Press Release
Membership Changes Made to New York Fed’s Community Depository Institutions Advisory Council
February 5, 2013

NEW YORK—The Federal Reserve Bank of New York today announced several changes to the membership of its Community Depository Institutions Advisory Council (CDIAC).

The following people have been appointed to the council effective immediately and will serve a three-year term:

  • Lisa M. Cathie, president and chief executive officer of Ulster Savings Bank in Kingston, New York.
  • Martin A. Dietrich, president and chief executive officer of NBT Bank, N.A. and NBT Bancorp Inc. in Norwich, New York.
  • James W. Fulmer, chairman, president and chief executive officer of The Bank of Castile in Batavia, New York.

Council members are representatives from commercial banks, thrift institutions and credit unions with assets under $10 billion headquartered in the Second Federal Reserve District (New York, northern New Jersey; Fairfield County, Connecticut; Puerto Rico and the U.S. Virgin Islands). The purpose of the council is to provide information and insight to the New York Fed from the perspective of community depository institutions.

The New York Fed’s president and first vice president meet with the council twice a year to discuss regional economic and financial conditions and other issues confronting community depository institutions.

Community Depository Institutions Advisory Council »