CHICAGO- (January 11, 2019) — The Federal Reserve Bank of Chicago announced the following promotions.
Julie Williams, new Executive Vice President, Supervision and Regulation Department
Williams was promoted to Executive Vice President of the Supervision and Regulation department. Previously, she was Senior Vice President in charge of the Large, Specialized and Regional division within the Supervision and Regulation department.
Williams began her career at the Federal Reserve Bank of Chicago as the manager of the Bank Secrecy/Anti-Money Laundering Examination team. During her tenure, she also served as Senior Vice President in charge of the Community Banking Organizations and Consumer Compliance divisions, Vice President of the Consumer Compliance division and Assistant Vice President directing examiner teams responsible for safety and soundness, foreign banking organization supervision, and country analyses.
Williams holds an M.B.A. from Governors State University in Illinois. Williams was born and raised in Kankakee, Ill., and currently resides in Naperville, Ill.
Patrick Wilder, new Senior Vice President of the Large, Specialized and Regional Division
Wilder was promoted to Senior Vice President of the Large, Specialized and Regional division within the Supervision and Regulation department. Prior to his promotion, he was Vice President of the Community Banking Organizations division, where he was responsible for the safety and soundness supervision of Seventh District state member banks. Since joining the Bank in 1992, he has held numerous leadership positions, including oversight of several large and foreign banking organizations.
Wilder holds an M.B.A. from the University of Pittsburgh. He was born in Houston, Texas, raised in DuBois, Pa., and resides in Naperville, Ill.
Joseph Davidson, new Senior Vice President of the Department Oversight Division
Davidson was promoted to Senior Vice President of the Department Oversight division within the Supervision and Regulation department. Prior to this role, Davidson was Vice President of the Consumer Compliance division, where he had responsibilities for the supervision of Seventh District state member banks for the Consumer Compliance and the Community Reinvestment Act. Davidson joined the Bank in 1999, and since has held various examination and managerial positions. He is known for his strong connections throughout the Bank, including recent sponsor roles with the Spectrum employee resource group, and the Bank’s Volunteer Council.
Davidson holds B.A. from Kalamazoo College. He was born in Coldwater, Mich., raised in Centreville, Mich., and currently resides in LaGrange, Ill.
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, D.C., 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.
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