Four new and seven returning members to serve in 2023 on the council that advises the Federal Reserve Board on the economy, lending conditions, and other matters of interest to community depository institutions were announced by the Fed Thursday.
The Fed said Community Depository Institutions Advisory Council (CDIAC) members are selected from representatives of commercial banks, thrift institutions, and credit unions serving on local advisory councils at the 12 Federal Reserve Banks and serve three-year terms, with one member of each of the Reserve Bank councils chosen for council membership.
The Fed said a council member from Minneapolis will be announced at a later date.
The council meets twice a year with the Federal Reserve Board in Washington, D.C., it said. The 11 CDIAC members announced Thursday, beginning with the four new members, are:
- Daniel P. Berry, president and CEO of Duke University Federal Credit Union, Durham, N.C.
- Tyler K. Clinch, CEO and president of First Community Bank of East Tennessee, Kingsport, Tenn.
- Luanne Cundiff, president and CEO of First State Bank of St. Charles, St. Charles, Mo.
- James S. Vaccaro, chair, president and CEO of Manasquan Bank, Wall Township, N.J.
- Kim DeVore, president and CEO of Jonah Bank of Wyoming, Casper, Wyo.
- Tracy Harris, president and CEO of National Bank and Trust, La Grange, Texas
- Kent A. Liechty, president and CEO of First Bank of Berne, Berne, Ind.
- Janet Silveria, president and CEO of Community Bank of Santa Maria, Santa Maria, Calif.
- Chuck Sulerzyski, president and CEO of Peoples Bank, Marietta, Ohio
- Kathryn G. Underwood, president and CEO of Ledyard National Bank, Hanover, N.H.
- Jeane M. Vidoni, president and CEO of Penn Community Bank, Perkasie, Pa.
Vidoni will serve as council president, and Slerzyski will be vice president, the Fed said.
Federal Reserve announces members of its Community Depository Institutions Advisory Council (CDIAC) for 2023
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