Community Depository Institutions Advisory Council

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.

Martin J. Banecker, President and CEO
Campbell Employees Federal Credit Union
Cherry Hill, NJ

Stephen Cimo, President and CEO
Delaware State Police Federal Credit Union
Georgetown, DE

Dennis D. Cirucci, President, CEO, and Director
Alliance Bancorp Inc. of Pennsylvania, and Alliance Bank
Broomall, PA

Gerard P. Cuddy, President and CEO
Beneficial Bank
Philadelphia, PA

Richard A. Grafmyre, President and CEO
Jersey Shore State Bank
Jersey Shore, PA

Richard J. Green, Vice Chairman and CEO
Firstrust Bank
Philadelphia, PA

David M. Lobach, Jr., Co-founder, Chairman, and CEO
Embassy Bank for the Lehigh Valley
Bethlehem, PA

Lynda Messick, President and CEO
Community Bank Delaware
Lewes, DE

Vito S. Pantilione, President and CEO
Parke Bank
Sewell, NJ

Evelyn F. Smalls, President and CEO
United Bank of Philadelphia
Philadelphia, PA

Glenn L. Wilson, President and CEO
AmeriServ Financial, Inc.
Johnstown, PA

Last update: April 9, 2012