The Federal Reserve Bank of Minneapolis today announced the appointment of a new member of the Helena Branch board of directors for 2017.
Norma Polovitz Nickerson, research professor and director, Institute for Tourism and Recreation Research (ITRR) in the College of Forestry and Conservation at the University of Montana, was appointed to the Helena Branch board for a three-year term. Nickerson has 22 years of experience leading the ITRR and will join the Helena Branch board as a tourism and recreation expert. Nickerson’s civic participation spans more than 30 years and multiple organizations in the Ninth District, including Bike Walk Montana and Missoula in Motion. She will begin her first term on Jan. 1, 2017.
Nickerson is replacing Helena Branch director Thomas R. Swenson, president and chief executive officer of the Bank of Montana in Missoula. Swenson’s term will end on Dec. 31, 2016.
About the Helena Branch Board of Directors
Helena Branch directors contribute regional perspectives on economic conditions as part of the Federal Reserve’s monitoring of the national economy and the formulation of monetary policy. In addition, the Branch’s board of directors serves in an advisory capacity to the management of the Helena Branch of the Federal Reserve Bank of Minneapolis.
The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.