WASHINGTON-The Federal Reserve Board named seven new members to its Thrift Institutions Advisory Council last week, including credit union supported Eastman Credit Union President and CEO Olan O. Jones, Jr. of Kingsport, Tenn. “Credit unions will be ably and well represented by their two representatives on the Council: Mr. Jones, and David L. Vigren, president and CEO of ESL FCU in Rochester, N.Y., who backed Mr. Jones’ appointment to the Council,” CUNA President and CEO Dan Mica said. The 12-member council is an advisory group to the Fed on developments relating to thrift institutions, the housing industry, mortgage finance, and certain regulatory issues. Vigren already serves on the TIAC.

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