyrus R. Vance Presiding Partner, Simpson Thacher and Bartlett,
 1989
 New York, New York
 Ellen V. Futter President, Barnard College, Columbia University,
 1990
 New York, New York
 Maurice R. Greenberg President and Chief Executive Officer, American Internat
ional 1991
 Group, Inc., New York, New York


--BUFFALO BRANCH Appointed by the Federal Reserve Bank
 Harry J. Sullivan President, Salamanca Trust Company, Salamanca, New York
 1989
 Norman W. Sinclair Chairman and Chief Executive Officer, Lockport Savings B
ank, 1990
 Lockport, New York
 Richard H. Popp Operating Partner, Southview Farm, Castile, New York
 1991
 Robert G. Wilmers Chairman and Chief Executive Officer, Manufacturers and
Traders 1991
 Trust Company, Buffalo, New York


Appointed by the Board of Governors
 Matthew Augustine President and Chief Executive Officer, Eltrex Industries
, Inc., 1989
 Rochester, New York
 Paul E. McSweeney Executive Vice President, United Food and Commercial Wor
kers, 1990
 District Union Local One, AFL-CIO, Amherst, New York
 Mary Ann Lambertsen Vice President, Human Resources, The Quaker Oats Company
, 1991
 Fisher-Price Division, East Aurora, New York


DISTRICT 3--PHILADELPHIA Class A
 George A. Butler Chairman and Chief Executive Officer, First Pennsylva
nia Bank, 1989
 N.A., Philadelphia, Pennsylvania


Constantinos I. Costalas Chairman, President, and Chief Executive Officer, Glendale National 1990
 Bank of New Jersey, Voorhees, New Jersey
 Gary E. Burl President, Delaware National Bank, Georgetown, Delaware
 1991


Class B
 Carl E. Singley Partner, White, McClelland and Singley, Philadelphia, Pe
nnsylvania 1989
 Charles F. Seymour Chairman, Jackson-Cross Company, Philadelphia, Pennsylva
nia 1990
 Nicholas Riso Executive Vice President, AHOLD, U.S.A.,
 1990
 Harrisburg, Pennsylvania


Class C
 Peter A. Benoliel Chairman of the Board, Quaker Chemical Corporation,
 1989
 Conshohocken, Pennsylvania
 Jane G. Pepper President, The Pennsylvania Horticultural Society,
 1990
 Philadelphia, Pennsylvania
 Gunnar E. Sarsten Chairman, President, and Chief Executive Officer, United
 Engineers 1991
 and Constructors, Inc., Philadelphia, Pennsylvania


DISTRICT 4--CLEVELAND Class A
 Frank Wobst Chairman and Chief Executive Officer, Huntington Bancsha
res 1989
 Incorporated, Columbus, Ohio
 William H. May Chairman and President, First National Bank of Nelsonvil
le, 1990
 Nelsonville, Ohio
 William T. McConnell President, The Park National Bank, Newark, Ohio
 1991


Class B
 Laban P. Jackson, Jr. Chairman of the Board, Clearcreek Properties, Lexington,
 Kentucky 1989
 Verna K. Gibson President, The Limited Stores, Inc., Columbus, Ohio
 1990
 Daniel M. Galbreath President, John W. Galbreath and Company, Columbus, Ohio
 1991


Class C
 Charles W. Parry Director and Retired Chairman and Chief Executive Office
r, 1989
 Aluminum Company of America, Pittsburgh, Pennsylvania
 Robert D. Storey Partner, Burke, Haber and Berick, Cleveland, Ohio
 1990
 John R. Miller Former President and Chief Operating Officer, The Standa
rd Oil 1991
 Company (Ohio), Cleveland, Ohio


--CINCINNATI BRANCH Appointed by the Federal Reserve Bank
 Robert M. Duncan President, First National Bank of Louisa, Louisa, Kentuc
ky 1989
 Jack W. Buchanan President, Sphar and Company, Inc., Winchester, Kentucky
 1990
 Jerry L. Kirby Chairman of the Board, President, and Chief Executive Of
ficer, 1990
 Citizens Federal Savings and Loan Association, Dayton,
 Ohio
 Allen L. Davis President and Chief Executive Officer, The Provident Ban
k, 1991
 Cincinnati, Ohio


Appointed by the Board of Governors
 Owen B. Butler Chairman of the Board (Retired), The Procter and Gamble
 1989
 Company, Cincinnati, Ohio
 Marvin Rosenberg Partner, Towne Properties, Ltd., Cincinnati, Ohio
 1990
 Kate Ireland National Chairman, Frontier Nursing Service, Wendover, K
entucky 1991


