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the Richmond Fed

April 1, 2019

Richmond Fed Appoints Community Affairs Officer

The Federal Reserve Bank of Richmond announces the following appointment, effective April 1: 

Christy Cleare has been appointed as assistant vice president and community affairs officer, effective April 1.

In this role, Cleare will lead the Richmond Fed’s Community Development function, including strategic planning, outreach programming and impact measurement. She also will have leadership roles with the Bank’s Community Investment Council and Federal Reserve System community affairs activities.

Cleare joined the Richmond Fed’s Supervision, Regulation and Credit department in 2011 and led the credit risk management function. Previously, she was a senior director for the Federal Home Mortgage Corporation and also worked for the Federal Reserve Bank of Atlanta, the Federal Home Loan Bank of Atlanta and Silverton Bank.

Cleare earned a bachelor’s degree in economics from Kennesaw State University and an MBA from Georgia State University.

As part of our nation’s central bank, the Richmond Fed is one of 12 regional Reserve Banks working together with the Board of Governors to support a healthy economy and deliver on our mission to foster economic stability and strength. We connect with community and business leaders across the Fifth Federal Reserve District — including the Carolinas, District of Columbia, Maryland, Virginia, and most of West Virginia — to monitor economic conditions, address issues facing our communities, and share this information with monetary and financial policymakers. We also work with banks to ensure they are operating safely and soundly, supply financial institutions with currency that’s fit for distribution, and provide a safe and efficient way to transfer funds through our nation’s payments system.


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