Richard D. Folger of Midland reappointed to Dallas Fed's El Paso Branch board

For Immediate Release: January 31, 2018

DALLAS—Richard D. Folger of Midland has been reappointed to the Federal Reserve Bank of Dallas’ El Paso Branch board of directors by the Federal Reserve Board of Governors in Washington, D.C. He will serve a three-year term ending December 2020.

As a board member, Folger provides input on regional economic conditions as part of the Federal Reserve’s monetary policy functions.

Folger is managing general partner of Colbridge Partners Ltd.

He serves as a director of the Permian Basin Petroleum Association and as immediate past chairman of the board of trustees of Midland Memorial Hospital.

He also is on the advisory boards of the Helen Greathouse Charitable Trust and Rea Charitable Trust. He serves on the executive committee of the University of Texas System Chancellor’s Council, chairman of the advisory council for the University of Texas McCombs School of Business and advisory board for the University of Texas Cockrell School of Engineering.

Folger earned a BBA and BS from the University of Texas at Austin and an MS from the University of Notre Dame. He is a graduate of the Southwestern Graduate School of Banking at Southern Methodist University.

The El Paso Branch board consists of seven members, four appointed by the Dallas Fed and three by the Federal Reserve Board of Governors in Washington, D.C.

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Media contact:
James Hoard
Federal Reserve Bank of Dallas
Phone: (214) 922-5307
E-mail: james.hoard@dal.frb.org