Missouri banker appointed to Federal Advisory Council
Northwestern Financial Review, Mar 1, 2001
Camden R. Fine, president and CEO of Midwest Independent Bank, Jefferson City, Mo., and chairman of the board of Bunceton State Bank, Bunceton, Mo., was recently appointed to the 12member Federal Advisory Council (FAC) by the Kansas City Federal Reserve Bank.
Fine, 50, is the first Jefferson City banker to represent the 10th District on the FAC and is one of only eight Missourians to serve on the FAC from the 10th District since the council was created in 1913.
The FAC consists of one representative from each of the 12 Federal Reserve districts. Fine will represent the 10th Federal Reserve District in Kansas City during at least four meetings in Washington, DC, with Chairman Alan Greenspan and the Federal Reserve Board. The FAC's responsibilities are to confer directly with the Federal Reserve Board of Governors on general business conditions and to make recommendations regarding economic conditions in the various districts, open market operations and the general affairs of the reserve banking system.
"I am very honored to have been appointed to the Federal Advisory Council to represent the interests of the 10th Federal Reserve District," said Fine. "I look forward to meeting with Chairman Greenspan and the Board of Governors. I will be asking bankers throughout the district for their advice and views on economic conditions within the district prior to attending the council meetings in Washington, DC."
A veteran of the U.S. Army, Fine began his banking career in Jefferson City. He also served in the state government in the administration of former Democratic Gov. Joseph Teasdale. He later was appointed director of the State Tax Division by former Republican Gov. Christopher S. (Kit) Bond.
His first meeting as a member of the FAC was in February at the Federal Reserve board building in Washington, DC.
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