Joe Quiroga of Edinburg and Cindy Taylor of Houston have been re-elected to the Federal Reserve Bank of Dallas board of directors by its member banks. They will both serve a three-year term ending December 31, 2025. In this role, they provide input on regional economic conditions as part of the Federal Reserve’s monetary policy function. Quiroga and Taylor joined the board in 2020.
Quiroga previously served on the Dallas Fed’s San Antonio branch Regional Bank Council from 2016 to 2018 and the bank’s Community Depository Institutions Advisory Council from 2017 to 2019. He is president of Edinburg-based Texas National Bank and a member of its board of directors. Prior to joining Texas National Bank, he was a vice president at JPMorgan Chase with positions in commercial lending and private banking/managing global clients.
Quiroga received his BBA degree from the University of Texas–Pan American. He is immediate past board chair of the Boys & Girls Club of Edinburg and a board member of the VAMOS Scholarship Fund. He also served on the board of the Texas Bankers Association and is a current committee member on the Office of the Comptroller of the Currency’s Minority Depository Institutions Advisory Committee in Washington, D.C.
Taylor served on the Dallas Fed’s Houston branch board from 2018 to 2019. She is president and CEO of Oil States International Inc. and a member of company’s board of directors. She previously served as president and chief operating officer of Oil States International from 2006 to 2007, and as senior vice president, chief financial officer and treasurer from 2000 to 2006. Prior to her tenure at Oil States International, Taylor was chief financial officer at L.E. Simmons & Associates Inc. She has also held positions at Cliffs Drilling Company and Ernst & Young LLP. In addition, she serves on the AT&T board of directors.
Taylor holds a BBA degree from Texas A&M University and is a certified public accountant. She is active in the 12th Man Foundation, Mays Business School Development Council at Texas A&M University and Texas Children’s Hospital.
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 Board of Governors in Washington, D.C.