For immediate release: January 5, 2024
JACKSONVILLE, Fla.—The Federal Reserve Bank of Atlanta announces the appointment of Dana Kilborne to the Jacksonville Branch board of directors. Kilborne was appointed by the Atlanta board of directors to a three-term beginning January 1, 2024, and ending December 31, 2026.
Kilborne is chief executive officer for Cypress Capital Group and president and chief executive officer for Cypress Bank & Trust in Melbourne, Florida. She is a member of the board of directors of the Economic Development Commission of the Space Coast and the Florida Bankers Association. Kilborne is a graduate of Stonier Graduate School of Banking.
Edward Moratin, president of Lift Orlando, was reappointed by the Board of Governors to a three-year term beginning January 1, 2024, and ending December 31, 2026.
The other directors of the Atlanta Fed's Jacksonville Branch are:
- Monesia Brown, director of public affairs and government relations of Walmart Inc. in Tallahassee (term expires December 31, 2024),
- Timothy P. Cost, president of Jacksonville University in Jacksonville (term expires December 31, 2024),
- Brian Wolfburg, president and chief executive officer of VyStar Credit Union in Jacksonville (term expires December 31, 2024),
- R. Andrew Watts, executive vice president, chief financial officer, and treasurer of Brown & Brown Inc. in Daytona Beach, Florida (term expires December 31, 2025), and
- Lisa Palmer, president and chief executive officer of Regency Centers Corporation in Jacksonville (term expires December 31, 2025).
Federal Reserve Bank of Atlanta branch directors provide economic information from their industries and the branch territory to the district Bank's president and head office directors, who use the information in discussing monetary policy options and making discount rate recommendations. The Board of Governors appoints three of the Jacksonville Branch directors, and the Atlanta head office directors appoint four.