--PITTSBURGH BRANCH Appointed by the Federal Reserve Bank
 Thomas G. Dove Chairman of the Executive Committee and Chief Executive
Officer, 1989
 Wheeling Dollar Bank, Wheeling, West Virginia
 George A. Davidson Chairman and Chief Executive Officer, Consolidated Natur
al Gas 1990
 Company, Pittsburgh, Pennsylvania
 Stephen C. Hansen President and Chief Executive Officer, Dollar Bank, F.S.
B., 1990
 Pittsburgh, Pennsylvania
 E. James Trimarchi President and Chief Executive Officer, First Commonwealt
h 1991
 Financial Corporation, Indiana, Pennsylvania


Appointed by the Board of Governors
 Karl M. von der Heyden Senior Vice President-Finance, and Chief Financial Offi
cer, 1989
 H.J. Heinz Company, Pittsburgh, Pennsylvania
 Milton A. Washington President and Chief Executive Officer, Allegheny Housin
g 1990
 Rehabilitation Corporation, Pittsburgh, Pennsylvania
 James E. Haas Chairman and Chief Executive Officer, Braishfield Assoc
iates, Inc., 1991
 New York, New York


DISTRICT 5--RICHMOND Class A
 Chester A. Duke President and Chief Executive Officer, Marion National B
ank, 1989
 Marion, South Carolina
 John F. McNair III President and Chief Executive Officer, Wachovia Bank and
 Trust 1990
 Company, N.A. and The Wachovia Corporation,
 Winston-Salem, North Carolina
 C.R. Hill, Jr. Chairman and President, M & M Financial Corporation and
 1991
 Merchants & Miners National Bank, Oak Hill, West Virgi
nia


Class B
 Thomas B. Cookerly President, Broadcast Division, Allbritton Communications
, 1989
 Washington, D.C.
 Jack C. Smith Chairman of the Board and Chief Executive Officer, K-VA-
T Food 1990
 Stores, Inc., Grundy, Virginia
 Edward H. Covell President, The Covell Company, Easton, Maryland
 1991


Class C
 Leroy T. Canoles, Jr. President, Kaufman & Canoles, Norfolk, Virginia
 1989
 Hanne Merriman President and Chief Executive Officer, Honeybee, Inc.,
 1990
 New York, New York
 Anne Marie Whittemore Partner, McGuire, Woods, Battle, and Boothe, Richmond, V
irginia 1991


--BALTIMORE BRANCH Appointed by the Federal Reserve Bank
 Charles W. Hoff III President and Chief Executive Officer, Farmers and Mecha
nics 1989
 National Bank, Frederick, Maryland
 Raymond V. Haysbert President and Chief Executive Officer, Parks Sausage Com
pany, 1990
 Baltimore, Maryland
 H. Grant Hathaway Chairman of the Board, Equitable Bank, N.A., Baltimore,
Maryland 1991
 Joseph W. Mosmiller Chairman of the Board, Loyola Federal Savings and Loan
 1991
 Association, Baltimore, Maryland


Appointed by the Board of Governors
 John R. Hardesty, Jr. President, Preston Energy, Inc., Kingwood, West Virginia
 1989
 Gloria L. Johnson Deputy Director of Administration, The Baltimore Museum
of Art, 1990
 Baltimore, Maryland
 Thomas R. Shelton President, Case Foods, Inc., Salisbury, Maryland
 1991


--CHARLOTTE BRANCH Appointed by the Federal Reserve Bank
 William Mckay President, First Federal Savings Bank, Hendersonville
, 1989
 North Carolina
 James M. Culberson, Jr. Chairman and President, The First National Bank of Ra
ndolph 1990
 County, Asheboro, North Carolina
 Crandall C. Bowles President, The Springs Company, Lancaster, South Caro
lina 1991
 James G. Lindley Chairman and Chief Executive Officer, South Carolina
National 1991
 Corporation, and Chairman, President and Chief Exec
utive Officer,
 The South Carolina National Bank, Columbia, South C
arolina


Appointed by the Board of Governors
 Anne M. Allen Vice President, Allen Construction Company, Greensboro,
 1989
 North Carolina
 William E. Masters President, Perception, Inc., Easley, South Carolina
 1990
 Harold D. Kingsmore President and Chief Operating Officer, Graniteville Comp
any, 1991
 Graniteville, South Carolina


