* Appointments bring FASB’s membership to 7 from 5

* Board facing deadline to align US, international rules (Adds details of two new members)

NEW YORK, Jan 14 (Reuters) - The Financial Accounting Foundation named two members to the Financial Accounting Standards Board, expanding the board that sets U.S. accounting rules to seven members from five.

The two new members are Daryl Buck, chief financial officer of Reasor’s Holding Co in Tahlequah, Oklahoma, and R. Harold Schroeder, a former audit partner at Ernst & Young and now a partner at Carlson Capital LP in Greenwich, Connecticut, the foundation said in a statement on Friday.

The foundation had announced in August that it was expanding the accounting board membership to better handle a major project to converge U.S. and international standards.

FASB and the International Accounting Standards Board, which sets international rules, are trying to align major areas of accounting rules by June, a timetable being pushed by leaders of the G-20 group of nations.

Buck was an audit manager at the Houston and Oklahoma City offices of Arthur Andersen from 1984 to 1992. He has also served as a member of the private company financial reporting committee, an advisory group to FASB.

Schroeder has been a senior portfolio manager for the last 11 years, overseeing investments at Dallas-based money manager Carlson Capital.

From 2008 to 2010, he was a member of the standing advisory group for the Public Company Accounting Oversight Board, created by the 2002 Sarbanes-Oxley act to oversee auditors. (Reporting by Dena Aubin; Editing by Lisa Von Ahn and Matthew Lewis)