Press Releases

The San Francisco Fed continues to monitor the impact of COVID-19 (coronavirus) on the 12th District and beyond. We’ve gathered these resources to support our District’s businesses and families.

San Francisco, CA – The Federal Reserve Bank of San Francisco has announced the appointments of Jeremy Andrus, president, chief executive officer, and board member of Traeger Grills, and Daniel G. Weiss, co-founder and managing partner of Angeleno Group, to the Bank’s Economic Advisory Council (EAC). Jeremy Andrus Download high resolution photo (jpg, 570 kb) Mr. Andrus joined Traeger in 2014 as he acquired the business with Trilantic Capital Partners. Then in late 2017, Mr. Andrus and Trilantic recapitalized the business, selling a controlling interest to AEA Investors and co-investor Ontario Teachers Pension Plan. From 2005 to 2013, Mr. Andrus served […]

San Francisco, California – The Federal Reserve Bank of San Francisco announced a new chair and the newest members of the Twelfth District’s Community Depository Institutions Advisory Council (CDIAC), whose three-year terms are effective January 1, 2020. Andrew J. Ryback, president and chief executive officer of Plumas Bank in Quincy, California, a current member of the Twelfth District’s CDIAC, has been appointed chair of the council for 2020, and will also serve as the San Francisco Fed’s representative on the national CDIAC. The newest CDIAC members are: Simone Lagomarsino, president and chief executive officer of Luther Burbank Savings, Santa Rosa, California; […]

San Francisco, CA – The Federal Reserve Bank of San Francisco has announced the reappointment of Mr. James H. Herbert, II, founder, chairman, and chief executive officer of First Republic Bank, to represent the District on the Federal Advisory Council for another one-year term. Mr. Herbert’s first term began on April 1, 2018. James H. Herbert, II First Republic Bank is a private bank and wealth management business with over $116 billion in bank assets and $151 billion in wealth management assets. Before establishing First Republic Bank in 1985, Mr. Herbert was founding president and chief executive officer of San Francisco […]

San Francisco, CA – Cecil Plummer, President of the Western Regional Minority Supplier Development Council in Oakland, a non-profit that supports the growth and development of minority communities through the use of minority-owned businesses, has been appointed to the Bank’s Community Advisory Council (CAC). Cecil Plummer Download high resolution photo (jpg, 688 kb) Mr. Plummer worked previously at Robert Half as Director of CSS Strategic Solutions. He has more than 15 years of executive leadership experience and has a solid background in strategic sourcing, change management and process improvement. Mr. Plummer has a bachelor’s degree in business from Madison University. In […]

San Francisco, Calif. – The Federal Reserve Bank of San Francisco has announced the appointment of Richard M. Sanborn, president and chief executive officer of Seacoast Commerce Bank in San Diego, as a San Francisco Head Office Director (Class A, Group 2). Richard M. Sanborn Download high resolution photo (jpg, 1mb) Mr. Sanborn joined Seacoast Commerce Bank in 2007 and has served as a director, president and chief executive officer. He is a 27+ year veteran of the banking industry. Previously, Mr. Sanborn also served as a member of the Bank’s Community Depository Institutions Advisory Council since 2017, including serving as […]

Seattle, Washington – The Federal Reserve Bank of San Francisco has appointed Bob C. Donegan, President, Ivar’s Inc., a company that operates seafood restaurants in Washington state, as the Bank’s Seattle branch director. Bob C. Donegan Download high resolution photo (jpg, 635 kb) Mr. Donegan joined Ivar’s in 1997 as chief financial officer and became president in 2011. Mr. Donegan has a bachelor’s in economics and journalism from the University of Wisconsin, and a master’s degree in public and private management from the Yale School of Management. Craig Dawson, president and chief executive officer of Retail Lockbox, Inc., a remittance processing, […]

Salt Lake City, Utah – The Federal Reserve Bank of San Francisco has appointed Dr. Deneece G. Huftalin, president of Salt Lake Community College, as the Bank’s newest Salt Lake City branch director. Dr. Deneece G. Huftalin Download high resolution photo (jpg, 5 mb) Ms. Huftalin was named the eighth president of Salt Lake Community College (SLCC) in 2014. Previously at the college, she served as interim president, vice president of student services, dean of students, and director of academic and career advising. Before joining SLCC in 1992, she held positions at William Rainey Harper College, Northwestern University, the University of […]

Portland, Oregon – The Federal Reserve Bank of San Francisco has appointed Maria Pope, president and chief executive officer of Portland General Electric, as the Bank’s newest Portland branch director. Download high resolution photo (jpg, 2 mb) Ms. Pope joined Portland General Electric (PGE) in 2009 as chief financial officer and treasurer. She also oversaw the company’s power generation facilities, wholesale power marketing and long-term resource strategy as senior vice president of Power Supply, Operations and Resource Strategy. From 2006 to 2008, she was a member of PGE’s board of directors. Ms. Pope received her master’s in business administration from the […]

Los Angeles, California  – The Federal Reserve Bank of San Francisco has re-appointed Steven W. Streit, founder and chief innovation officer of Green Dot Corporation, a financial technology and bank holding company in Pasadena, to its Los Angeles branch board of directors for a second three-year term. Steven W. Streit Download high resolution photo (jpg, 333 kb) Mr. Streit is the founder and former president and CEO of Green Dot Corporation, a role he held for 20 years. Since its founding in 1999, Mr. Streit has led Green Dot to become one of the nation’s largest providers of reloadable prepaid debit cards.  […]