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.

Members: 

Charles H. Majors (Chair)*
Chairman & CEO
American National Bank
Danville, Va.

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

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

 G. William Beale
President & CEO
Union First Market Bank
Ruther Glen, Va.

Kathleen Walsh Carr
President
Cardinal Bank/Washington
Washington, D.C.

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

John R. Lane
President & CEO
Congressional Bank
Bethesda, Md.

Michael L. Middleton
Chairman & CEO
Community Bank of Tri-County
Waldorf, Md.

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

Gwen Thompson
President & CEO
Clover Community Bank
Clover, S.C.

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

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

*Mr. Majors serves as the Fifth District representative on the Federal Reserve Board’s Community Depository Institutions Advisory Council (CDIAC) and will serve as its president in 2013.