DISTRICT 6--ATLANTA Class A
 Mary W. Walker Vice Chairman, The National Bank of Walton County,
 1989
 Monroe, Georgia
 E.B. Robinson, Jr. Chairman and Chief Executive Officer, Deposit Guaranty N
ational 1990
 Bank and Deposit Guaranty Corporation, Jackson, Missis
sippi
 Virgil H. Moore, Jr. Chairman and Chief Executive Officer, First Farmers and
Merchants 1991
 National Bank, Columbia, Tennessee


Class B
 Paul W. Green President and Chief Executive Officer, American Cast Iro
n Pipe 1989
 Company, Birmingham, Alabama
 Gary J. Chouest President and Chief Executive Officer, Edison Chouest Of
fshore, 1990
 Inc., Galliano, Louisiana
 Saundra H. Gray Co-Owner, Gemini Springs Farm, DeBary, Florida
 1991


Class C
 Bradley Currey, Jr. President, Rock-Tenn Company, Norcross, Georgia
 1989
 Edwin A. Huston Senior Executive Vice President-Finance, Ryder System, I
nc., 1990
 Miami, Florida
 Larry L. Prince President and Chief Operating Officer, Genuine Parts Com
pany, 1991
 Atlanta, Georgia


--BIRMINGHAM BRANCH Appointed by the Federal Reserve Bank
 John H. Newman, Jr. President and Chief Executive Officer, First National Ba
nk of 1989
 Scottsboro, Scottsboro, Alabama
 Harry B. Brock, Jr. Chairman and Chief Executive Officer, Central Bank of th
e South, 1990
 Birmingham, Alabama
 Shelton E. Allred Chairman, President, and Chief Executive Officer, Frit I
ndustries, 1991
 Inc., Ozark, Alabama
 William F. Childress President, First American Federal Savings and Loan Assoc
iation, 1991
 Huntsville, Alabama


Appointed by the Board of Governors
 Nelda P. Stephenson President, Nelda Stephenson Chevrolet, Inc., Florence, A
labama 1989
 A.G. Trammell President, Alabama Labor Council, AFL-CIO,
 1990
 Birmingham, Alabama
 Roy D. Terry President and Chief Executive Officer, Terry Manufacturi
ng 1991
 Company, Inc., Roanoke, Alabama


--JACKSONVILLE BRANCH Appointed by the Federal Reserve Bank
 A. Bronson Thayer Chairman and Chief Executive Officer, First Florida Bank
s, Inc., 1989
 Tampa, Florida
 Charles K. Cross, Sr. Chairman and President, Barnett Bank of Central Florida,
 N.A., 1990
 Orlando, Florida
 Perry M. Dawson President and Chief Executive Officer, Suncoast Schools
Federal 1991
 Credit Union, Tampa, Florida
 Samuel H. Vickers Chairman, President, and Chief Executive Officer, Design
 1991
 Containers, Inc., Jacksonville, Florida


Appointed by the Board of Governors
Lana Jane Lewis-Brent Vice Chairman, President, and Chief Executive Officer,
Sunshine Jr. 1989
 Stores, Inc., Panama City, Florida
Winnie F. Taylor Professor of Law, University of Florida, Gainesville, F
lorida 1990
Hugh M. Brown President and Chief Executive Officer, BAMSI, Inc., Tit
usville, 1991
 Florida


--MIAMI BRANCH Appointed by the Federal Reserve Bank
James H. Robinson President, Sun Bank/South Florida, N.A., Fort Lauderdal
e, Florida 1989
Robert M. Taylor Chairman and Chief Executive Officer, The Mariner Group
, Inc., 1990
 Fort Myers, Florida
Frederick A. Teed President and Chief Executive Officer, Community Saving
s, F.A., 1990
 Riviera Beach, Florida
Roberto G. Blanco Vice Chairman and Chief Financial Officer, Republic Nat
ional Bank 1991
 of Miami, Miami, Florida


Appointed by the Board of Governors
Jose L. Saumat Chairman, Kaufman and Roberts, Inc., Miami, Florida
 1989
Robert D. Apelgren President, Apelgren Corporation, Pahokee, Florida
 1990
Dorothy C. Weaver Vice President, Intercap Investments, Inc., Miami, Flor
ida 1991


