The Federal Reserve Bank of Boston announced the appointment of five new members to the Federal Reserve’s CDIAC
March 4, 2020
The Federal Reserve Bank of Boston announced the appointment of five new members to the Federal Reserve’s First District Community Depository Institutions Advisory Council (CDIAC).
CDIAC (Community Depository Institutions Advisory Council) members offer the Fed views on the economy, lending conditions, and other issues facing thrift institutions, credit unions, and community banks with different charters and regulators (including state members, state nonmembers, and national banks). The CDIACs were established in each of the 12 Federal Reserve districts by the Federal Reserve Board of Governors in 2010.
“Council members bring important perspectives on the economy from financial institutions all around the First District,” said Eric Rosengren, president and CEO of the Federal Reserve Bank of Boston. “I’m delighted to welcome these five new members, and I look forward to our conversations and their contributions.”
The new members include: