The members of the First District’s Community Depository Institutions Advisory Council (CDIAC) bring information from their local communities to the Boston Fed. The council meets twice annually to advise the Bank 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 and 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.