CTBC Bank USA’s Noor Menai Appointed to Federal Reserve Bank of San Francisco Advisory Council

CTBC Bank USA announced today that its President & CEO Noor Menai has been appointed one of the new members of the Federal Reserve Bank of San Francisco’s Community Depository Institutions Advisory Council (CDIAC).

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Noor Menai, President & CEO of CTBC Bank USA, has been appointed to an advisory council of the Federal Reserve of San Francisco. (Photo: Business Wire)

Additional CDIAC members effective January 1, 2022 include Samuel D. Jimenez, CEO of 1st Capital Bank in Salinas, California; Patty Mongold, President & CEO of Mt. McKinley Bank in Fairbanks, Alaska; Harold Roundtree, CEO of UNCLE Credit Union in Livermore, California; and Stacy Watkins, President and CEO of Lexicon Bank in Las Vegas.

Noor Menai

In addition to serving the Los Angeles community as President & CEO of CTBC Bank Corp. (USA), Mr. Menai is Deputy Head of international business for CTBC's holding entity. Previously, he served as president and chief executive officer of Charles Schwab Bank, and as a managing director at Citigroup's Global Corporate & Investment Bank, in addition to a couple of decades in consumer banking at Citi, JP Morgan and Bank of America. Mr. Menai serves on the Federal Deposit Insurance Corporation's Subcommittee on Modernization and as a board member of USC Rossier School of Education as well as Children's Hospital Los Angeles. He holds a bachelor's in economics, computers and information systems, and a master's in business administration in finance, computers and information systems from the University of Rochester.

Samuel D. Jimenez

Mr. Jimenez has served as chief executive officer of 1st Capital Bank since April 2020. Previously, he was executive vice president and chief operating officer of Bank of Commerce Holdings. Mr. Jimenez is a certified public accountant. He holds a bachelor of applied science in finance and economics from California State University-Chico and a master's of science in personal financial planning from the College for Financial Planning.

Patty Mongold

A lifelong Alaskan, Ms. Mongold has worked at Mt. McKinley Bank since she was a teenager, having started as a teller and worked in most areas of the bank. She was promoted to bank President in 2014, and in 2015 was elected President, CEO and Chairman of the Board. Ms. Mongold is currently a treasurer for three nonprofit organizations, chair of another and secretary of a fourth.

Harold Roundtree

Prior to serving as President and CEO of UNCLE Credit Union, Mr. Roundtree served as the senior vice president of retail banking for Technology Credit Union in San Jose, California. Mr. Roundtree is chairman of the Livermore Valley Chamber of Commerce, serves on the housing committee of the California Credit Union League and as vice president of the African American Credit Union Coalition. He holds a bachelor of science in business administration from California State University and a master's in business administration in management from Golden Gate University.

Stacy Watkins

Ms. Watkins has served as President and CEO of Lexicon Bank since 2020. She has over 27 years of experience in banking, including 24 years spent in management and 18 years in a regional management level position. Fueled by her commitment to community service, Ms. Watkins is a past chairman of the board for Junior Achievement of Southern Nevada and currently serves as the Capital Campaign, Family Gifts Division. Additionally, Stacy spearheads the Lexicon Bank Community Spotlight program, a monthly initiative that highlights local non-profit organizations that are making a difference in the Southern Nevada community and connects them with banking partners and clients to help support their missions. She holds bachelor degrees in business administration and management from the University of Phoenix and a business of banking certificate from Pacific Coast Banking School.

Janet Silveria, President and CEO of Community Bank of Santa Maria in Santa Maria, California, a current member of the Twelfth District's CDIAC, has been reappointed chair of the council for 2022, and will also continue to serve as the San Francisco Fed's representative on the national CDIAC.

The Bank also announced that James J. Schlotfeldt, President and CEO of First Federal Savings & Loan in McMinnville, Oregon, and Mina R. Worthington, President and CEO of Solarity Credit Union in Yakima, Washington, have been reappointed to the council.

The remaining CDIAC members include:

Brad Baldwin, President and CEO, First Utah Bank, Salt Lake City, Utah

Tamara Gurney, President and CEO, Mission Valley Bank, Sun Valley, California

Joanne Kim, President and CEO, Commonwealth Business Bank, Los Angeles, California

Eric Renaud, President and CEO, Pima Federal Credit Union, Tucson, Arizona

Established in 2010 by the Board of Governors, the Community Depository Institutions Advisory Council is a group that represents banks, thrift institutions, and credit unions of various sizes within the Twelfth District. The council provides input to the Bank's senior management on a variety of topics, including economic and banking conditions, regulatory policies, payment issues and other issues of interest to community depository institutions. Members typically serve three-year terms.

About CTBC Bank Corp. (USA)

CTBC Bank USA is a trusted and established financial institution for commercial and retail customers. Founded in 1989 and headquartered in Los Angeles, CTBC Bank operates branches in California, New Jersey, and New York. The bank’s operations include deposits, loans, credit cards, foreign exchange, letters of credit, wealth management, mobile, and electronic banking services. Customers benefit from access to large bank resources coupled with individual attention and customized service of a small bank. Its parent company, CTBC Bank Co. Ltd., is supported by more than $180 billion in assets and is among the largest banks in the world in terms of capital. For more information about CTBC Bank, visit www.ctbcbankusa.com.

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