Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Fed creates Community Depository Institutions Advisory Council
WASHINGTON (10/4/10)--The establishment of the new Community Depository Institutions Advisory Council (CDIAC) was announced by the Federal Reserve on Friday. In a release, the Fed said that the council, which will include credit union, bank and thrift representatives, “will provide input to the (Fed) on the economy, lending conditions, and other issues.” The Fed will select one member from each of its 12 Fed local advisory councils to serve on the new council. The Fed and the CDIAC will meet twice a year in Washington. The CDIAC replaces the Thrift Institutions Advisory Council, which has been active since 1981. Michael Kloiber of Oklahoma’s Tinker FCU and Randy Smith of Texas’s Randolph-Brooks FCU are currently serving on the Thrift Institutions Advisory Council. The 12 local advisory councils should begin meeting in “early 2011,” with the CDIAC scheduled to hold its first meetings later in that year, the Fed said. For the full release, use the resource link.
Other Resources

RSS print
News Now LiveWire
.@CUNA staff bring back "Pressing Issues" quarterly conference calls http://t.co/7XQMpcIqD1 #CUNAComply
12 minutes ago
Wis. @GovScottWalker signs #creditunion regulatory relief act, @WICULeague announces http://t.co/ELcxB0Xm71
26 minutes ago
.@ChartwayFCU making kids' wishes come true at Toby's Dream Foundation. See #NewsNow Thursday.
39 minutes ago
Heartbleed security threat is no match for @CUNA IT team http://t.co/YUxETsfoWh
1 hours ago
Inflation should remain in check as Consumer Price Index climbed 0.2% in March http://t.co/xBTkGar9OW
4 hours ago