Alum Features
The College of Saint Benedict was founded in 1913, the same year President Woodrow Wilson signed the Federal Reserve Act and created a system of 12 district banks across the country. One of them was the Federal Reserve Bank of Minneapolis, which opened in 1914 to serve the Ninth Federal Reserve District.
One-hundred-and-eight years later, the Minneapolis Fed board of directors has appointed its first female general counsel. LuAnne Kinney Pederson ’92, who has worked as an attorney for the bank since 2001, and began her new role as senior vice president on Wednesday, June 1.
“I think Saint Ben’s prepared me really well for this,” said Pederson, who worked in banking for seven years before graduating from William Mitchell College of Law in 2000. “Of course, law school taught me the legal piece. But Saint Ben’s provided that underlying liberal arts background that has been so helpful to me, providing me with a wide range of experiences and sharpening my general analytical skills.”
After graduating from South St. Paul High School, she visited CSB in part because her father had attended Saint John’s Preparatory School. She started as a government major but later switched to sociology, with a minor in Spanish.
Because of a sluggish recovery from a recession in the early 1990s, Pederson took a job as a bank teller and later personal banker – jobs she’d worked part-time during summers and vacations while she was in college.
“It was kind of a quirk that I ended up...
Sydney: A Melbourne-based Islamic community centre head has denounced what he termed as ‘false accusations’ after authorities in the United Arab Emirates linked the centre to an Omani co-pilot accu...