--NASHVILLE BRANCH Appointed by the Federal Reserve Bank
James A. Rainey Chairman, Sovran Financial Corporation/Central South,
 1989
 Nashville, Tennessee
Lawrence A. Roseberry Chairman, First National Bank & Trust Company, and Chai
rman 1990
 and Chief Executive Officer, First Franklin Bancshare
s, Inc.,
 Athens, Tennessee
William Baxter Lee III Chairman and President, Southeast Services Corporation,
 1991
 Knoxville, Tennessee
Edwin W. Moats, Jr. Chairman and Chief Executive Officer, Metropolitan Fede
ral Savings 1991
 and Loan Association, Nashville, Tennessee


Appointed by the Board of Governors
Patsy R. Williams Partner, Rhyne Lumber Company, Newport, Tennessee
 1989
Victoria B. Jackson President and Chief Executive Officer, Diesel Sales and
 Service, 1990
 Inc. and Prodiesel, Inc., Nashville, Tennessee
Shirley A. Zeitlin President, Shirley Zeitlin and Co., Realtors, Nashville
, Tennessee 1991


--NEW ORLEANS BRANCH Appointed by the Federal Reserve Bank
Robert S. Gaddis President and Chief Executive Officer, Trustmark Nation
al Bank, 1989
 Laurel, Mississippi
Ronald M. Boudreaux President and Chief Executive Officer, First National B
ank of St. 1990
 Landry Parish, Opelousas, Louisiana
A.F. Delchamps, Jr. Chairman, President, and Chief Executive Officer, Delch
amps, Inc., 1991
 Mobile, Alabama
Stanley S. Scott President, Crescent Distributing Company, Harahan, Loui
siana 1991


Appointed by the Board of Governors
James A. Hefner President, Jackson State University, Jackson, Mississip
pi 1989
Caroline G. Theus President, Inglewood Land and Development Company,
 1990
 Alexandria, Louisiana
Andre M. Rubenstein Chairman, President, and Chief Executive Officer, Ruben
stein 1991
 Brothers, Inc., New Orleans, Louisiana


DISTRICT 7--CHICAGO Class A
B.F. Backlund Chairman and Chief Executive Officer, Bartonville Bank,
 1989
 Bartonville, Illinois
Barry F. Sullivan Chairman of the Board, First Chicago Corporation, Chica
go, Illinois 1990
John W. Gabbert President and Chief Executive Officer, First of America
 1991
 Bank-LaPorte, N.A., LaPorte, Indiana


Class B
Paul J. Schierl Chairman of the Board and Chief Executive Officer, Fort
 Howard 1989
 Corporation, Green Bay, Wisconsin
Edward D. Powers President, Fire Brick Engineers, Milwaukee, Wisconsin
 1990
Max J. Naylor President, Naylor Farms, Inc., Jefferson, Iowa
 1991


Class C
Robert J. Day Chairman and Chief Executive Officer, USG Corporation,
 1989
 Chicago, Illinois
Marcus Alexis Dean, College of Business Administration, University of
 Illinois at 1990
 Chicago, Chicago, Illinois
Charles S. McNeer Chairman of the Board and Chief Executive Officer, Wisc
onsin 1991
 Energy Corporation, Milwaukee, Wisconsin


--DETROIT BRANCH Appointed by the Federal Reserve Bank
Ronald D. Story Chairman and President, The Ionia County National Bank
of Ionia, 1989
 Ionia, Michigan
James A. Aliber Chairman of the Board and Chief Executive Officer, Firs
t Federal of 1990
 Michigan, Detroit, Michigan
Frederik G.H. Meijer Chairman of the Board, Meijer, Incorporated,
 1990
 Grand Rapids, Michigan
Robert J. Mylod Chairman, President, and Chief Executive Officer, Michi
gan 1991
 National Corporation, Farmington Hills, Michigan


Appointed by the Board of Governors
Richard T. Lindgren Birmingham, Michigan
 1989
Beverly Beltaire President, P R Associates, Inc., Detroit, Michigan
 1990
Phyllis E. Peters Director, Professional Standards Review, Touche Ross an
d 1991
 Company, Detroit, Michigan


DISTRICT 8--ST. LOUIS Class A
David W. Kemper II Chairman and Chief Executive Officer, Commerce Bank of
St. Louis, 1989
 N.A., Clayton, Missouri, and President and Chief Exec
utive Officer,
 Commerce Bancshares, Inc., Kansas City, Missouri
H.L. Hembree III Chairman of the Executive Committee, Merchants National
 Bank, 1990
 Fort Smith, Arkansas
Henry G. River President and Chief Executive Officer, First National B
ank of 1991
 Pinckneyville, Pinckneyville, Illinois


