Three more CEOs–representing some of the largest credit unionsin New York state–have now been named to serve on a special bank/CUadvisory panel of the Federal Reserve Bank of New York, the lastdistrict bank to fill out slots on the so-called CommunityDepository Institutions Advisory Council.

Like other CEOs elsewhere in the country joining the regionalFed panels, the trio–Robert G. Allen of Teachers FCU, Mary Maddenof Hudson Valley FCU, and Michael J. Castellana of State EmployeesFCU–will participate in sessions aimed at cementing closer“grassroots” ties between the Fed staff in Washington and communitybanks and CUs.

“It's absolutely great that we are getting recognized andinvited to the table,” said Madden, head of the $2.9 billionPoughkeepsie CU. The first meeting of the New York Fed CDIAC isMarch 25.

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