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NAFCU, CUs meet with Atlanta Fed
NAFCU's Chief Economist and Vice President of Research Curt Long, Senior Vice President of Government Affairs Greg Mesack, and Senior Counsel for Policy and Research Andrew Morris joined several NAFCU member credit unions Wednesday for a meeting with Federal Reserve Bank of Atlanta officials, including President Raphael Bostic, Vice President and Community Affairs Officer Karen Leone de Nie and Vice President, Regional Executive Reginald (Reggie) Chever, Vice President Strategy Business Services, Alex Romeo, Vice President Supervision and Regulation, John Pelick, Assistant Vice President Risk Forum, Jessica Washington, Community and Economic Development Advisor, Julie Siwicki. The meeting, which took place in Atlanta, Ga., gave the credit unions an opportunity to discuss trends in the industry, including financial inclusion, a central bank digital currency (CBDC), and faster payments.
The Federal Reserve Bank of Atlanta serves the Sixth Federal Reserve District, which encompasses Alabama, Florida, Georgia, and sections of Louisiana, Mississippi, and Tennessee. As part of the nation's central banking system, the Atlanta Fed participates in setting national monetary policy, supervises numerous commercial banks, and provides financial services to depository institutions and the US government.
Multiple NAFCU member credit unions attended the meeting, including:
- AOD Federal Credit Union;
- Ascend Federal Credit Union;
- Fortera Credit Union;
- Georgia’s Own Credit Union;
- Grow Financial Federal Credit Union;
- iThink Financial Credit Union;
- Jefferson Financial Credit Union;
- LGE Community Credit Union;
- McCoy Federal Credit Union;
- Power Financial Credit Union;
- Suncoast Credit Union; and
- USF Federal Credit Union.
More information on the Federal Reserve Bank of Atlanta and the Sixth Fed District is available here.
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