Federal Reserve: Community Depository Institutions Advisory Council Members for 2017 Announced

The Federal Reserve Board on Tuesday announced the members of its Community Depository Institutions Advisory Council (CDIAC) and the president and vice president of the council for 2017.

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.

Janet A. Garufis, president and chief executive officer of Montecito Bank & Trust, Santa Barbara, Calif., will serve as CDIAC president in 2017. Gilda M. Nogueira, president and chief executive officer of East Cambridge Savings Bank, Cambridge, Mass., will serve as vice president.

The other members of CDIAC in 2017 are:

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

S. Boyce Brown
Chairman, President, and Chief Executive Officer
Extraco Corporation
Waco, Texas

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

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

Christopher D. Maher
President and Chief Executive Officer
OceanFirst Financial Corporation and OceanFirst Bank
Toms River, N.J.

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

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

Jeff Plagge
President and Chief Executive Officer
Northwest Financial Corp.
Arnolds Park, Iowa

Ronald J. Seiffert
President and Chief Executive Officer
DCB Financial Corporation and the Delaware County Bank and Trust Company
Lewis Center, Ohio

Terry R. West
President and Chief Executive Officer
VyStar Credit Union
Jacksonville, Fl.

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