Federal Reserve Board announces four new members of its Community Depository Institutions Advisory Council (CDIAC)

　　The Federal Reserve Board on Thursday announced four new members of its Community Depository Institutions Advisory Council (CDIAC), and the president and vice president of the council for 2024.

　　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 and serve three-year terms. 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, D.C.

　　Chuck Sulerzyski, president and chief executive officer of Peoples Bank, Marietta, Ohio, will serve as CDIAC president in 2024. Kim DeVore, president and chief executive officer of Jonah Bank of Wyoming, Casper, Wyo., will serve as vice president. The four new CDIAC members will replace former members from the Boston, Philadelphia, Chicago, and San Francisco districts.

　　The Council is scheduled to meet April 11 and November 14, 2024. Further information on the CDIAC, including records from their meetings with the Board, can be found here.

　　The new members of CDIAC in 2024:

　　Ronald Justice

　　President and Chief Executive Officer

　　The State Bank

　　Fenton, Mich.

　　Agnes Catherine Ngo

　　Chair of Central Pacific Financial Corp.

　　Central Pacific Bank

　　Honolulu, Hawaii

　　Jeffrey A. Stopko

　　President and Chief Executive Officer

　　AmeriServ Financial Inc.

　　Johnstown, Pa.

　　Anne P. Tangen

　　President and Chief Executive Officer

　　BankFive

　　Fall River, Mass.

　　The other members of CDIAC in 2024:

　　Daniel P. Berry

　　President and Chief Executive Officer

　　Duke University Federal Credit Union

　　Durham, N.C.

　　Dylan S. Clarkson

　　President and Chief Executive Officer

　　Pioneer Bank & Trust

　　Spearfish, S.D.

　　Tyler K. Clinch

　　Chief Executive Officer and President

　　First Community Bank of East Tennessee

　　Kingsport, Tenn.

　　Luanne Cundiff

　　President and Chief Executive Officer

　　First State Bank of St. Charles

　　St. Charles, Mo.

　　Tracy Harris

　　President and Chief Executive Officer

　　National Bank and Trust

　　La Grange, Texas

　　James S. Vaccaro

　　Chair, President, and Chief Executive Officer

　　Manasquan Bank

　　Wall Township, N.J.

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