A nine-member Board of Directors provides oversight of our operations across the Fifth District. The Federal Reserve Act requires that member banks elect three directors to represent banks and three directors to represent the public. The Federal Reserve Board of Governors appoints an additional three directors, also to represent the public. In addition, our Baltimore and Charlotte offices each has a board of seven directors representing banks and industries in our District.

Recruiting directors is a continuous process and we consider many factors when looking for potential members of our board. We look for people with diversity of background, career experience, race, gender and geography, and who represent the interests of agriculture, commerce, industry, services, labor and consumers. We are fortunate to have attracted individuals who are representative of the diverse communities we serve, who provide valuable perspectives that benefit the board’s work.

Read more about Federal Reserve Bank directors on the Board of Governors website.