CDIAC: Community Depository Institutions Advisory Council

CDIAC brings community institution perspective on economy, credit conditions, regulatory policies, payments

The members of the First District Community Depository Institutions Advisory Council (CDIAC) bring information from their local communities to the Federal Reserve Bank of Boston. The council meets twice annually to advise the Federal Reserve Bank of Boston on the economy, lending conditions and other issues.

CDIAC members represent the diversity of financial institutions in New England. The 12 members represent commercial banks, thrifts and credit unions with assets less than $10 billion. Members are from the six New England states: Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island and Vermont.

The CDIACs of the Federal Reserve Board and the 12 Reserve Banks were established by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

2013 Boston Fed CDIAC Members

James W. Blake
President and CEO
HarborOne Credit Union
Brockton, MA

Donna Boulanger
President and CEO
North Brookfield Savings Bank
North Brookfield, MA

Edward Danek, Jr.
President and CEO
Hartford Federal Credit Union
Hartford, CT

John J. Dwyer, Jr.
President and CEO
New England Federal Credit Union (NEFCU)
Williston, VT

Chandler Howard
First District representative to the national CDIAC
President and CEO
Liberty Bank
Middletown, CT

Michael L'Ecuyer
President and CEO
Bellwether Community Credit Union
Manchester, NH

Joseph J MarcAurele
President and CEO
Washington Trust
Westerly, RI

Christopher Oddleifson
President and CEO
Rockland Trust Company
Rockland, MA

Joseph Scholl
President and CEO
Walpole Co-Operative Bank
Walpole, MA

Gregg R. Tewksbury
President and CEO
Savings Bank of Walpole
Walpole, NH

Jane Walsh
President and CEO
Northmark Bank
North Andover, MA

Patricia Weigel
President
Norway Savings Bank
Norway, ME