Announcement

NY Fed Names Community Depository Institutions Advisory Council Members

CEOs Ferdinand R. Viaud and Menzo D. Case Appointed to Council

Keith Griffin

March 4, 2020

The Federal Reserve Bank of New York announced the appointment of two new members to its Community Depository Institutions Advisory Council. They are Ferdinand R. Viaud, president and CEO of Glen Rock Savings Bank in Glen Rock, New Jersey; and Menzo D. Case, president and CEO of Generations Bank in Seneca Falls, New York.

Council members are representatives from commercial banks, thrift institutions, and credit unions with assets under $10 billion and headquartered in the Federal Reserve’s Second District (New York State; Northern New Jersey; Fairfield County, Connecticut; Puerto Rico; and the U.S. Virgin Islands). The council provides information and insight to the New York Fed from the perspective of community depository institutions.

The New York Fed’s president and first vice president meet with the council twice a year to discuss regional economic and financial conditions and other issues confronting community depository institutions. The next meeting will take place in October.

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