Board of Directors

The responsibilities of directors are broad, ranging from overseeing the general operations of the Reserve bank to reporting on district economic conditions. This information helps prepare the Reserve bank president for participation in Federal Open Market Committee meetings, where decisions are made about monetary policy.

 

DIRECTOR ELECTIONS - Note: Please answer 'Yes' or 'Continue' when asked if you want to proceed when following this link.

 

Class A Directors

(elected by member banks to represent member banks)

	Term expires December 31
Dorothy J. Bridges President and Chief Executive Officer Franklin National Bank Minneapolis, Minnesota	2010
Peter J. Haddeland President First National Bank of Mahnomen Mahnomen, Minnesota	2008
Thomas W. Scott Chairman First Interstate BancSystem, Inc. Billings, Montana	2009

Class B Directors

(elected by member banks to represent the public)

	Term expires December 31
William J. Shorma President Shur-Co Yankton, South Dakota	2009
Todd L. Johnson Chairman and Chief Executive Officer Reuben Johnson & Son, Inc. & Affiliated Companies Superior, Wisconsin	2010
Randy Peterson Facility Director Lake Superior State University Sault Ste. Marie, Michigan	2008

Class C Directors

(appointed by the Board of Governors to represent the public)

	Term expires December 31
Mary K. Brainerd President and Chief Executive Officer HealthPartners Minneapolis, Minnesota	2010
James J. Hynes (Chair) Executive Administrator Twin City Pipe Trades Service Association St. Paul, Minnesota	2009
Jake Marvin (Deputy Chair) Chairman and Chief Executive Officer Marvin Windows and Doors Warroad, Minnesota	2008