Sushil Tuli, president and CEO of Leader Bank in Arlington, was one of four new members appointed by the Boston Fed to a regional community banking advisory council.
The Boston Fed also appointed Brian W. Thompson, president and CEO of Commerce Bank in Worcester; Joanne Todd, president and CEO of Northeast Family Federal Credit Union in Manchester, Connecticut; and Martin Geitz, president and CEO of Simsbury Bank in Simsbury, Connecticut, to the First District Community Depository Institutions Advisory Council (CDIAC).
“I am honored by this appointment to the First District CDIAC,” Tuli said in a statement. “I appreciate the opportunity to learn from my fellow council members and provide insight regarding the challenges facing community banks in New England, and look forward to serving in the years to come.”
The Federal Reserve Board of Governors established those councils in 2010 in each of the 12 Federal Reserve districts. Each of the 12 Reserve Bank Councils are comprised of members selected from their district’s banks, thrifts and credit unions with assets under $10 billion. The Federal Reserve Banks meet semiannually with their councils.
Tuli also currently serves on the Massachusetts Home Ownership Advisory Committee and was recently appointed by Gov. Charlie Baker to the Massachusetts Economic Development Council. He also recently served on Fannie Mae’s Affordable Housing Advisory Council and has served as both a director and chairman of the Massachusetts Mortgage Banking Association.



