CDIAC: Community Depository Institutions Advisory Council

CDIAC brings community institution perspective on economy, credit conditions, regulatory policies, payments

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

The CDIACs of the Federal Reserve Board and the 12 Reserve Banks were established by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

2012 Boston Fed CDIAC Members

James W. Blake
President/CEO
HarborOne Credit Union
Brockton, MA

Tom Caron
President/CEO
Bank of Easton
North Easton, MA

John J. Dwyer, Jr.
President/CEO
New England Federal Credit Union (NEFCU)
Williston, VT

Chandler Howard
President/CEO
Liberty Bank
Middletown, CT

Michael L'Ecuyer
President/CEO
Bellwether Community Credit Union
Manchester, NH

Joseph J. MarcAurele
President/CEO
Washington Trust
Westerly, RI

Christopher Oddleifson
President/CEO
Rockland Trust Company
Rockland, MA

Gregory Shook
President/CEO
Essex Savings Bank
Essex, CT

Bill Stapleton (Representative to the Federal Reserve Board CDIAC)
President/CEO
Northampton Co-Operative Bank
Northampton, MA

Gregg R. Tewksbury
President/CEO
Savings Bank of Walpole
Walpole, NH

Jane Walsh
President/CEO
Northmark Bank
North Andover, MA

Patricia Weigel
President
Norway Savings Bank
Norway, ME