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BS, Finance, Utah State University, 1981
MBA, Utah State University, 1989
Professional Achievement Award Recipient - Wednesday, October 20, 2010
Rick Hornsby began his 28-year banking career at First Security Bancorporation in 1982. In 1984, he joined the Federal Reserve Bank of San Francisco as a bank examiner in the Banking Supervision & Regulation division. During his tenure as a supervising examiner, among many other assignments, Mr. Hornsby was the examiner-in-charge of the second largest bank holding company in the U.S. In 1994, after holding key senior leadership positions within Supervision & Regulation, he joined the Salt Lake City Branch as the director of business development and information technology services. Soon after that assignment was made, Mr. Hornsby was asked to add management of the Fed’s for-profit payment services to his responsibilities.
In 2000, Mr. Hornsby was promoted to vice president and asked to move to the San Francisco office and work in the Federal Reserve System’s National Support Function Office. In this new assignment, Mr. Hornsby was specifically responsible for directing the development of FedLine for the web project that enabled commercial banks to conduct business with the Federal Reserve via a secure internet protocol.
In 2001, Mr. Hornsby was promoted to group vice president and branch manager of the Portland branch of the Federal Reserve Bank of San Francisco. Reporting to the Board of Directors, Mr. Hornsby had overall responsibility for the Fed’s efforts in Oregon, Idaho and a portion of Washington. In addition to responsibility for the Portland branch, Mr. Hornsby was assigned district-wide responsibility for business development in Payment Services. In this role, Mr. Hornsby led the bank’s effort to market correspondent banking services to 1,400 financial institutions throughout the western United States and Guam.
In 2006, he was transferred to the head office and served as the division head for the bank’s Financial Planning and Control function, Corporate Strategy and Corporate Administration.
Mr. Hornsby earned a bachelor’s degree in business administration - finance and an MBA from the Jon M. Huntsman School of Business at Utah State University.
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