Bob Hale Appointed to Portland Branch Board of the Federal Reserve Bank of San Francisco
Portland, OR – The Federal Reserve Bank of San Francisco has appointed Robert “Bob” Hale, chief executive officer of Hale Companies, to its Portland Branch board of directors, effective March 24, 2011. The Portland Branch board of directors provides an economic perspective on the region to both the Federal Reserve Bank of San Francisco’s board of directors and the Board of Governors in Washington. The Board of Governors considers this information when determining monetary policy.
Mr. Hale is chief executive officer of Hale Companies headquartered in Echo, Oregon, and president of River Point Farms headquartered in Hermiston, Oregon. He is a current member of United Fresh, Produce Marketing Association, Farmers Ending Hunger, Oregon Wheat Growers League, Oregon Potato Commission, Umatilla Basin Water Coalition, Pacific Northwest Vegetable Association, Oregon Farm Bureau and the National Onion Association. Mr. Hale received his bachelor’s degree from Lewis and Clark College.
Other members of the Portland Branch board include: David Chen (chairman), Equilibrium Capital Group LLC; Megan Clubb, Baker Boyer National Bank; Peggy Fowler, Portland General Electric; Roger Hinshaw, Bank of America; Dr. Joe Robertson, Oregon Health & Science University; and Roderick Wendt, JELD-WEN, inc.
Federal Reserve Bank of San Francisco, Portland Branch
The Federal Reserve Bank of San Francisco, with branch offices in Los Angeles, Seattle, Salt Lake City, and Portland, and a cash processing office in Phoenix, provides wholesale banking services to financial institutions throughout the nine western states. As the nation’s central bank, the Federal Reserve System formulates monetary policy, serves as a bank regulator, administers certain consumer protection laws, and is fiscal agent for the U.S. government. Follow us on Twitter at twitter.com/sffedreserve.