The New York Fed president and first vice president will meet with the council twice a year to discuss regional economic and financial conditions, and other issues confronting community depository institutions.
Council members will generally serve three-year terms, which may be extended.
One member from the New York Fed’s council will also join counterparts from councils across the Federal Reserve System for twice yearly meetings of the Community Depository Institutions Advisory Council of the Federal Reserve Board of Governors in Washington, D.C. Peter G. Humphrey, president and chief executive officer of Five Star Bank and Financial Institutions, Inc., will serve as the representative from the Second District.
The newly appointed members of the New York Fed’s council are listed below:
| Robert G. Allen President and Chief Executive Officer Teachers Federal Credit Union Farmingville, New York |
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| Michael J. Castellana President and Chief Executive Officer SEFCU Albany, New York |
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| José Rafael Fernández President, Chief Executive Officer and Vice Chairman Oriental Bank and Trust and Oriental Financial Group San Juan, Puerto Rico |
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| Peter G. Humphrey President and Chief Executive Officer Five Star Bank and Financial Institutions Inc. Warsaw, New York |
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| Frank A. Kissel Chairman and Chief Executive Officer Peapack-Gladstone Bank and Peapack-Gladstone Financial Corp. Bedminster, New Jersey |
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Mary D. Madden |
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| Paul P. Mello President and Chief Executive Officer Solvay Bank and Solvay Bancorp Solvay, New York |
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| Ross J. Prossner President and Chief Executive Officer Beacon Federal and Beacon Federal Bankcorp East Syracuse, New York |
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| Thomas J. Shara President and Chief Executive Officer Lakeland Bank and Lakeland Bancorp, Inc. Oak Ridge, New Jersey |
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| George Strayton President and Chief Executive Officer Provident Bank and Provident New York Bancorp Montebello, New York |
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| John F. Trentacosta President and Chief Executive Officer Newtown Savings Bank Newtown, Connecticut |
Contact
Media Relations
NY.Fed.Media.Relations@ny.frb.org
