WINSTON-SALEM, N.C.— Piedmont Advantage Credit Union and the Federal Reserve Bank of Richmond Fifth District have announced the appointment of Piedmont Advantage President and CEO Judy Tharp to the Federal Reserve Bank of Richmond’s Community Depository Institutions Advisory Council (CDIAC).
The CDIAC advises the Federal Reserve Bank of Richmond’s leaders and Board of Governors about the state of local economies, banking conditions, and other issues across the Fifth District. The council’s 12 members meet twice a year representing banks, thrift institutions, and credit unions with assets of less than $10 billion. Tharp will serve on the CDIAC through mid-2018.
“Serving in this capacity, providing feedback to the Federal Reserve Bank Board of Governors is a role I take seriously and will also enjoy,” says Tharp. “I believe the creation of the CDIAC in 2010 confirms that the Federal Reserve Bank desires to stay in-tune with what is happening in local economies. I’m proud to provide feedback on behalf of all the communities that Piedmont Advantage Credit Union serves.”