Dallas Fed establishes pilot Bank Advisory Council
For immediate release: November 5, 2008
DALLAS—The Federal Reserve Bank of Dallas today announced the establishment of a pilot Bank Advisory Council at its San Antonio Branch to enhance communication and feedback with area financial institutions.
The pilot program will build upon outreach efforts by the Dallas Fed and its branches to area financial institutions.
The Council—composed of nine bankers—is a pilot program aimed at providing Dallas Fed officials grassroots information from area bankers on a variety of topics, including banking and economic conditions, regulatory issues and Federal Reserve services.
During its first year, the Council will meet quarterly and brief the San Antonio Branch board.
“We believe that broadening the channels of communication between the Reserve Bank and bank executives is important to our financial industry and to the communities we mutually serve,” said Richard W. Fisher, president and CEO of the Federal Reserve Bank of Dallas.
Charter members of the Council are:
Byron K. Bexley
Chairman & CEO, TexStar National Bank
Universal City, Texas
Robert B. Dunkin, Sr.
Chairman & CEO, First Community Bank, N.A.
Harlingen, Texas
Robert Gandy, III
President & CEO, First National Bank
Edinburg, Texas
Donald R. Grobowsky
Chairman & CEO, First State Bank Central Texas
Temple, Texas
Al B. Jones
President & CEO, American Bank, N.A.
Corpus Christi, Texas
Douglas Macdonald
President & CEO, Texas Community Bank, N.A.
Laredo, Texas
Joe C. McKinney
Vice Chairman, Broadway National Bank
San Antonio, Texas
Bobbie McMillan
President & CEO, The Commercial Bank
Mason, Texas
David A. Ortiz
President & CEO, Uvalde National Bank
Uvalde, Texas
For more information about the Dallas Fed, visit www.dallasfed.org.
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Media contact:
James Hoard
Phone: (214) 922-5307
e-mail: james.hoard@dal.frb.org