The Federal Home Loan Bank of New York (FHLBNY) recently announced that its members have elected Thomas J. Kemly to the Board of Directors. Kemly will serve a four-year term commencing on Jan. 1.
“The Federal Home Loan Bank of New York plays a critical role in providing member banks access to economical wholesale credit,” Kemly, president and CEO of Columbia Bank, said in a prepared statement. “By providing such services, the Federal Home Loan Bank is able to advance housing opportunities for families of all incomes and accelerate local community development. I look forward to contributing to this mission during my term.”
With nearly 40 years of experience, Kemly has held several leadership positions including chairman and board member of the New Jersey Bankers Association, board member of the Bankers Cooperative Group, president of the Financial Managers Society for the New York and New Jersey chapter, and was a member of the OCC Mutual Savings Association Advisory Committee.
He presently serves as president of Northern New Jersey Community Bankers, as immediate former chairman of the New Jersey Bankers Board of Directors, as board member of the New Jersey Bankers Charitable Foundation, and as board member for the Commerce and Industry Association of New Jersey.
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