Article Preview: Rogue Credit Union CEO has seat on Federal Reserve advisory council - MailTribune.com - Medford, OR

Mail Tribune (Medford, OR — Wayback)

2016-01-16

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3 of 3 Premium Clicks used this month SUBSCRIBE Print + Online Subscriber Activation  |  Register x Forgot Password | Need an Account? e-edition | subscribe | newsletter | deals Classifieds Jobs Autos Real Estate FEATURED   » NEWS NOW   Hermiston homeless face winter with fewer sleeping options       ...       Two women sought in Rogue River robbery       ...       Pair sought in Jacksonville burglary       ...       Hermiston homeless face winter with fewer sleeping options       ...       Two women sought in Rogue River robbery       ...       Pair sought in Jacksonville burglary       ...           Rogue Credit Union CEO has seat on Federal Reserve advisory council By Greg Stiles Mail Tribune Follow @@GregMTBusiness MailTribune.com By Greg Stiles Mail Tribune Follow @@GregMTBusiness Posted Jan. 12, 2016 @ 5:02 pm Updated at 5:08 PM By Greg Stiles Mail Tribune Follow @@GregMTBusiness Posted Jan. 12, 2016 @ 5:02 pm Updated at 5:08 PM »  Social News p bs:newslist StartDate="20121121" EndDate="p bs:datecalc Months="3"" DateSort="1" UseObjects="1" ObjectClass="81" Taxonomywords="2325,665" ExactTaxonomyMatch="1" Image="1" Count="4" --> When Gene Pelham joined an advisory panel for the Federal Reserve Bank of San Francisco, the appointment gave rural communities rare input into the financial world. The Rogue Credit Union president and CEO began a three-year term on the Federal Reserve's Twelfth District Community Depository Institutions Advisory Council this month. It's a seat typically filled by credit union leaders from more populous regions, such as Portland. "They're generally looking for institutions with assets over $750 million," Pelham said. "The great thing is that Rogue Credit Union has become substantial enough to warrant a seat at this table." The advisory council meets twice a year, submitting input to senior Federal Reserve Bank management on economic and banking conditions, regulatory policies, payment issues and lending conditions. Pelham said his paperwork will include observations on market conditions spanning Rogue CU's territory from the southwestern Oregon Coast to the Klamath Basin. "A lot of the institutions involved come from metropolitan areas," Pelham said. "Sometimes the kinds of areas we represent are taken for granted. In a sense, we become boots on the ground for communities not often represented in groups like this." The first gathering for the advisory council, also representing Arizona, California, Nevada, Utah, Idaho, Washington, Alaska and Hawaii, is Feb. 17 in San Francisco. The Twelfth District, which includes American Samoa, Guam and the Commonwealth of the Northern Mariana Islands, encompasses the largest of the Fed's 12 geographical regions and accounts for one fifth of the nation’s population. In 2014, its 27.2 million workers earned more than 21 percent of the nation’s total personal income. The region also accounted for 21 percent of the nation’s exports of manufactured goods in 2014. Reach reporter Greg Stiles at 541-776-4463 or [email protected] . Follow him on Twitter at www.twitter.com/GregMTBusiness and on Facebook at www.facebook.com/greg.stiles.31 . By Greg Stiles Mail Tribune Follow @@GregMTBusiness MailTribune.com By Greg Stiles Mail Tribune Follow @@GregMTBusiness Posted Jan. 12, 2016 @ 5:02 pm Updated at 5:08 PM » Comment or view comments   Terms of Service /* $( document ).ready(function() { // Jquery mobile is trying to style the button and leaving a blank gry button on top of a white button $("#viafouracoms .vf-comment-controls li.vf-right").html(' Submit '); });*/ »  STAY INFORMED   Email NewsLetter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. calendar Connect with MailTribune.com Facebook Twitter RSS Back to top Reader Services Reader Services Home Subscriptions Subscriber controls Contact us Submissions Photos Events Letters to the editor Corrections Announcements Obituaries Story ideas Since you asked Alerts Email Alerts RSS Feeds Text Alerts Advertise Media Kit Home Products and services Ad rates Advertising contacts Propel Marketing Mail Tribune Daily Tidings The Nickel Shop Our Valley Blogs Mobile Site Stay Informed   Email newsletter   Sign Up Today   Sign up for our newsletter and have the top headlines from your community delivered right to your inbox. Your privacy is important, read our privacy policy. © Copyright 2016 Local Media Group, Inc. All Rights Reserved.    Privacy Policy  |  Terms of Service  |  Local Media Group Publications Original content available for non-commercial use under a Creative Commons license, except where noted. MailTribune.com | P.O. Box 1108, Medford, OR 97501