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Tuesday, August 13, 2013

ABA Members to Lead 2014 Fed Advisory Council

The Federal Reserve announced the members of its 2014 Community Depository Institutions Advisory Council (CDIAC), including ABA member bank executives who will serve as the panel’s president and vice president.

The CDIAC advises the Fed on the economy, lending conditions and other issues. 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 from each of those councils serves on the CDIAC, which meets twice a year with the Fed board in Washington.

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