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Tuesday, September 29, 2015

Federal Reserve Announces 2016 CDIAC Members

The Federal Reserve announced the members of its Community Depository Institutions Advisory Council (CDIAC) for 2016.

CDIAC advises the Board on the economy, lending conditions and other issues of interest to community depository institutions. Members are selected from representatives of 12 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.

Four of the nine banks in CDIAC are also members of ABA.

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