Class B
Frank M. Mitchener, Jr. President, Mitchener Farms, Inc., Sumner, Mississippi
 1989
Roger W. Schipke Senior Vice President, GE Appliances, General Electric
Company, 1990
 Louisville, Kentucky
Thomas F. McLarty III Chairman and Chief Executive Officer, Arkla, Inc., Litt
le Rock, 1991
 Arkansas


Class C
H. Edwin Trusheim Chairman and Chief Executive Officer, General American
Life 1989
 Insurance Company, St. Louis, Missouri
Janet McAfee Weakley President, Janet McAfee, Inc., Clayton, Missouri
 1990
Robert L. Virgil, Jr. Dean, John M. Olin School of Business, Washington Unive
rsity in 1991
 St. Louis, St. Louis, Missouri


--LITTLE ROCK BRANCH Appointed by the Federal Reserve Bank
Patricia M. Townsend President, Townsend Company, Stuttgart, Arkansas
 1989
David Armbruster President, First America Federal Savings Bank, Fort Smi
th, Arkansas 1990
W. Wayne Hartsfield President and Chief Executive Officer, First National B
ank, 1990
 Searcy, Arkansas
Barnett Grace President and Chief Executive Officer, First Commercial
 Bank, 1991
 N.A., Little Rock, Arkansas


Appointed by the Board of Governors
L. Dickson Flake President, Barnes, Quinn, Flake & Anderson, Inc.,
 1989
 Little Rock, Arkansas
William E. Love President, Sound-Craft Systems, Inc., Morrilton, Arkans
as 1990
James R. Rodgers Airport Manager, Little Rock Regional Airport, Little R
ock, Arkansas 1991


--LOUISVILLE BRANCH Appointed by the Federal Reserve Bank
Morton Boyd President, First Kentucky National Corporation, Louisvi
lle, Kentucky 1989
Irving W. Bailey II Chairman, President, and Chief Executive Officer, Capit
al Holding 1990
 Corporation, Louisville, Kentucky
Wayne G. Overall, Jr. President, First Federal Savings Bank, Elizabethtown, K
entucky 1990
Douglas M. Lester Chairman, President, and Chief Executive Officer, Trans
 Financial 1991
 Bancorp, Inc., Bowling Green, Kentucky


Appointed by the Board of Governors
Thomas A. Alvey Delegate, Owensboro Council of Labor, Owensboro, Kentuc
ky 1989
Raymond M. Burse President, Kentucky State University, Frankfort, Kentuc
ky 1990
Lois H. Gray Chairman of the Board, James N. Gray Construction Compa
ny, 1991
 Inc., Glasgow, Kentucky


--MEMPHIS BRANCH Appointed by the Federal Reserve Bank
Michael J. Hennessey President, Munro and Company, Inc., Wynne, Arkansas
 1989
Thomas M. Garrott President and Chief Operating Officer, National Bank of
 Commerce 1990
 and National Commerce Bancorporation, Memphis, Tennes
see
Larry A. Watson Chairman of the Board and President, Liberty Federal Sa
vings 1990
 Bank, Paris, Tennessee
Ray U. Tanner Chairman and Chief Executive Officer, Jackson National
Bank and 1991
 Volunteer Bancshares, Inc., Jackson, Tennessee


Appointed by the Board of Governors
Sandra B. Sanderson President and Chief Executive Officer, Sanderson Plumbi
ng 1989
 Products, Inc., Columbus, Mississippi
Seymour B. Johnson Owner, Kay Planting Company, Indianola, Mississippi
 1990
Katherine Hinds Smythe President, Memorial Park, Inc., Memphis, Tennessee
 1991


DISTRICT 9--MINNEAPOLIS Class A
Charles W. Ekstrum President and Chief Executive Officer, First National B
ank, 1989
 Philip, South Dakota
Joel S. Harris President, Yellowstone Holding Company, Columbus, Monta
na 1990
James H. Hearson III Chairman of the Board and Chief Executive Officer, Nati
onal City 1991
 Bank, Minneapolis, Minnesota


Class B
Bruce C. Adams Partner, Triple Adams Farms, Lansford, North Dakota
 1989
Earl R. St. John, Jr. President and Owner, St. John Forest Products, Inc.,
 1990
 Spalding, Michigan
Duane E. Dingmann President, Trubilt Auto Body, Inc., Eau Claire, Wiscons
in 1991


