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SAN FRANCISCO FED NAMES TWO NEW MEMBERS TO ADVISORY COUNCIL

 SAN FRANCISCO FED NAMES TWO NEW MEMBERS TO ADVISORY COUNCIL
 SAN FRANCISCO, Jan. 30 /PRNewswire/ -- California small business lender Bailey S. (Biff) Barnard and Oregon agriculturist Karla S. Chambers have been appointed to the Advisory Council on Small Business and Agriculture of the Federal Reserve Bank of San Francisco.
 Barnard, 47, is president of First Capital, San Francisco, which specializes in long-term loans to small businesses, using the Loan Guarantee Program of the Small Business Administration. A native San Franciscan and graduate of Stanford University, he was named the SBA's San Francisco District financial services advocate of the year in 1985.
 Chambers, 33, is vice president and co-owner of Stahlbush Island Farms Inc., Corvallis, Ore., a diversified farm and food-processing business. In recent years, she served as associate director and chief administrative officer in the Office of Development at Oregon State University, her alma mater, as director of development in the university's College of Agricultural Sciences, and executive vice president of its E.R. Jackman Foundation. She also is a member of the Oregon Wheat Growers League and the Northwest Food Processors Association.
 The purpose of the 12-member Advisory Council is to serve as an important source of information to the Reserve Bank on current and pending developments in the small business and agriculture sectors of the Twelfth Federal Reserve District's economy which covers the nine western states.
 Recently concluding service on the Advisory Council were Robert L. Hancock, president of Avtech Corp, Seattle, and Elizabeth K. Johnson, president of Transwestern Helicopters Inc., Scappoose, Ore. Johnson was recently appointed to the board of directors of the Reserve Bank's Portland Branch.
 The Federal Reserve Bank of San Francisco provides wholesale banking services to financial institutions in the nine western states through the home office in San Francisco and branches in Los Angeles, Salt Lake City, Portland and Seattle. As the nation's central bank, the Federal Reserve System formulates monetary policy, serves as a bank regulator, administers consumer protection laws and is fiscal agent for the U.S. government.
 -0- 1/30/92
 /CONTACT: Elizabeth Masten of the Federal Reserve Bank of San Francisco, 415-974-2133/ CO: Federal Reserve Bank of San Francisco ST: California IN: FIN SU: PER


DG -- SF005 -- 5440 01/30/92 16:28 EST
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Publication:PR Newswire
Date:Jan 30, 1992
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