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June 13, 2016
News Release: Chicago Fed Announces New Members of the Agriculture, Small Business and Labor Advisory Council

Chicago - (June 13, 2016) – The Federal Reserve Bank of Chicago announced 15 new members of its Advisory Council on Agriculture, Small Business and Labor.

Council members serve a two-year term and meet twice a year to provide their views on current business conditions to Chicago Fed President Charles Evans and other senior officials. Input from the Council members on regional economic conditions contributes to the Federal Reserve System’s formulation of national monetary policy. The first meeting of 2016 was held in April.

Council members generally represent private companies, labor organizations, agricultural businesses, academia, and banks throughout the Seventh Federal Reserve District, which consists of most of Illinois, Indiana, Wisconsin, and Michigan, as well as Iowa.

For more information about the Advisory Council on Agriculture, Small Business and Labor, along with a complete list of council members, click here.

The following is a list of new members of the Advisory Council on Agriculture, Small Business and Labor:

Illinois
Christine Hammerlund
President/CEO
Assured Healthcare Staffing
Gurnee

Craig Miller
CEO
Association for Corporate Growth
Chicago


William (Bill) Phelan
President
PayNet, Inc.
Skokie

Michael Withey
President
Tool Steel Service, Inc.
Bridgeview

David Woodburn
CEO
Blue Prairie Brands, LLC
Chicago

Indiana
Brian K. Acton
President/CEO
BMWC Constructors, Inc.
Indianapolis

Raj Rao
President/CEO
Indiana Municipal Power Agency
Carmel

Larry Wappel, Sr.
Farmer
Wappel Grain & Herb LLC
San Pierre

Iowa
Michael (Mick) K. Guttau
Chairman
Treynor State Bank
Treynor

Jonathan Sargent
EVP
Todd & Sargent
Ames

Michigan
Stacie Behler
Group VP, Public Affairs and Communications
Meijer, Inc.
Grand Rapids

Michelle Behrenwald
Vice Chair and Co-owner
AIS Construction Equipment Corp.
Grand Rapids

Randy Eberts
Director
Upjohn Institute
Kalamazoo

Wisconsin

Wyman Winston
Executive Director
Wisconsin Housing and Economic Development Authority (WHEDA)
Madison

Esther R. López
EVP
United Food and Commercial Workers International Union
Washington, DC


Federal Reserve Bank of Chicago Background

The Federal Reserve Bank of Chicago is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, DC, make up the nation's central bank. The Chicago Reserve Bank serves the Seventh Federal Reserve District, which encompasses the northern portions of Illinois and Indiana, southern Wisconsin, the Lower Peninsula of Michigan, and the state of Iowa. In addition to participation in the formulation of monetary policy, each Reserve Bank supervises member banks and bank holding companies, provides financial services to depository institutions and the U.S. government, and monitors economic conditions in its District.



Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

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