DALLAS, April 29, 2021 /PRNewswire-PRWeb/ -- Last month, the Federal Reserve Bank of Dallas announced four new members to its Community Depository Institution Advisory Council (CDIAC).
Neighborhood Credit Union's very own Carolyn Jordan, Senior Vice President of Remote Services and Development, was appointed to the council. With more than four decades of financial industry experience, Ms. Jordan is well respected by her peers on the local, state, and national levels.
With representatives from different financial institutes that vary in size within the Eleventh District (Texas, northern Louisiana, and southern New Mexico), the mission of CDIAC is to elevate communication between bankers within the community. Members are handpicked from representatives of banks, thrift institutions, and credit unions serving on newly created local advisory councils at the twelve Federal Reserve Banks. Those serving on the council listen within the communities they serve over topics such as economic and banking conditions, policies, and payment issues. The council then provides senior Dallas Fed officials with the information on what they learn.
"I am honored to have the opportunity to serve on the Community Depository Institutions Advisory Council," says Carolyn Jordan. "To be able to contribute and hear firsthand what those within the financial industry are concerned with or talking about is such an exciting thing to be a part of. I cannot wait to see what this year has in store for us on the council."
The Federal Reserve Bank of Dallas works to promote a strong financial system and healthy economy in the Eleventh Federal Reserve District. They work for and with the people of each district to build a tailored, healthy economy.
The responsibilities of the Federal Reserve Bank of Dallas are wide-ranging, including conducting economic research and gathering perspectives from their region to share in national conversations about monetary policy. They work with the government, the financial industry, and the community to ensure their banking system is safe, accessible, and secure. They help maintain a reliable supply of cash, support digital payments, and work with community partners to ensure that all people in our local district have opportunities to build a bright economic future.
The Federal Reserve Bank of Dallas's success depends on actively connecting with the people and communities they serve.
About Neighborhood Credit Union: Neighborhood Credit Union is the oldest credit union in Dallas, it is a member-owned, not-for-profit financial organization currently serving people across Texas. Neighborhood Credit Union has a membership of over 56,000 and continues to welcome new members daily.
Jessie Swendig, Neighborhood Credit Union, 214-748-9393 Ext: 1119, [email protected]
SOURCE Neighborhood Credit Union