Federal Reserve: Board Announces Community Depository Institutions Advisory Council Members for 2018

The Federal Reserve Board on Wednesday announced the members of its Community Depository Institutions Advisory Council (CDIAC) and the president and vice president of the council for 2018.

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.

Gilda M. Nogueira, president and chief executive officer of East Cambridge Savings Bank, Cambridge, Mass., will serve as CDIAC president in 2018. Christopher D. Maher, president and chief executive officer of OceanFirst Financial Corporation and OceanFirst Bank, Toms River, New Jersey, will serve as vice president.

The other members of CDIAC in 2018 are:

Lora Benrud
Chief Executive Officer
WESTconsin Credit Union
Menomonie, Wis.

Alvin J. Cowans
President and Chief Executive Officer
McCoy Federal Credit Union
Orlando, Fla.

Robert A. DeAlmeida
President and Chief Executive Officer
Hamilton Bank
Baltimore, Md.

Thomas J. Fraser
President and Chief Executive Officer
First Federal Lakewood
Lakewood, Ohio

Kyle Heckman
President and Chairman of the Board
Flatirons Bank
Boulder, Colo.

Elizabeth G. McCoy
President and Chief Executive Officer
Planters Bank
Hopkinsville, Ky.

Christopher J. Murphy III
Chairman and Chief Executive Officer
1st Source Corporation and 1st Source Bank
South Bend, Ind.

Tyrone E. Muse
President and Chief Executive Officer
Visions Federal Credit Union
Endicott, N.Y.

Joe Quiroga
President and Chief Executive Officer
Texas National Bank
Mercedes, Texas

Richard M. Sanborn
President and Chief Executive Officer
Seacoast Commerce Bank and Seacoast Commerce Banc Holdings
San Diego, Calif.

For media inquiries, call 202-452-2955.

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