The Community Depository Institutions Advisory Council (CDIAC), created in 2011, includes representatives from commercial banks, thrift institutions, and credit unions. The council provides information, advice, and recommendations to the Federal Reserve Bank of Philadelphia from the perspective of community depository institutions.
The CDIAC convenes twice a year in Philadelphia to share insight on economic and business trends facing community depository institutions in their local markets. Subsequent to each local meeting, a representative from Philadelphia’s council meets with counterparts from other Federal Reserve Banks at a council hosted by the Federal Reserve Board of Governors in Washington, D.C.
Each of the council members serves a three-year term.
Marcie Barber, President and CEO
Juniata Valley Financial Corporation and The Juniata Valley Bank
Anthony Biondi, CEO and Director
MNB Corporation and Merchants Bank of Bangor
Dennis D. Cirucci, President, CEO, and Director
Alliance Bancorp Inc. of Pennsylvania, and Alliance Bank
Ed Dietzler, President
The Bank of Princeton
Richard A. Grafmyre, President and CEO
Jersey Shore State Bank
Jersey Shore, PA
David E. Gillan, Chairman and CEO
Rehoboth Beach, DE
Thomas M. Petro, President and CEO
Fox Chase Bancorp, Inc.
Gerald L. Reeves, President, CEO, and Director
Sturdy Savings Bank
Stone Harbor, NJ
Gregory A. Smith, President and CEO
Pennsylvania State Employees Credit Union (PSECU)
Angela Snyder, Vice Chair and CEO
Fulton Bank of New Jersey
Mount Laurel, NJ
Mark Turner, President and CEO
WSFS Financial Corporation and WSFS Bank
Glenn L. Wilson, President and CEO
AmeriServ Financial, Inc.