Community Depository Institutions Advisory Council
The council is composed of representatives from commercial banks, thrift institutions and credit unions in the Second District. The purpose of the council is to provide information and insight to the New York Fed from the perspective of community depository institutions. The New York Fed president and first vice president meet with the council twice a year to discuss regional economic and financial conditions, and other relevant issues. Council members generally serve three-year terms that expire in December of the year indicated.