Federal Reserve Banks
Federal Reserve Bank of San Francisco
John C. Williams
President
Federal Reserve Bank of San Francisco
Dr. Williams took office March 1, 2011, as the twelfth president and chief executive officer of the Twelfth District Federal Reserve Bank, at San Francisco. In 2017, he serves as an alternate voting member of the Federal Open Market Committee.
Dr. Williams, a native of Sacramento, California, served since 2009 as executive vice president and director of research for the Federal Reserve Bank of San Francisco, which he joined in 2002 as a research advisor. Subsequently, he was named senior vice president and advisor in 2004.
He began his career as an economist in 1994, when he joined the Board of Governors of the Federal Reserve System, following the completion of his Ph.D. in Economics at Stanford University. He became senior economist at the Board in 1998 and served on loan from 1999 to 2000 as senior economist at the White House Council of Economic Advisers. He subsequently returned to the Board, where he remained until he joined the Federal Reserve Bank of San Francisco.
Dr. Williams' research focuses on topics including: monetary policy under uncertainty and with imperfect information; learning; research and development; innovation; productivity, and business cycles. He has collaborated with economists from throughout the country and across the globe to examine economic and policy issues from different perspectives, and has published numerous articles in leading research journals.
Dr. Williams currently serves as the managing editor of the International Journal of Central Banking. Previously, he served as associate editor of the American Economic Review and the Journal of Economic Dynamics and Control. He has been a research associate for the Centre for Applied Macroeconomic Analysis since 2008. Additionally, he has been a lecturer at Stanford University's Graduate School of Business.
Prior to completing his doctorate at Stanford, he earned a Master's of Science with distinction in economics from the London School of Economics in 1989, and an A.B. with high distinction from the University of California at Berkeley in 1984.
He is married and has two teenage sons.
Bank Location
101 Market Street
San Francisco, CA 94105
(415) 974-2000
Head office at San Francisco, California.
Branch Banks at Los Angeles, California; Portland, Oregon; Salt Lake City, Utah; and Seattle, Washington.
Covers the states of Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington, and serves American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands.
Website: http://www.frbsf.org/
Branches
Los Angeles
950 South Grand Avenue, Los Angeles, CA 90015
Terminal Annex - P.O. Box 2077, Los Angeles, CA 90051
Shipping Address - 951 S. Olive St., Los Angeles, CA 90015
(213) 683-2300
Portland
1500 SW First Avenue, Portland, OR 97201
P.O. Box 3436, Portland, OR 97208
(503) 276-3000
Salt Lake City
120 South State Street, Salt Lake City, UT 84111
P.O. Box 30780, Salt Lake City, UT 84125
(801) 322-7900
Seattle
2700 Naches Avenue SW, Renton, WA 98057
P.O. Box 3567, Seattle, WA 98124
(425) 203-0800
The Federal Reserve officially identifies Districts by number and Reserve Bank city.
In the 12th District, the Seattle Branch serves Alaska, and the San Francisco Bank serves Hawaii. The System serves commonwealths and territories as follows: the New York Bank serves the Commonwealth of Puerto Rico and the U.S. Virgin Islands; the San Francisco Bank serves American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. The Board of Governors revised the branch boundaries of the System in February 1996.
