The Federal Reserve Bank of San Francisco has announced the latest appointments to the Twelfth District's Community Depository Institutions Advisory Council (CDIAC), effective January 1, 2025. The new members include Carolyn Crockett, President and Chief Credit Officer at First Security Bank of Nevada in Las Vegas; Mercedes N. Herrera, President and CEO of Golden State Bank in Glendale, California; John A. Nerland, President and CEO of American Plus Bank in Pasadena, California; Krista Snelling, President and CEO of Santa Cruz County Bank in Santa Cruz, California; Matt Stephenson, President and CEO of Rogue Credit Union in Medford, Oregon; and Chris Webster, President and CEO of Southwest Heritage Bank in Scottsdale, Arizona.

The CDIAC was established by the Board of Governors in 2010 to represent banks, thrift institutions, and credit unions within the Twelfth District. It provides input on economic conditions, regulatory policies, payment issues, and other topics relevant to community depository institutions. Members reside within the nine-state district served by this Reserve Bank.

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

The Federal Reserve Bank of San Francisco is part of the U.S. central bank system. It serves a diverse region that includes nine western states as well as American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. The SF Fed focuses on advancing monetary policy with goals centered around maximum employment and price stability.