Dorothy Bridges is senior vice president responsible for community development, outreach and public affairs at the Federal Reserve Bank of Minneapolis. She joined the bank in July 2011. Prior to that, she was president and CEO of City First Bank in Washington, D.C. She served in the same role at Franklin National Bank in Minneapolis from 1999 to 2008.
Bridges has over 30 years of banking experience, much of it centered on local lending and development markets. Prior to joining Franklin National Bank, Bridges was a senior consultant for Barefoot, Marrinan & Associates, a bank regulatory compliance firm, where she focused on issues related to the Community Reinvestment Act and the Fair Lending Act. In 1995, Bridges joined the Community Reinvestment Fund, a private nonprofit corporation that securitizes economic development loans for secondary market investments.
Bridges is known for her community work in Washington and in Minneapolis. In 2009, the Washington Business Journal reported her as one of Ten People to Watch, noted for her work as an advocate for the poorest neighborhoods and the American Banker placed her in their 25 Women to Watch. Finance and Commerce named her one of the Top Women in Finance in 2002. While serving as president and CEO of Franklin National Bank in Minneapolis, she received the Women of Achievement Award from the TwinWest Chamber of Commerce in 2000 and was recognized as one of the most influential women in business and finance by local business publications.
Bridges, who began her banking career in 1979, has served on the board of directors of the Federal Reserve Bank of Minneapolis and as a member of the Federal Reserve System’s Consumer Advisory Council. She has also served on community banking councils for the American Bankers Association and the Federal Deposit Insurance Corporation. She is currently chair of the board of directors of the Northwest Area Foundation.
Bridges earned a Bachelor of Arts from the University of Montana in 1980.