Membership appointments announced for the Federal Reserve Bank of San Francisco’s Community Depository Institutions Advisory Council

SAN FRANCISCO, CA (December 7, 2015) — The Federal Reserve Bank of San Francisco announced that Eugene L. Pelham, president and CEO, Rogue Credit Union, Medford, OR; H.R. (Hal) Russell, president and CEO, Commencement Bank, Tacoma, WA; and Daniel L. Skaff, president and Co-CEO, Beneficial State Bank, Oakland, CA, were appointed as the newest members of the Twelfth District’s Community Depository Institutions Advisory Council (CDIAC). Their terms are effective January 1, 2016; and CDIAC members generally serve a three-year term.

The CDIAC represents banks, thrift institutions, and credit unions of various sizes within the Twelfth District. The council provides input to the Bank’s senior management on a variety of topics, including economic and banking conditions, regulatory policies, and payment issues. It was established in 2010 by the Board of Governors to provide input to the Federal Reserve’s Board of Governors on the economy, lending conditions, and other issues of interest to community depository institutions.

The balance of the council includes:

Janet A. Garufis, president and CEO, Montecito Bank & Trust, Santa Barbara, CA, CDIAC chair

Adriana M. Boeka, president and CEO, Americas United Bank, Glendale, CA

Elizabeth J. Dooley, president and CEO, Educational Employees Credit Union, Fresno, CA

David E. Doss, president and CEO, Arizona State Credit Union, Phoenix, AZ

Gregory Garrabrants, president and CEO, BofI Federal Bank, San Diego, CA

C. Alan Horner, chairman, president and CEO, First Federal Savings Bank of Twin Falls, Twin Falls, ID

Matt C. Packard, president and CEO, Central Bank, Provo, UT

Kent A. Steinwert, chairman, president and CEO, Farmers and Merchants Bank of Central California, Lodi, CA

Stanley C. Wilmoth, president and CEO, Heritage Bank of Nevada, Reno, NV

About The Federal Reserve Bank of San Francisco

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


Federal Reserve Bank of San Francisco
Matthew Schiffgens

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