Baker Boyer's Clubb elected to Fed

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WALLA WALLA -- The president and chief executive of Baker Boyer Bank has been elected to serve on the board of directors for the Federal Reserve Bank of San Francisco.

Megan Clubb will begin a three-year term Jan. 1.

She is one of two new board members. The other is Richard Galanti, executive vice president, chief financial officer and director of Costco Wholesale Corp.

Their perspectives and insight on the regional economy will play a role in their board's input to the Fed's board of governors in Washington, D.C.

The information is ultimately used to help determine national economic policies.

That means observations, findings and trends from the Walla Walla region -- from agricultural reports to consumer habits -- will be represented and contribute to economic policy-making nationally.

In a prepared statement, Clubb said the appointment is a "tremendous opportunity to be the voice of the banking industry and a liaison between our region and the nation."

"I am honored to serve and represent Eastern Washington's interests in economic recovery and job growth," she said.

Vicki Hillhouse can be reached at 509-526-8321 or vickihillhouse@wwub.com

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