President Obama has announced he will nominate community banker Allan Landon to serve on the Fed Board of Governors. Landon’s community banking experience sets him apart from other members of the Federal Reserve -- economists, policymakers and bankers who built their careers at larger firms. Landon began his community banking career as CFO of Tennessee-based First American in 1998. In 2000, Landon was hired by the Bank of Hawaii Corporation as a chief risk officer and went on to become CEO. Most recently, Landon has worked with the $50 million Community BanCapital fund, which aimed to bolster the capital position of community banks by investing in their subordinated debt.