The Federal Reserve Bank of San Francisco announced updates to its Community Advisory Council (CAC), naming two new members, reappointing one member for a second term, and re-designating its chair, effective January 1, 2026. Kim Folsom, Founder, Chairperson, and Chief Executive Officer of Founders First Capital Partners, and Mauri Ingram, President and Chief Executive Officer of Whatcom Community Foundation, join the CAC. Erin Abrahamson, Chief of Staff at the National Center for American Indian Enterprise Development, was reappointed for a second term, and Ryan Kusumoto, President and Chief Executive Officer of Parents and Children Together (PACT) – Hawai’i, was re-designated to serve as CAC Chair in 2026. Established in 2017, the Twelfth District CAC provides observations and advice to the Bank’s senior leadership on economic conditions and community developments, with an emphasis on underserved and lower-income communities, and also provides input on the Bank’s community development activities.
Federal Reserve Bank of San Francisco 2026-01-09
Federal Reserve Bank of San Francisco appoints new Community Advisory Council members and re-designates Ryan Kusumoto as chair
The Federal Reserve Bank of San Francisco updated its Community Advisory Council (CAC), appointing Kim Folsom and Mauri Ingram as new members, reappointing Erin Abrahamson for a second term, and re-designating Ryan Kusumoto as Chair for 2026. The CAC, established in 2017, advises on economic conditions and community developments, focusing on underserved and lower-income communities.