Class C
Michael W. Wright Chairman, President, and Chief Executive Officer, Super
 Valu 1989
 Stores, Inc., Minneapolis, Minnesota
Delbert W. Johnson President and Chief Executive Officer, Pioneer/Norelkot
e, 1990
 Minneapolis, Minnesota
John A. Rollwagen Chairman and Chief Executive Officer, Cray Research Inc
., 1991
 Minneapolis, Minnesota


--HELENA BRANCH Appointed by the Federal Reserve Bank
F. Charles Mercord President and Managing Officer, First Federal Savings B
ank of 1989
 Montana, Kalispell, Montana
Noble E. Vosburg President and Chief Executive Officer, Pacific Hide and
 Fur 1990
 Corporation, Great Falls, Montana
Robert H. Waller President and Chief Executive Officer, First Interstate
 Bank of 1990
 Billings, N.A., Billings, Montana


Appointed by the Board of Governors
Warren H. Ross President, Ross 8-7 Ranch, Inc., Chinook, Montana
 1989
John F. Gardner President, Montana Resources, Inc., Butte, Montana
 1990


DISTRICT 10--KANSAS CITY Class A
Harold L. Gerhart, Jr. President and Chief Executive Officer, First National B
ank, 1989
 Newman Grove, Nebraska
Roger L. Reisher Co-Chairman, FirstBank Holding Company of Colorado,
 1990
 Lakewood, Colorado
Robert L. Hollis Chairman of the Board and Chief Executive Officer, Firs
t National 1991
 Bank and Trust Co., Okmulgee, Oklahoma


Class B
Richard D. Harrison Chairman and Chief Executive Officer, Fleming Companies
, Inc., 1989
 Oklahoma City, Oklahoma
S. Dean Evans, Sr. Partner, Evans Grain Company, Salina, Kansas
 1990
Frank J. Yaklich, Jr. President, CF & I Steel Corporation, Pueblo, Colorado
 1991


Class C
Fred W. Lyons, Jr. President and Chief Executive Officer, Marion Laborator
ies, Inc., 1989
 Kansas City, Missouri
Thomas E. Rodriguez President and General Manager, Thomas E. Rodriguez &
 1990
 Associates, P.C., Aurora, Colorado
Burton A. Dole, Jr. Chairman and President, Puritan-Bennett Corporation,
 1991
 Overland Park, Kansas


--DENVER BRANCH Appointed by the Federal Reserve Bank
Henry A. True III Partner, True Companies, Casper, Wyoming
 1989
Junius F. Baxter Chairman of the Board and Chief Executive Officer, Bank
 Western, 1990
 a Federal Savings Bank, Denver, Colorado
Norman R. Corzine President and Chief Executive Officer, First National B
ank in 1991
 Albuquerque and First National Financial Corporation,
 Albuquerque, New Mexico
W. Richard Scarlett III Chairman and Chief Executive Officer, Jackson State Ban
k, 1991
 Jackson Hole, Wyoming


Appointed by the Board of Governors
James C. Wilson Management Consultant, Longmont, Colorado
 1989
Gilbert Sanchez President, New Mexico Highlands University,
 1990
 Las Vegas, New Mexico
Barbara B. Grogan President, Western Industrial Contractors, Inc., Denver
, Colorado 1991


--OKLAHOMA CITY BRANCH Appointed by the Federal Reserve Bank
William H. Crawford Chairman and Chief Executive Officer, First National Ba
nk and 1989
 Trust Company, Frederick, Oklahoma
W. Dean Hidy Chairman of the Board, Triad Bank, N.A., Tulsa, Oklahom
a 1990
John Wm. Laisle President, MidFirst Savings and Loan Association,
 1990
 Oklahoma City, Oklahoma


Appointed by the Board of Governors
Patience S. Latting Oklahoma City, Oklahoma
 1989
John F. Snodgrass President and Trustee, The Samuel Roberts Noble Foundat
ion, Inc., 1990
 Ardmore, Oklahoma


--OMAHA BRANCH Appointed by the Federal Reserve Bank
John T. Selzer President, Scottsbluff National Bank and Trust Company,
 1989
 Scottsbluff, Nebraska
Charles H. Thorne Chairman of the Board, First Federal Savings and Loan A
ssociation 1989
 of Lincoln, Lincoln, Nebraska
John R. Cochran President and Chief Executive Officer, Norwest Bank Neb
raska, 1990
 N.A., Omaha, Nebraska


Appointed by the Board of Governors
Kenneth L. Morrison President, Morrison Enterprises, Hastings, Nebraska
 1989
Herman Cain President and Chief Executive Officer, Godfather's Pizz
a, Inc., 1990
 Omaha, Nebraska


