Chandler J. Howard, the president and CEO of Connecticut-based Liberty Bank, has been chosen by the Boston Federal Reserve to serve on the Community Depository Institutions Advisory Council, which advises the Fed’s Board on issues affecting community banks.
The CDIAC, which was established by Dodd-Frank, meets twice per year to provide the Federal Reserve Board in Washington, D.C. with input on regulatory policies, payments and lending conditions of community depository institutions with assets of less than $10 billion, The Middletown Press reports.
Howard has served in executive positions at Bank of America and People’s Bank and currently serves as the chairman of the Middlesex County Chamber of Commerce. He has received a number of awards for his involvement in community organizations, including the Boy Scouts and the Village for Families & Children.
Liberty Bank is Connecticut’s oldest mutual bank and has more than $3.5 billion in assets and 44 offices across the state. The bank provides a range of financial services, including mortgages, investment services, commercial banking and insurance, according to The Middletown Press.
Other members of the district CDIAC committee include HarborOne Credit Union President and CEO James W. Blake, Bank of Easton President and CEO Tom Caron, New England Federal Credit Union President and CEO John J. Dwyer, Jr., Bellwether Community Credit Union President and CEO Michael L’Ecuyer, Washington Trust President and CEO Joseph J MarcAurele, Rockland Trust Company President and CEO Christopher Oddleifson, Essex Savings Bank President and CEO Gregory Shook, Northampton Co-Operative Bank President and CEO Bill Stapleton, Savings Bank of Walpole President and CEO Gregg R. Tewksbury and Northmark Bank President and CEO Jane Walsh.