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

SAN FRANCISCO–(BUSINESS WIRE)–CTBC Bank USA announced today that its President and CEO, Noor Menai, has been appointed as one of the new members of the Federal Reserve Bank of San Francisco’s Community Depository Institutions Advisory Council (CDIAC).

Additional CDIAC members, effective January 1, 2022, include Samuel D. Jimenez, CEO of 1st Capital Bank of Salinas, California; Patty Mongold, President and 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 of Las Vegas.

Noor Menai

Mr. Menai not only serves the Los Angeles community as President and CEO of CTBC Bank Corp. (USA), but is also Deputy Head of International Operations for CTBC’s holding company. He previously served as President and Chief Executive Officer at Charles Schwab Bank and as Managing Director at Citigroup’s Global Corporate & Investment Bank, in addition to several decades in retail banking at Citi, JP Morgan and Bank of America. Mr. Menai is a member of the Subcommittee on Modernization for the Federal Deposit Insurance Corporation and a board member for the USC Rossier School of Education and Children’s Hospital Los Angeles. He holds a bachelor’s degree in economics, computer and information systems and a master’s degree in business administration in finance, computer 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 degree in Finance and Economics from California State University-Chico and a Master of Science degree in Personal Financial Planning from the College for Financial Planning.

Patty Mongold

Ms. Mongold, a life Alaskan, has worked at Mt. McKinley Bank since she was a teenager, having started as a teller and having worked in most areas of the bank. She was promoted to Bank President in 2014 and elected President, CEO and Chair of the Board in 2015. Ms. Mongold currently serves as Treasurer for three nonprofit organizations, Chairperson of another, and Secretary of a fourth.

Harold Rundbaum

Prior to serving as President and CEO of UNCLE Credit Union, Mr. Roundtree served as senior vice president of retail banking at Technology Credit Union in San Jose, California. Mr. Roundtree is Chairman of the Livermore Valley Chamber of Commerce, a member of the California Credit Union League’s Housing Committee, and Vice President of the African American Credit Union Coalition. He holds a Bachelor of Science in Business Administration from California State University and a Masters 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 banking experience, including 24 years in management and 18 years in a regional leadership position. Driven by her dedication to community service, Ms. Watkins is a former executive director of Junior Achievement of Southern Nevada and currently serves as the Capital Campaign, Family Gifts Division. In addition, Stacy leads the Lexicon Bank Community Spotlight program, a monthly initiative that highlights local nonprofits making a difference in the Southern Nevada community and connects them with banking partners and customers to support their missions. She holds a bachelor’s degree in business administration and management from the University of Phoenix and a Business of Banking certificate from the Pacific Coast Banking School.

Janet Silveria, President and CEO of the Community Bank of Santa Maria in Santa Maria, California, a current member of the Twelfth District CDIAC, was reappointed as Chair of the Council for 2022 and will continue to serve as the San Francisco Fed’s representative to the national CDIAC .

The bank also announced that James J. Schlotfeldt, President and CEO of First Federal Savings & Loan of McMinnville, Oregon, and Mina R. Worthington, President and CEO of Solarity Credit Union of Yakima, Washington, have been re-elected to the Council .

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 by the Board of Governors in 2010, the Community Depository Institutions Advisory Council is a group representing banks, savings institutions and credit unions of various sizes in the Twelfth District. The Council provides input to the Bank’s management on a variety of topics, including economic and banking conditions, regulatory policies, payment issues and other topics of interest to depositories in the community. The members usually have a term of office of three years.

About CTBC Bank Corp. (USA)

CTBC Bank USA is a trusted and established financial institution for business and personal customers. Founded in 1989 and headquartered in Los Angeles, CTBC Bank has offices in California, New Jersey and New York. The Bank’s operations include deposits, lending, credit cards, foreign exchange, letters of credit, wealth management, mobile and electronic banking services. Customers benefit from access to large banking resources paired with individual support and the tailor-made service of a small bank. Its parent company, CTBC Bank Co. Ltd., is backed by more than $180 billion in assets and is one of the largest banks in the world by capital. For more information about CTBC Bank, visit www.ctbcbankusa.com.

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