Twelfth District Community Financial Institutions Consultative Council
New Leadership at Community Banks Across the Twelfth District
In the banking sector, changes are afoot as new leaders take the helm at various institutions across the Twelfth District, which is served by the Federal Reserve Bank of San Francisco.
Krista Snelling has been appointed as the President and Chief Executive Officer of Santa Cruz County Bank in Santa Cruz, California, effective from 2027. Similarly, Harold Roundtree has assumed the same roles at UNCLE Credit Union in Livermore, California, also from 2027. Chris Webster is now the President of Southwest Heritage Bank in Scottsdale, Arizona, effective from the same year.
Meanwhile, in the Pacific Northwest, Denise Portmann has become the President and CEO of Bank of the Pacific in Aberdeen, Washington, effective from 2025. Matt Stephenson is the new President and CEO of Rogue Credit Union in Medford, Oregon, also effective from 2027.
Spencer White is the President and CEO of Utah Independent Bank in Salina, Utah, effective from 2025. In Alaska, Patty Mongold is the President and CEO of Mt. McKinley Bank in Fairbanks. Bruce Ashcroft holds the same positions at Brighton Bank in Salt Lake City, Utah.
The Twelfth District Community Depository Institutions Advisory Council (CDIAC) plays a crucial role in these changes, providing insights and observations to the management of the Federal Reserve Bank of San Francisco and the Board of Governors of the Federal Reserve System. Catherine Ngo, the Chair of the Twelfth District CDIAC, served as the President and CEO of Central Pacific Financial Corp in Honolulu, Hawai'i, before her current role, which she assumed in 2025. Carolyn Crockett, a member of the Twelfth District CDIAC, is the President and Chief Credit Officer of First Security Bank of Nevada in Las Vegas, Nevada. John A. Nerland, another member, is the President and CEO of American Plus Bank in Pasadena, California.
It's worth noting that members of the Twelfth District CDIAC have no role in the operation or administration of the Reserve Bank. They reside within the nine-state District of the Federal Reserve Bank of San Francisco.
The Twelfth District CDIAC serves as a valuable source of information about the economy, lending conditions, and other issues for community depository institutions in the Twelfth District. The Federal Reserve Board Community Depository Institutions Advisory Council charter was last updated in January 2025, with the updates becoming effective on January 1, 2025.
For the most accurate and up-to-date membership list for 2025, it is recommended to check the Federal Reserve Bank of San Francisco’s official site or contact them directly.
The new leadership in the Twelfth District's community banks includes Krista Snelling, who is the President and CEO of Santa Cruz County Bank, and Harold Roundtree, who assumes the same roles at UNCLE Credit Union, both effective from 2027. Their appointments coincide with changes in business finance at these institutions.
Catherine Ngo, the Chair of the Twelfth District CDIAC, has a history in business finance, having served as the President and CEO of Central Pacific Financial Corp before her current role. Her insights continue to be valuable for community depository institutions in the Twelfth District, particularly in matters related to finance.
