New Board Member for Fed's Seattle Branch

By May O'Mahoney, Northwest Weekly - January 2015

In an interview with The Northwest Weekly, Craig Dawson, president and CEO of Retail Lockbox, Inc., Seattle, talks about his nomination to the Federal Reserve Board. Dawson discussed his appointment to the Fed Board, his career path and perspective, and what he brings to the table in this new role.

"Q: Pulling from your business background - your work with Retail Lockbox, Inc. in particular - what perspective do you think you will bring to the board?

CD: I bring a background of 30 years in the payment processing and technology space. Because Retail Lockbox, Inc. provides check, ACH, credit card, and online payment processing, I can bring a unique perspective. The Fed has moved away from the check processing business with Check 21 image processing over the last several years. My perspective keeps them abreast of what’s happening and how payments are transitioning from paper to electronic. I also have a lot of experience in real estate as well as board work for various business organizations. Those attributes give me some insight that the Fed may not have in our area right now."

Click here to read the entire article and interview.