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CU System
Advantis CEO on Fed-San Francisco advisory group
SAN FRANCISCO (2/9/11)--Ronald A. Barrick, president/CEO of Advantis CU, Milwaukie, Ore., is among the nine members appointed to the newly formed Twelfth District Community Depository Institutions Advisory Council (CDIAC), announced the Federal Reserve Bank of San Francisco. The board of governors of the Federal Reserve System has created a national CDIAC to broaden the scope of input on economic credit conditions. To complement the national effort with regional perspectives, each Federal Reserve Bank is establishing a District Council comprising representatives from community banks, thrifts and credit unions. “I am looking forward to representing Advantis Credit Union and my credit union colleagues when sharing with the Federal Reserve what our members are actually experiencing on the ground and steps that might be taken to aid economic growth in the Pacific Northwest," said Barrick. "To have strong Oregon representation on this important advisory council will strengthen the Northwest’s influence and increase the focus the San Francisco Fed has on our district,” said Northwest Credit Union Association President Troy Stang. The Twelfth District council, drawn from communities across a nine-state region, will meet twice a year to provide input to the San Francisco Federal Reserve Bank’s senior management on topics such as economic and banking conditions, regulatory policies and payments issues. Members of the San Francisco Fed’s CDIAC will serve three-year terms.


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