WATERFORD, Conn.--Brian A. Orenstein, Charter Oak Federal Credit Union’s President and Chief Executive Officer, has been appointed to the Federal Reserve Bank of Boston’s First District Community Depository Institutions Advisory Council.
“I'm truly honored to join the Federal Reserve Bank of Boston’s advisory council and hear the perspectives of community bankers and credit union officials from across New England,” said Orenstein. “And I look forward to sharing my views on our local economy and banking environment here in eastern Connecticut with the other council members,” he said.
The Community Depository Institutions Advisory Councils were established by the Federal Reserve Board of Governors in 2010. These councils provide the 12 Federal Reserve Districts with a diverse perspective on the economy, lending conditions, and other issues facing thrift institutions, credit unions, and community banks.
The Federal Reserve Bank of Boston serves the First District, which consists of Connecticut (excluding Fairfield County), Massachusetts, Maine, New Hampshire, Rhode Island and Vermont. Advisory council members represent the six states within the Federal Reserve's First District.