New display recognizes role of Omaha Branch, directors

A new display area in the lobby of the Kansas City Fed’s Omaha Branch honors those who have served the region. One component of the exhibit explains the important role of District directors and highlights the service of former alumni director Terry Moore.

The space was dedicated in a virtual ceremony hosted by President Esther George, Senior Vice President Diane Raley, Omaha Branch Executive Nate Kauffman and former Bank President Tom Hoenig.

During the streamed event, George explained that the display celebrates the Bank’s work and connections to the Omaha community and all of Nebraska.

“Not only will the exhibit help the public understand what we do in this office and across the United States, it is also an opportunity to explain the ways in which individuals across the country are engaged in Federal Reserve’s governance and contribute to our policy deliberations,” George said.

The size of the Federal Reserve staff at the Omaha Branch has more than doubled in recent years. This growth required facility improvements, including improved secure entrances. The new display includes Moore’s portrait and information about his service with the Kansas City Fed. Moore has the distinction of the longest service tenure of any Board member in the Tenth District, having served a total of 15 years—two terms on the Kansas City Board of Directors, two years on the Omaha Branch Board and two terms on the District’s Economic Advisory Council. Moore is the retired president of the Omaha AFL-CIO and was once the longest-serving elected labor leader in the country.

“Beyond his years of service, Terry has been a trailblazer in bringing organized labor’s perspective to the Federal Reserve System,” George said. “He was the first labor leader to sit on the Kansas City Fed’s Board of Directors. Without Terry’s contributions, it’s more difficult to say how or when we would have developed the network of labor leaders we have today." Joining the virtual dedication event were alumni directors who served alongside Moore, including Wyoming Governor Mark Gordon, a former Kansas City Board member.