The Federal Reserve Bank of San Francisco Seattle Branch is one of four branches of the Federal Reserve Bank of San Francisco. The branch opened September 19, 1917. [1] In 1938, it absorbed the operations of the Spokane branch and in 2005 took over cash operations from the Portland branch. [2] [3]
The branch is located at 2700 Naches Ave SW in Renton, Washington, a suburb south of Seattle. [4] Until 2008, the branch was headquartered at the Federal Reserve Bank Building in Downtown Seattle, which had been built in 1951 for the branch. [5]
The following people are on the board of directors as of December 2023: [6]
| Name | Title | Term expires |
|---|---|---|
| Sheila Edwards Lange (chair of the board) | Chancellor, University of Washington Tacoma | 2025 |
| Pallavi Mehta Wahi | Seattle Managing Partner, K&L Gates Seattle, Washington | 2024 |
| John Wolfe | Chief Executive Officer, Northwest Seaport Alliance | 2023 |
| Name | Title | Term expires |
|---|---|---|
| Bob Donegan | President, Ivar's Restaurants | 2025 |
| Carol Gore | President and chief executive officer, Cook Inlet Housing Authority | 2023 |
| Michael Senske | Chairman and chief executive officer, Pearson Packaging Systems | 2024 |
| Laura Lee Stewart | President and chief executive officer, Sound Community Bank and Sound Financial Bancorp | 2023 |
The Portland Cash Operation closed in 2005 and was absorbed by the Seattle office.