Nogueira of East Cambridge Savings Bank, appointed to Federal Reserve’s Community Depository Institutions Advisory Council

Cambridge Savings Bank" width="144" height="180" /> Gilda Nogueira, East Cambridge Savings Bank

Cambridge, MA Gilda Nogueira, East Cambridge Savings Bank president and CEO, was recently appointed by Federal Reserve Governer Brainard to sit on the national Community Depository Institutions Advisory Council (CDIAC). Nogueira will represent the First District of the Federal Reserve system at the council’s biannual assembly in Washington D.C. for the 2016-2018 term. The CDIAC exists to provide input to the Federal Reserve system regarding issues that pertain to community depository institutions. Members of the council represent financial institutions with assets less than $10 billion. Nogueira will be called upon to represent community depository institutions throughout N.E., providing valuable information on issues and conditions that affect the local industry.

In addition to her leadership at East Cambridge Savings Bank and the Bank’s Charitable Foundation, Nogueira has served on the local CDIAC of the Federal Reserve Bank of Boston and is serving as vice chair of the Massachusetts Bankers Association. She is a strong advocate for the role that community banks have on local communities.

East Cambridge Savings Bank is a full-service mutually-held savings bank that believes in connecting with customers. The Bank was established in 1854 and is dedicated to providing businesses and individuals with a full line of banking services in the communities it serves. Headquartered in Cambridge, the Bank has offices in Arlington, Belmont, Cambridge, Chelsea, Medford, Somerville, and Waltham, as well as an educational training facility at Cambridge Rindge and Latin School, Cambridge, Mass. The Bank is a member of the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF) of Massachusetts.