Two CU chiefs named to Cleveland Fed council

Two credit union CEOs have been named to the Federal Reserve Bank of Cleveland's Community Depository Institutions Advisory Council (CDIAC) for 2017.

Lee C. Butke, president and CEO of Columbus, Ohio-based Corporate One Federal Credit Union, will serve his second term on the council, and he will be joined by Robert Burrow, president and CEO of Bayer Heritage FCU of Proctor, W. Va.

The CDIAC is composed of representatives from commercial banks, thrift institutions and credit unions in the Fourth Federal Reserve District. The council provides information and insight to the Cleveland Reserve Bank from the perspective of community depository institutions. Council members meet with senior bank leaders at least twice yearly.

Lee C. Butke, Corporate One

“I’m truly excited to receive the honor of serving with such a distinguished group of representatives,” Butke said in a statement. “Corporate One aims to be a thought leader in our industry on monetary and economic matters, and I’m looking forward to contributing to the mission and vision of the council.”

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Monetary policy
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