Stephen Lewis Joins Boston Fed’s Community Depository Institutions Advisory Council

Stephen Lewis, President and CEO of Thomaston Savings Bank has joined the Federal Reserve Bank of Boston’s Community Depository Institutions Advisory Council (CDIAC). The CDIAC is comprised of 12 members located across Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island, and Vermont.

“It is an honor to be a member of the CDIAC. I look forward to contributing to this amazing council and collaborating with other leaders throughout New England.” – Stephen Lewis, President and CEO, Thomaston Savings Bank

The First District’s Community Depository Institutions Advisory Council members bring information from their local communities to the Boston Fed to advise the Bank of the economy, lending conditions, and other issues. The CDIAC members represent commercial banks, thrifts, and credit unions with assets less than $10 billion.

As part of the Central Bank of the United States, the Federal Reserve Bank of Boston contributes to communities, the region, and the nation by conducting economic research, participating in monetary policymaking, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts.