The Federal Reserve Bank of San Francisco has announced new appointments to its Community Advisory Council (CAC), effective January 1, 2025. The new members include Kelly Batson, Chief Community Impact Officer at United Way Bay Area in San Francisco, California; Angelica Frias, Vice President at the Center for Nonprofit Management in Los Angeles, California; and Teresa McKnight, Chief Executive Officer of Regional Economic Development of Eastern Idaho in Idaho Falls, Idaho.

In addition to these appointments, Ryan Kusumoto has been designated as the new CAC Chair for 2025. Kusumoto is the President and Chief Executive Officer of Parents and Children Together (PACT) in Honolulu, Hawai’i.

The Twelfth District Community Advisory Council was established in 2017. It serves as a significant source of information on developments within the district, particularly focusing on underserved and lower-income communities. Members provide insights and advice to senior leadership at the Federal Reserve Bank of San Francisco regarding economic conditions and community development activities.

Jennifer Chamberlain from the Federal Reserve Bank of San Francisco can be contacted for further information at (415) 974-2383.

The Federal Reserve Bank of San Francisco plays a crucial role in advancing monetary, financial, and payment systems across the nation. As part of the U.S. central bank system, it serves the Twelfth Federal Reserve District which includes nine western states—Alaska, Arizona, California, Hawai’i, Idaho, Nevada, Oregon, Utah, Washington—and territories such as American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. Its mission focuses on achieving maximum employment and price stability to support an inclusive economy.