Advisory Councils

Community Depository Institutions Advisory Council


The Community Depository Institutions Advisory Council (CDIAC) advises our Bank’s leaders and the Board of Governors about local economies, banking conditions and other issues across the Fifth District. The council’s 12 members meet twice a year and represent banks, thrift institutions and credit unions with total assets of less than $10 billion. The Board of Governors requires that each Reserve Bank have a CDIAC, and we established our council in 2010. The chair of each Reserve Bank’s council serves on the Federal Reserve Board’s CDIAC, which meets with the Board of Governors twice a year in Washington.


Jan Roche (Chair)*
President & CEO
State Department Federal Credit Union
Alexandria, Va.

Michael L. Middleton (Vice-Chair)
Chairman & CEO
Community Bank of the Chesapeake
Waldorf, Md.

Michael C. Crapps
President & CEO
First Community Bank
Lexington, S.C.

Robert A. DeAlmeida
President & CEO
Hamilton Bank
Towson, Md.

Suzanne DeFerie
President & CEO
Asheville Savings Bank
Asheville, N.C.

Michael P. Fitzgerald
Chairman, President & CEO
Bank of Georgetown
Washington, D.C.

R. Wayne Hall
President & CEO
First Federal Savings & Loan
Charleston, S.C.

Charles H. Majors
Chairman & CEO
American National Bank
Danville, Va.

Carl Ratcliff, Jr.
President & CEO
ABNB Federal Credit Union
Chesapeake, Va.

Kim D. Saunders
President & CEO
Mechanics & Farmers Bank
Durham, N.C.

Brian Thomas
President & CEO
Clear Mountain Bank
Bruceton Mills, W.Va.

Frank W. Wilkinson
President and CEO
First Century Bank
Bluefield, W.Va.

*Ms. Roche serves as the Fifth District representative on the Federal Reserve Board’s Community Depository Institutions Advisory Council (CDIAC).

Contact Us


Latonya Austin
(804) 697-8631