News

TFCU’s President and CEO Appointed to Dallas Fed Advisory Council

We would like to recognize and congratulate our President and CEO, Max Villaronga, for being appointed to the Dallas Fed Advisory Council. He is among 11 other members on the council who provide information, advice, and recommendations to the Dallas Federal Reserve System. The council represents depository institutions, including commercial banks, thrift institutions, and credit unions.

Each appointed advisory council member serves a term for three years. Within that time, all members meet regularly throughout the year to discuss shared issues that affect their institution’s ability to serve local markets. These issues include credit conditions and terms, regulation policies on financial services, access to payment systems, and local economic conditions.

The Dallas Fed promotes a robust financial system and healthy economy in the Eleventh Federal Reserve District, representing Texas, northern Louisiana, and southern New Mexico. The Dallas Fed is responsible for conducting economic research and gathering perspectives from its region to help build an “economy that works for everyone.” Working to ensure safe banking systems that are accessible and secure, supplying cash and support for digital payments, and that everyone has an opportunity to build a bright economic future.

It is a great accomplishment to have increased representation within the Credit Union industry. Thank you, Max for your continuous dedication to serving the people of the El Paso community.