BUFFALO – The New York Fed announced that its board
of directors has designated Katherine E. Keough chair
of the Buffalo Branch board for 2004 and the Board of Governors
has re-appointed Dr. Keough for a three-year term beginning
The board of directors of the New York Fed also announced
the reappointment of Maureen Torrey Marshall and Peter
Humphrey as Buffalo Branch directors for three-year terms
beginning January 2004.
Dr. Keough is President of St. John Fisher College in Rochester.
She is currently a board member of the Rochester Business
Alliance and Holy Sepulchre Cemetery of Rochester, New York.
She is also a member of the Commissioner’s Advisory
Council on Higher Education for the State Education Department,
the University of the State of New York. In January 2001,
Dr. Keough received the Athena Award from the Women’s
Council of the Greater Rochester Metro Chamber of Commerce.
She earned a B.A. degree from Pace University, New York, New
York; an M.S. from Hofstra University, Hempstead, New York;
and an Ed.D. in Education Administration from Virginia Polytechnic
Institute and State University, Blacksburg, Virginia.
Ms. Torrey Marshall is Vice President of Torrey Farms Inc.,
a 10,000-acre fresh market vegetable, vegetable processing,
dairy and grain family farm located in Genesee, Orleans, Niagara
and Yates Counties. She is also owner and manager of a trucking
company. Among other activities, she is active in the National
Council of Agricultural Employers, the United Fresh Fruit
and Vegetable Association Foundation, the New York State Vegetable
Growers Board of Directors, the New York State Farm Bureau
and the Produce Marketing Association. Ms. Torrey Marshall
earned a B.S. degree from Iowa State University.
Mr. Humphrey is currently President and CEO of Financial Institutions,
Inc., a multi-bank holding company headquartered in Warsaw,
New York. He is also Chairman of National Bank of Geneva,
Wyoming County Bank, Bath National Bank and First Tier Bank
& Trust. Mr. Humphrey is a past chairman of the New York
State Bankers Association and past president of Independent
Bankers Association of New York State. He is a trustee of
the New York Bankers Retirement System and serves as Chairman
of the Genesee Region Commission of New York State Office
of Parks, Recreation, and Historic Preservation. Mr. Humphrey
received his bachelor’s degree from Trinity College
and is a graduate of The Stonier Graduate School of Banking
at Rutgers University.
Four of the seven Buffalo branch directors are appointed by
the board of the New York Fed; three are named by the Board
of Governors of the Federal Reserve System. The Buffalo board
chair is selected annually by the New York Fed head office
directors from the pool of Board of Governors’ appointees.