The Federal Reserve Bank of Richmond appointed the following three members to its Small Business and Agriculture Advisory Council:
David Arnold — President, Class VI River Runners, Inc., Lansing, W.Va.
S. Lake Cowart, Jr. — Vice President, Cowart Seafood Corp., Lottsburg, Va.
Connie G. Nyholm — Co-Owner/Managing Partner, Virginia International Raceway, Alton, Va.
The Council also includes:
Ronnie L. Bryant — President and CEO, Charlotte Regional Partnership, Charlotte, N.C.
Bryant has served on the Council since 2006.
Martha Anne Clark — Owner, Clark’s Elioak Farm, Ellicott City, Md. Clark has served on the Council since 2007.
F. Guy Darby, Jr. — Owner, F. Guy Darby and Son Farm, Chester, S.C. Darby has served on the Council since 2007.
William W. Ditman — Chairman Emeritus, Willow Construction, LLC, Easton, Md. Ditman has served on the Council since 2006.
Barbara B. Lang — President & CEO, DC Chamber of Commerce, Washington, D.C. Lang has served on the Council since 2005.
Jane Tabb — Secretary, Lyle C. Tabb & Sons, Inc., Kearneysville, W.Va. Tabb has served on the Council since 2004.
R. Gerald Warren — President, Warren Farming Co., Inc., Warren Swine Farms, Newton Grove, N.C. Warren has served on the Council since 2004.
The Richmond Fed established its Small Business and Agriculture Advisory Council in 1985 to improve communication with the small business and agriculture sectors within the Fifth Federal Reserve District. The Council has 12 members, two from each of the District’s jurisdictions (the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia). Council members are appointed by the Richmond Fed President for three-year terms with eligibility for reappointment to a second three-year term. The Council meets twice yearly to counsel the president and senior leadership regarding the impact of monetary, banking and fiscal policies on small businesses, farmers and inner city economies, as well as economic opportunities in rural areas.
The Richmond Fed serves the Fifth Federal Reserve District, which includes the District of Columbia, Maryland, North Carolina, South Carolina, Virginia and most of West Virginia. As part of the nation's central bank, we're one of 12 regional Reserve Banks that work together with the Federal Reserve's Board of Governors to strengthen the economy and our communities. We manage the nation's money supply to keep inflation low and help the economy grow. We also supervise and regulate financial institutions to help safeguard our nation's financial system and protect the integrity and efficiency of our payments system.
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