List of Directors
Class A
| Name | Title | Term expires December 31 |
|---|---|---|
| Megan F. Clubb | Chairman of the Board Baker Boyer National Bank Walla Walla, Washington |
2017 |
| Peter S. Ho | Chairman, President, and Chief Executive Officer Bank of Hawaii and Bank of Hawaii Corporation Honolulu, Hawaii |
2018 |
| Steven R. Gardner | Chairman and Chief Executive Officer Pacific Premier Bank Irvine, California |
2019 |
Class B
| Name | Title | Term expires December 31 |
|---|---|---|
| Richard A. Galanti | Executive Vice President and Chief Financial Officer Costco Wholesale Corporation Issaquah, Washington |
2017 |
| Steven E. Bochner | Partner Wilson, Sonsini, Goodrich, & Rosati, P.C. Palo Alto, California |
2018 |
| Sanford L. Michelman | Chairman Michelman & Robinson, L.L.P. Los Angeles, California |
2019 |
Class C
| Name | Title | Term expires December 31 |
|---|---|---|
| Rosemary Turner | President UPS North California District Oakland, California |
2017 |
| Alexander R. Mehran (Chair) |
Chairman and Chief Executive Officer Sunset Development Company San Ramon, California |
2018 |
| Barry M. Meyer (Deputy Chair) |
Chairman and Chief Executive Officer, Retired, Warner Brothers Entertainment and Founder and Chairman North Ten Mile Associates Burbank, California |
2019 |
LOS ANGELES BRANCH
| Name | Title | Term expires December 31 |
|---|---|---|
| Peggy Tsiang Cherng | Co-Chair of the Board and Co-Chief Executive Officer Panda Restaurant Group, Inc. Rosemead, California |
2017 |
| Ilyanne Morden Kichaven | Executive Director, Los Angeles SAG-AFTRA Los Angeles, California |
2018 |
| Luis Faura | President and Chief Executive Officer C&F Foods, Inc. City of Industry, California |
2018 |
| Steven W. Streit | President, Founder, and Chief Executive Officer Green Dot Bank and Green Dot Corporation Pasadena, California |
2019 |
| Name | Title | Term expires December 31 |
|---|---|---|
| Robert H. Gleason | President and Chief Executive Officer Evans Hotels San Diego, California |
2017 |
| Anita V. Pramoda | Chief Executive Officer Owned Outcomes Las Vegas, Nevada |
2018 |
| James A. Hughes (Chair) |
Former Director and Chief Executive Officer First Solar, Inc Tempe, Arizona |
2019 |
PORTLAND BRANCH
| Name | Title | Term expires December 31 |
|---|---|---|
| Robert C. Hale | Chief Executive Officer Hale Companies Hermiston, Oregon |
2017 |
| Charles A. Wilhoite | Managing Director Willamette Management Associates Portland, Oregon |
2017 |
| S. Randolph Compton | Chief Executive Officer and Co-Chair of the Board Pioneer Trust Bank, N.A. Salem, Oregon |
2018 |
| Steven J. Zika | Chief Executive Officer Hampton Lumber Portland, Oregon |
2019 |
| Name | Title | Term expires December 31 |
|---|---|---|
| Tamara L. Lundgren | President and Chief Executive Officer Schnitzer Steel Industries, Inc. Portland, Oregon |
2017 |
| Román D. Hernández | Partner K&L Gates Portland, Oregon |
2018 |
| Anne C. Kubisch | President and Chief Executive Officer The Ford Family Foundation Roseburg, Oregon |
2019 |
SALT LAKE CITY BRANCH
| Name | Title | Term expires December 31 |
|---|---|---|
| Josh England | President C.R. England, Inc. Salt Lake City, Utah |
2017 |
| Park Price | Chief Executive Officer Emeritus and Chairman Bank of Idaho Idaho Falls, Idaho |
2017 |
| Susan D. Mooney Johnson | President Emeritus Futura Industries Clearfield, Utah |
2018 |
| Peter R. Metcalf | Founder, Brand Advocate and Chief Executive Officer Emeritus Black Diamond, Inc. Salt Lake City, Utah |
2019 |
| Name | Title | Term expires December 31 |
|---|---|---|
| Patricia R. Richards (Chair) |
President and Chief Executive Officer SelectHealth, Inc. Murray, Utah |
2017 |
| Arthur F. (Skip) Oppenheimer | Chairman and Chief Executive Officer Oppenheimer Companies, Inc. Boise, Idaho |
2018 |
| David B. Smith | Chief Operating Officer Larry H. Miller Management Corporation Sandy, Utah |
2019 |
SEATTLE BRANCH
| Name | Title | Term expires December 31 |
|---|---|---|
| Carol K. Nelson | Pacific Region Sales Executive and Seattle Market President KeyBank Seattle, Washington |
2017 |
| Craig Dawson | President and Chief Executive Officer Retail Lockbox, Inc. Seattle, Washington |
2017 |
| Cheryl B. Fambles | Chief Executive Officer Pacific Mountain Workforce Development Council Tumwater, Washington |
2018 |
| Drew Wolff | Vice President and Treasurer Starbucks Coffee Company Seattle, Washington |
2019 |
| Name | Title | Term expires December 31 |
|---|---|---|
| Scott L. Morris (Chair) |
Chairman, President, and Chief Executive Officer Avista Corporation Spokane, Washington |
2017 |
| West Mathison | President Stemilt Growers, LLC Wenatchee, Washington |
2018 |
| Sophie Minich | President and Chief Executive Officer Cook Inlet Region, Inc. Anchorage, Alaska |
2019 |