Ray M. Gidney

Mr. Gidney was born in Santa Barbara, California on January 17, 1887. He attended the University of California, graduating in 1912 with a Bachelor of Science degree. Mr. Gidney first became associated with the Federal Reserve System in 1914 when he was appointed secretary to the Hon. Adolph C. Miller, then a member of the Federal Reserve Board. In 1917, he joined the Federal Reserve Bank of New York, where he served until 1944. He was vice president of Bank Supervision and Bank Relations there when he was chosen to head this Bank.