January 21, 2015: The Federal Reserve Bank of New York announced following appointments to its Board of Directors:
- Emily K. Rafferty, president of the Metropolitan Museum of Art, has been re-appointed a Class C director.
- Paul P. Mello, president and chief executive officer of Solvay Bank, has been re-elected a Class A director representing Group 3 which consists of banks with capital and surplus of less than $30 million.
- Terry J. Lundgren, chairman and chief executive officer of Macy’s Inc., has been re-elected by the Group 3 shareholders as a Class B director representing the interests of the public.
January 26, 2015: The Federal Reserve Bank of New York announced the appointment to its Community Depository Institutions Advisory Council of Martin K. Birmingham, president and chief executive officer of Five Star Bank and Financial Services Inc. in Warsaw, New York.