Federal Reserve Board Announces Members of its Community Depository Institutions Advisory Council for 2019





(September 7, 2018) - - he Federal Reserve Board on Friday announced the members of its Community Depository Institutions Advisory Council (CDIAC) and the president and vice president of the council for 2019.

The 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 the 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.

Christopher D. Maher, president and chief executive officer of OceanFirst Financial Corporation and OceanFirst Bank, Toms River, N.J., will serve as CDIAC president in 2019. Joe Quiroga, president and chief executive officer of Texas National Bank, Edinburg, Texas, will serve as vice president.

The other members of the CDIAC in 2019 are:

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

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

Brad Koehn
Regional President
Midwest Bank
Lincoln, Neb.

Shari Laven
Chief Executive Officer
Viking Bank
Alexandria, Minn.

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.

T. Michael Price
President and Chief Financial Officer
First Commonwealth Financial Corp.
Indiana, Pa.

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

Dorothy A. Savarese
Chairman, President, and Chief Executive Officer
Cape Cod 5
Orleans, Mass.

Ann Wells
Chief Executive Officer
Commonwealth Bank & Trust Company
Louisville, Ky.


Courtesy: Board of Governors of the Federal Reserve System