COLORADO BUSINESS LEADER APPOINTED TO The Board of Governors of the Federal Reserve has announced that Lu M. Cordova, president of CTEK Venture Centers and chair of CTEK Angels, Boulder, Colo. has been appointed to the Board of Directors of the Federal Reserve Bank of Kansas City. The Reserve Bank's board includes nine directors, three of whom are appointed by the Federal Reserve Board in Washington, D.C. to represent the general public. The remaining six directors are elected by member banks in the seven states of the Tenth Federal Reserve District: Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico and western Missouri. Reserve Bank directors meet monthly to oversee the Bank's operations and policies, and to confer on economic and banking developments. Among directors' responsibilities is establishing the Bank's discount rate, subject to review and determination by the Federal Reserve Board. ### Return to www.kansascityfed.org
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