District Circular Letters
The Federal Reserve Bank of San Francisco uses circular letters to communicate new policies and announcements to institutions in the Twelfth Federal Reserve District.
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New Member Bank – Farmington State Bank
The Federal Reserve Bank of San Francisco, acting under delegated authority, has approved the application of Farmington State Bank, Farmington, Washington, for membership in the Federal Reserve System.
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New Member Bank – UniBank
The Federal Reserve Bank of San Francisco, acting under delegated authority, has approved the application of UniBank, Lynnwood, Washington, for membership in the Federal Reserve System.
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New Member Bank – Plumas Bank
The Federal Reserve Bank of San Francisco, acting under delegated authority, has approved the application of Plumas Bank, Quincy, California, for membership in the Federal Reserve System.
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Results of Director Elections
This letter is in regard to the election of directors of this Bank to succeed Mr. S. Randolph Compton, a Class A director, elected by banks in Group Three, and Ms. Tamara L. Lundgren, a Class B director, elected by banks in Group Two, whose terms end on December 31, 2020, respectively. These elections have been duly held in accordance with the requirements of Section 4 of the Federal Reserve Act and the provisions of the circulars issued by this office dated July 15 and August 26, 2020.
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Election of Directors
In accordance with the provisions of Section 4 of the Federal Reserve Act and the announcement dated July 15, 2020, the Federal Reserve Bank of San Francisco is conducting an election of directors to succeed Mr. S. Randolph Compton, a Class A director, elected by banks in Group Three, and Ms. Tamara L. Lundgren, a Class B director, elected by banks in Group Two, whose terms end on December 31, 2020.
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Election of Directors Nomination Procedures
The Federal Reserve Bank of San Francisco will conduct an election under the provisions of Section 4 of the Federal Reserve Act for the positions held by the directors of this Bank whose terms expire on December 31, 2020.
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Results of Director Elections
This letter is in regard to the election of directors of this Bank to succeed Mr. Sanford L. Michelman, a Class B director, elected by banks in Group One, and Mr. Steven R. Gardner, a Class A director, elected by banks in Group Two, whose terms end on December 31, 2019, respectively. These elections have been duly held in accordance with the requirements of Section 4 of the Federal Reserve Act and the provisions of the circulars issued by this office dated July 10 and August 21, 2019.
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Election of Directors
In accordance with the provisions of Section 4 of the Federal Reserve Act and the announcement dated July 10, 2019, the Federal Reserve Bank of San Francisco is conducting an election of directors to succeed Mr. Steven R. Gardner, a Class A director, elected by banks in Group Two, and Mr. Sanford L. Michelman, a Class B director, elected by banks in Group One, whose terms end on December 31, 2019.
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Election of Directors Nomination Procedures
The Federal Reserve Bank of San Francisco will conduct an election under the provisions of Section 4 of the Federal Reserve Act for the positions held by the directors of this Bank whose terms expire on December 31, 2019.
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New Member Bank – First Choice Bank
The Federal Reserve Bank of San Francisco, acting under delegated authority, has approved the application of First Choice Bank, Cerritos, California, for membership in the Federal Reserve System.