Community Depository Institutions Advisory Council

Advisory Councils

Community Depository Institutions Advisory Council
Community Investment Council
Federal Advisory Council
Payments Advisory Council

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The Community Depository Institutions Advisory Council is a newly- mandated council by the Board of Governors intended to replace the Thrift Institution Advisory Council. Its purpose is to provide community depository institutions with total assets of less than $10 billion a chance to relay information, advice and recommendations to the Federal Reserve System. The council provides input to the Richmond Fed on the economy, lending conditions and other issues. Members are representatives of banks, thrift institutions and credit unions in the Fifth Federal Reserve District. One member of the council serves with counterparts from other Reserve Banks on the Community Depository Institutions Advisory Council of the Federal Reserve Board, which meets with the Board twice a year in Washington.