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News Now

CU System
Fed-Philadelphia names 2 CU CEOs to council
PHILADELPHIA (2/7/11)--Two credit union CEOs were among 12 members appointed to the Philadelphia Federal Reserve’s Community Depository Institution Advisory Council (CDIAC).
The CEOs are:
* Martin J. Banecker, president/CEO of Campbell Employees FCU, Cherry Hill, N.J.; and * Stephen Cimo, president/CEO of Delaware State Police FCU, Georgetown, Del.
The CDIAC members will convene twice a year in Philadelphia to share insight on economic and business trends facing community depository institutions in their local markets. Subsequent to each local meeting, a representative from Philadelphia’s council will then meet with counterparts from other Federal Reserve Banks at a council hosted by the Federal Reserve Board in Washington, D.C.


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