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Advisory Councils

To gain a diversity of perspectives, the Minneapolis Fed uses three advisory groups to gather information, advice, and recommendations. Members of each council are appointed by the Minneapolis Fed president.

Our Ninth District Advisory Council (NDAC) is made up of members who represent a variety of industries. Members of this group advise Bank leadership and economists on regional economic conditions.

The Community Depository Institutions Advisory Council (CDIAC) is composed of leaders of thrifts, credit unions, and small banks. CDIAC members advise the Bank president on the economy and lending conditions.

The Community Advisory Board (CAB) is made up of nonprofit, civic, and government leaders. CAB members serve as a critical resources for connecting the work of the Minneapolis Fed to the Twin Cities and Ninth District policy community.

Interested in serving on either of the Bank’s advisory councils? Submit a resume and letter of intent to

Small city in South Dakota overlaid with a blue and green gradient and a chart
More ears to the economic ground
Two advisory bodies to the Minneapolis Fed share their insights on current economic conditions