John Hirabayashi, president and CEO of Jacksonville-based Community First Credit Union, has been appointed to the Federal Reserve Bank of Atlanta’s Community Depository Institutions Advisory Board for a three-year term that expires in 2025.
The council provides information on the economy, loan terms and other issues related to community banking.
Due to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, each Federal Reserve District established a council to systematically include the views of community depository institutions in the process of policy making.
Hirabayashi holds a bachelor’s degree in finance from the University of Colorado at Boulder and an MBA in finance from Virginia Polytechnic Institute and State University.
The press release says he has also earned the Chartered Financial Analyst designation and serves on the board of directors of the Jacksonville Public Education Fund and the executive advisory board of Jacksonville University Davis College of Business.
Hirabayashi is one of three new board members.
The other two are Harry Allen, co-founder and chief relationship officer of Studio Bank in Nashville, Tennessee, and Robert James II, president and CEO of Carver Financial Corp. and executive vice president of its subsidiary, Carver State Bank in Savannah, Georgia. .
Board members meet twice a year.
The Atlanta Fed is part of the nation’s central banking system, established by Congress in 1913. The Atlanta Fed serves the Sixth Federal Reserve District, which includes Alabama, Florida, Georgia, and sections of Louisiana, Mississippi and Tennessee.
Hirabayashi ended his service Dec. 31 on the board of directors of the Jacksonville branch of the Atlanta Fed. His first term began on January 1, 2016.
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