Federal Reserve Board announces Community Depository Institutions Advisory Council members for 2017
Release Date: August 9, 2016
For release at 4:00 p.m. EDT
The Federal Reserve Board on Tuesday announced the members of its Community Depository Institutions Advisory Council (CDIAC) and the president and vice president of the council for 2017.
CDIAC advises the Board on the economy, lending conditions, and other issues of interest to community depository institutions. Members are selected from representatives of commercial banks, thrift institutions, and credit unions serving on local advisory councils at the 12 Federal Reserve Banks. One member of each of the Reserve Bank councils serves on CDIAC, which meets twice a year with the Federal Reserve Board in Washington. Further information on the CDIAC can be found here: http://www.federalreserve.gov/aboutthefed/cdiac.htm.
Janet A. Garufis, president and chief executive officer of Montecito Bank & Trust, Santa Barbara, Calif., will serve as CDIAC president in 2017. Gilda M. Nogueira, president and chief executive officer of East Cambridge Savings Bank, Cambridge, Mass., will serve as vice president.
The other members of CDIAC in 2017 are:
Lora Benrud Chief Executive Officer WESTconsin Credit Union Menomonie, Wis.
S. Boyce Brown Chairman, President, and Chief Executive Officer Extraco Corporation Waco, Texas
Robert A. DeAlmeida President and Chief Executive Officer Hamilton Bank Baltimore, Md.
Kyle Heckman President and Chairman of the Board Flatirons Bank Boulder, Colo.
Christopher D. Maher President and Chief Executive Officer OceanFirst Financial Corporation and OceanFirst Bank Toms River, N.J.
Elizabeth G. McCoy President and Chief Executive Officer Planters Bank Hopkinsville, Ky.
Tyrone Muse President and Chief Executive Officer Visions Federal Credit Union Endicott, N.Y.
Jeff Plagge President and Chief Executive Officer Northwest Financial Corp. Arnolds Park, Iowa
Ronald J. Seiffert President and Chief Executive Officer DCB Financial Corporation and the Delaware County Bank and Trust Company Lewis Center, Ohio
Terry R. West President and Chief Executive Officer VyStar Credit Union Jacksonville, Fl.
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