The president and CEO of East Cambridge Savings Bank was named to a 2016 term on a council that will advise the Federal Reserve on issues of importance to community banks and credit unions.

Gilda Nogueira will serve on the Community Depository Institutions Advisory Council, the Fed announced on Tuesday. Council members were selected from representatives of commercial banks, thrift institutions and credit unions serving on local advisory councils at the 12 Federal Reserve banks. The council will meet twice a year with the Federal Reserve Board in Washington.