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We are excited to announce that Matt Marshall, President/CEO, has been selected to join the Federal Reserve Bank of St. Louis' Community Development Advisory Committee (CDAC) and will serve a three-year term.
The CDAC is a group of experts (comprised of executives from nonprofits, financial institutions, universities, government, and foundations throughout the district) that advise the St. Louis Federal's community development staff and bank leadership, including St. Louis Federal President, Alberto Musalem, on issues associated with community and economic development.
“I'm truly honored to join the St. Louis Fed's Community Development Advisory Board,” said Marshall. “This opportunity allows West Tennessee to have representation and contribute its voice to meaningful conversations and initiatives that drive economic mobility, financial security, and expanded opportunities for communities across our region. I look forward to collaborating with leaders dedicated to building a stronger, more economically prosperous future."
The St. Louis Federal's Community Development department works at the local, regional, and national levels to promote the economic resilience and mobility of low- and moderate-income (LMI) and underserved individuals and communities. They accomplish this by conducting research and identifying emerging issues, developing resources and sharing ideas, and fostering collaboration and building partnerships.
United Way is committed to uplifting families toward financial stability and believes Marshall’s involvement with the CDAC is a huge step toward making this mission a reality for more individuals in West Tennessee.