DISTRICT 11--DALLAS Class A
Robert G. Greer Chairman of the Board, Tanglewood Bank, N.A., Houston,
Texas 1989
T. C. Frost Chairman of the Board, The Frost National Bank,
 1990
 San Antonio, Texas
Charles T. Doyle Chairman and Chief Executive Officer, Gulf National Ban
k, 1991
 Texas City, Texas


Class B
Gary E. Wood President, Texas Research League, Austin, Texas
 1989
Robert L. Pfluger Rancher, San Angelo, Texas
 1990
Charles Dickie Chairman of the Board and Chief Executive Officer,
 1991
Williamson Williamson-Dickie Manufacturing Company, Fort Worth, Te
xas


Class C
Leo E. Linbeck, Jr. Chairman and Chief Executive Officer, Linbeck Construct
ion 1989
 Corporation, Houston, Texas
Bobby R. Inman Chairman of the Board and Chief Executive Officer,
 1990
 Westmark Systems Inc., Austin, Texas
Hugh G. Robinson President, Cityplace Development Corporation, Dallas, T
exas 1991


EL PASO BRANCH Appointed by the Federal Reserve Bank
David L. Stone President, The Portales National Bank, Portales, New Me
xico 1989
Henry B. Ellis President and Chief Credit Officer, MBank El Paso, N.A.
, 1990
 El Paso, Texas
Ethel Ortega Olson Owner, NAMBE of Ruidoso, Ruidoso, New Mexico
 1990
Humberto F. Sambrano President, SamCorp General Contractors, El Paso, Texas
 1991


Appointed by the Board of Governors
W. Thomas Beard III President, Leoncita Cattle Company, Alpine, Texas
 1989
Diana S. Natalicio President, The University of Texas at El Paso, El Paso,
 Texas 1990
Donald G. Stevens Owner, Stevens Oil Company, Roswell, New Mexico
 1991


HOUSTON BRANCH Appointed by the Federal Reserve Bank
Jenard M. Gross President, Gross Builders, Inc., Houston, Texas
 1989
Clive Runnells President and Director, Runnells Cattle Company, Bay Ci
ty, Texas 1990
David E. Sheffield Vice Chairman, Texas National Bank of Victoria, Victori
a, Texas 1990
Jeff Austin, Jr. President, First National Bank of Jacksonville, Jackson
ville, Texas 1991


Appointed by the Board of Governors
Walter M. Mischer, Jr. President and Chief Operating Officer, The Mischer Corp
oration, 1989
 Houston, Texas
Andrew L. Jefferson, Jr. Attorney, Jefferson and Mims, Houston, Texas
 1990
Gilbert D. Gaedcke, Jr. Chairman of the Board and Chief Executive Officer, Gaed
cke 1991
 Equipment Company, Houston, Texas


SAN ANTONIO BRANCH Appointed by the Federal Reserve Bank
C. Ivan Wilson Chairman of the Board and Chief Executive Officer, Firs
t City Bank 1989
 of Corpus Christi, Corpus Christi, Texas
Javier Garza Executive Vice President, The Laredo National Bank, Lar
edo, Texas 1990
Sam R. Sparks President, Sam R. Sparks, Inc., Progreso, Texas
 1990
Jane Flato Smith Investor and Rancher, San Antonio, Texas
 1991


Appointed by the Board of Governors
Lawrence E. Jenkins Vice President (Retired), Austin Division, Lockheed Mis
siles and 1989
 Space Co., Inc., Austin, Texas
Vacancy
 1990
Roger R. Hemminghaus Chairman and Chief Executive Officer, Diamond Shamrock
 1991
 R&M, Inc., San Antonio, Texas


DISTRICT 12--SAN FRANCISCO Class A
Rayburn S. Dezember Chairman of the Board and Chief Executive Officer, Cent
ral Pacific 1989
 Corporation, and Chairman, American National Bank,
 Bakersfield, California
R. Blair Hawkes President and Chief Executive Officer, Ireland Bank, Ma
lad City,
 Idaho
 1990
William E.B. Siart Chairman of the Board, President, and Chief Executive O
fficer, 1991
 First Interstate Bank of California, Los Angeles, Calif
ornia


Class B
John C. Hampton President and Chief Executive Officer, Willamina Lumber
 Company, 1989
 Portland, Oregon
John N. Nordstrom Co-Chairman of the Board, Nordstrom, Inc., Seattle, Was
hington 1990
William L. Tooley Chairman, Tooley & Company, Investment Builders,
 1991
 Los Angeles, California


