2007 News Releases

For immediate release: January 11, 2007

Pete Cook Elected to Dallas Fed Board

DALLAS—Pete Cook of Alamogordo, N.M., has been elected by the Federal Reserve Bank of Dallas’ member banks to the Dallas Fed’s board of directors. He will serve a three-year term ending Dec. 31, 2009.

He also served on the board of the Dallas Fed’s El Paso Branch.

Cook is president and CEO of First National Bank in Alamogordo. He served as First National’s senior vice president from 1987 to 1991.

Previously, he was senior vice president for United New Mexico Bank and First National Bank of Lea County, both of Hobbs, N.M.

Cook serves on the boards of the Otero Economic Development Council, Alamogordo Foundation and Alamogordo Committee of Fifty.

He is a graduate of Southern Methodist University Graduate School of Banking.

Each Federal Reserve Bank has a nine-member board of directors. Three members represent commercial banks, three represent the public and three are appointed by the Federal Reserve System Board of Governors in Washington, D.C.

For more information on the Federal Reserve Bank of Dallas, visit www.dallasfed.org.

-30-

Media contact:
James Hoard
Phone: (214) 922-5307
e-mail: james.hoard@dal.frb.org