was established in 2010 by the board of governors of the Federal Reserve to provide input to the board on the economy, lending conditions, and other issues of interest to community depository institutions.
From this population of issuers, CDIAC
randomly selected 230 issuers to study, including 33 counties, 73 cities, and 124 school districts, to produce a statistically significant sample.
Established by the Federal Reserve Board of Governors in 2010, the CDIACs
in the 12 Federal Reserve districts provide a diverse perspective on the economy, lending conditions, and other issues facing thrift institutions, credit unions, and community banks with different charters and regulators (including state member, state nonmember, and national banks).
recommends that the total tax burden on newly developed parcels subjected to a Mello-Roos tax or assessment not exceed 2% of their assessed value, which is, for this brief moment, also their market price.
represents banks, thrift institutions and credit unions of various sizes within the Twelfth Federal Reserve District.
The San Francisco Fed remains the only CDIAC
with just one CU representative- Barrick-but is planning to add another one, said the Advantis CEO.
Prior to joining CDIAC
two years ago, Moore worked for California's educational and health facilities financing authorities, providing analysis and interpretation of financing applications from public and non-profit health and educational facilities.
The corporate dilemma did not come up in a CDIAC
session of the Atlanta Fed held two weeks ago, said Woodward.
With an eye on one upcoming CDIAC
session at the Federal Reserve Bank of Kansas City, Charles Emmer, president/CEO of the $3 billion Ent FCU of Colorado Springs, said CUs may need to start thinking differently about the Fed because of its new regulatory powers under the Dodd-Frank Act.
In 1996, CDIAC
produced the document Disclosure Guidelines for Land-Based Securities which addresses the application of SEC Rule 15c2-12 to land-based securities (i.
Hopefully, the various CDIAC
members can provide useful input as to Fed policies that are working and the ones that aren't.
For a full list of the nine-member CDIAC
, visit http://www.