Class C
Robert F. Erburu Chairman of the Board and Chief Executive Officer, The
Times 1989
 Mirror Company, Los Angeles, California
Cordell W. Hull Executive Vice President and Director, Bechtel Group, I
nc., 1990
 San Francisco, California
Carolyn S. Chambers President and Chief Executive Officer, Chambers Communi
cations 1991
 Corp., Eugene, Oregon


LOS ANGELES BRANCH Appointed by the Federal Reserve Bank
Fred D. Jensen Chairman of the Board, President, and Chief Executive O
fficer, 1989
 National Bank of Long Beach, Long Beach, California
Ross M. Blakely Chairman of the Executive Committee of the Board, Coast
 Savings 1990
 and Loan, Los Angeles, California
Ignacio E. Lozano, Jr. Editor-in-chief, La Opinion, Los Angeles, California
 1991
Howard C. McCrady Vice Chairman, Valley National Corporation, Phoenix, Ar
izona 1991


Appointed by the Board of Governors
Yvonne Brathwaite Burke Partner, Jones, Day, Reavis and Pogue, Los Angeles, Cal
ifornia 1989
Richard C. Seaver Chairman, Hydrill Company, Los Angeles, California
 1990
Harry W. Todd Chairman and Chief Executive Officer, Rohr Industries,
Inc., 1991
 Chula Vista, California


PORTLAND BRANCH Appointed by the Federal Reserve Bank
Wayne E. Phillips, Jr. Vice President, Phillips Ranch, Inc., Baker, Oregon
 1989
Stephen G. Kimball President and Chief Executive Officer, Baker Boyer Banc
orp, 1990
 Walla Walla, Washington
G. Dale Weight Chairman of the Board and Chief Executive Officer, Benj
amin 1990
 Franklin Savings and Loan Association, Portland, Oreg
on
Stuart H. Compton Chairman and Chief Executive Officer, Pioneer Trust Ban
k, N.A., 1991
 Salem, Oregon


Appointed by the Board of Governors
Paul E. Bragdon Assistant to the Governor for Education, Office of the
Governor, 1989
 Salem, Oregon
Sandra A. Suran Small Business Advocate, State of Oregon, Salem, Oregon
 1990
William A. Hilliard Editor, The Oregonian, Portland, Oregon
 1991


SALT LAKE CITY BRANCH Appointed by the Federal Reserve Bank
Ronald S. Hanson President, Zions First National Bank, Salt Lake City, U
tah 1989
Curtis H. Eaton President and Vice Chairman of the Board, Twin Falls Ba
nk and 1990
 Trust Company, Twin Falls, Idaho
Virginia P. Kelson Associate, Ralston and Associates, Salt Lake City, Utah
 1990
Gerald R. Christensen President and Chairman, First Federal Savings and Loan
 1991
 Association, Salt Lake City, Utah


Appointed by the Board of Governors
Robert N. Pratt President and Chief Operating Officer, Bonneville Pacif
ic 1989
 Corporation, Salt Lake City, Utah
Don M. Wheeler President, Wheeler Machinery Company, Salt Lake CityUta
h 1990
D.N. Rose President and Chief Executive Officer, Mountain Fuel Su
pply 1991
 Company, Salt Lake City, Utah


SEATTLE BRANCH Appointed by the Federal Reserve Bank
H.H. Larison President, Columbia Paint and Coatings, Spokane, Washin
gton 1989
B.R. Beeksma Chairman of the Board, InterWest Savings Bank,
 1990
 Oak Harbor, Washington
William S. Randall Chairman, President, and Chief Executive Officer, First
 Interstate 1990
 Bank of Washington, N.A., Seattle, Washington
Robert P. Gray President, National Bank of Alaska, Anchorage, Alaska
 1991


Appointed by the Board of Governors
Carol A. Nygren Partner, Laventhol and Horwath, Seattle, Washington
 1989
Irma Goertzen Hospital Administrator, University Hospital, University
 of 1990
 Washington, Seattle, Washington
Bruce R. Kennedy Chairman and Chief Executive Officer, Alaska Air Group,
 Inc., 1991
 Seattle, Washington
COPYRIGHT 1989 Board of Governors of the Federal Reserve System
No portion of this article can be reproduced without the express written permission from the copyright holder.
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Publication:Federal Reserve Bulletin
Article Type:directory
Date:May 1, 1989
Words:4982
Previous Article:Record of policy actions of the Federal Open Market Committee.
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