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Board of Governors of the Federal Reserve System
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Press Release

Federal Reserve Press Release

Release Date: February 16, 2011

For immediate release

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 2011.

CDIAC will provide input to the Board on the economy, lending conditions, and other issues. Members were selected from representatives of banks, thrift institutions, and credit unions serving on newly created local advisory councils at the 12 Federal Reserve Banks. One member of each of the Reserve Bank councils will serve on the CDIAC, which will meet twice a year with the Federal Reserve Board in Washington. The Board announced in October that it was forming the CDIAC to replace the Thrift Institutions Advisory Council.

Barrie G. Christman, chairman of Principal Bank in Des Moines, Iowa, will serve as president of CDIAC in 2011, and Howard T. Boyle, president and chief executive officer of Home Savings Bank in Kent, Ohio, will serve as vice president.

The other members of the CDIAC are:

William T. Stapleton
President and Chief Executive Officer
Northampton Co-Operative Bank
Northampton, Mass.

Peter G. Humphrey
President and Chief Executive Officer
Five Star Bank and Financial Institutions, Inc.
Warsaw, N.Y.

Richard J. Green
Chief Executive Officer
Firstrust Bank
Conshohocken, Pa.

Charles Majors
Chairman and Chief Executive Officer
American National Bank
Danville, Va.

Claire W. Tucker
President and Chief Executive Officer
CapStar Bank
Nashville, Tenn.

Dennis M. Terry
President and Chief Executive Officer
First Clover Leaf Bank
Edwardsville, Ill.

Peter J. Johnson
President and Chief Executive Officer
American Federal Savings Bank
Helena, Mont.

Michael Kloiber
President and Chief Executive Officer
Tinker Federal Credit Union
Tinker Air Force Base, Okla.

Randy M. Smith
President and Chief Executive Officer
Randolph-Brooks Federal Credit Union
Universal City, Texas

Kay M. Hoveland
President and Chief Executive Officer
Kaiser Federal Bank and K-Fed Bancorp
Covina, Calif.

 
Last update: February 16, 2011