The Federal Reserve Bank in Boston has named Edward Danek Jr., president/CEO of the $80 million, 13,900-member Hartford Federal Credit Union, to its Community Depository Institutions Advisory Council.
The Fed established the 12 district CDIACs across the country to provide input from their diverse perspectives on the economy, lending conditions and other issues facing credit unions, thrifts and community banks with different charters and regulators. There also is a national CDIAC.
Danek's three-year term is the Boston-based First District, which comprises Connecticut (excluding Fairfield County), Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.
"I certainly appreciate their confidence in me and look forward to working with the outstanding professionals at the Fed over the next three years," said Danek, who has been president/CEO at Hartford FCU for 23 years.
He was nominated to the CDIAC by Tony Emerson, president/CEO of the Credit Union League of Connecticut. "His professional expertise and experience make him well suited to participating on this important panel, and I am confident he will represent Connecticut credit union interests fairly and accurately," Emerson said.
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