Thomaston Savings' Stephen Lewis Joins Boston Fed’s Community Depository Institutions Advisory Council - Insurance News | InsuranceNewsNet

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May 23, 2025 Newswires
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Thomaston Savings' Stephen Lewis Joins Boston Fed’s Community Depository Institutions Advisory Council

Staff WriterTown Times

THOMASTON — Stephen Lewis, President and CEO of Thomaston Savings Bank, has joined the Federal Reserve Bank of Boston's Community Depository Institutions Advisory Council (CDIAC). The CDIAC is comprised of 12 members located across Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island and Vermont.

"It is an honor to be a member of the CDIAC. I look forward to contributing to this amazing council and collaborating with other leaders throughout New England," said Stephen Lewis, President and CEO, Thomaston Savings Bank, in a statement.

The First District's Community Depository Institutions Advisory Council members bring information from their local communities to the Boston Fed to advise the Bank of the economy, lending conditions and other issues. The CDIAC members represent commercial banks, thrifts and credit unions with assets less than $10 billion.

As part of the Central Bank of the United States, the Federal Reserve Bank of Boston contributes to communities, the region, and the nation by conducting economic research, participating in monetary policymaking, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts.

Established more than 150 years ago in 1874, Thomaston Savings Bank is a state-chartered mutual savings bank, owned by its depositors, not shareholders. Headquartered in Thomaston, the Bank operates 16 full-service branches throughout Western Connecticut. As a full-service community bank, Thomaston Savings Bank is dedicated to empowering their clients for financial success by providing financial solutions and resources tailored to the specific needs of their neighbors.

To learn more about Thomaston Savings Bank and the services offered, visit ThomastonSB.com.

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