Membership Appointment Announced for the Federal Reserve Bank of San Francisco’s Community Advisory Council

October 1, 2020

San Francisco, CA – The Federal Reserve Bank of San Francisco has announced the appointment of Luz Urrutia, chief executive officer of Accion Opportunity Fund, to the Bank’s Community Advisory Council (CAC).

Ms. Urrutia joined Opportunity Fund in 2017, helping to scale and deepen the impact of the non-profit Community Development Financial Institution (CDFI) in California while expanding its reach nationwide. She began her career at Wachovia, where she spent 18 years, before founding El Banco de Nuestra Comunidad, a community bank based in Atlanta, Georgia serving the underbanked LatinX population. Ms. Urrutia has served on the Consumer Financial Protection Bureau’s Consumer Advisory Board; the Board for the Financial Health Network (formerly the Center for Financial Services Innovation); and the Federal Reserve’s Consumer Advisory Council. She’s also on the Board of the Silicon Valley Community Foundation, and most recently, she received the Latino Leadership Award by the Silicon Valley Business Journal. She earned a bachelor’s degree and an MBA from Georgia State University.

The remaining CAC members include:

Daisy Crompton, manager, San Diego Housing Commission, City-County Reinvestment Task Force, San Diego, CA
La Shelle Dozier, executive director, Sacramento Housing and Redevelopment Agency, Sacramento, CA
Carol Gore, president and chief executive officer, Cook Inlet Housing Authority, Anchorage, AK
Cyndy Gustafson, chief executive officer of Strategic Process LLC, and executive director of the Applied Research and Policy Institute, Reno, NV
Michelle Kauhane, senior vice president, Hawaii Community Foundation, Honolulu, HI
Irma Morin, chief executive officer, Community Council of Idaho, Caldwell, ID
Cecil Plummer, president, Western Regional Minority Supplier Development Council, Oakland, CA
José A. Quiñonez, chief executive officer, Mission Asset Fund, San Francisco, CA
Carmen Rojas, president and chief executive officer, The Marguerite Casey Foundation, Seattle, WA
Carl Talton, ex officio chair, United Fund Advisors, Portland, OR
Tony To, director emeritus of HomeSight and project director of Othello Square, Seattle, WA

The Community Advisory Council serves as an important source of information on current and pending developments in the Twelfth District with an emphasis on underserved and lower-income communities. The members provide observations, opinions and advice to the management of the Federal Reserve Bank of San Francisco on the present state of the economy and on developments in the respective members’ communities and areas of interest. CAC members reside within the nine-state District of this Reserve Bank and provide the Bank’s senior management with information on current and pending developments in the regional and national economies.


Tom Flannigan
Federal Reserve Bank of San Francisco
415.974.2553


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/sffed.