The Federal Reserve Board has announced that Shari Laven, CEO of Viking Bank, Alexandria, Minn., will serve on its Community Depository Institutions Advisory Council for 2019.
The CDIAC’s members are selected from representatives of banks, thrift institutions, and credit unions serving on newly created local advisory councils at the twelve Federal Reserve Banks. One member of each of the Reserve Bank councils is selected to serve on the CDIAC, which will meet twice a year with the Board in Washington.
The Federal Reserve formed the CDIAC in 2010 to provide input to the Board on the economy, lending conditions, and other issues of interest to community depository institutions.
Laven joins the following leaders from other financial institutions on the 2019 CDIAC: