First of all, I would like to extend warm thanks and welcome Ms Andreea Moraru, ERBD, Director, Regional Head of Greece & Cyprus, and Mr Mario Nava, Director-General, DirectorateGeneral for Structural Reform Support (DG-REFORM), European Commission, who will be taking the floor afterwards.
We know and appreciate these concerns because the Board makes it our business to regularly and extensively meet with and talk to community bankers and industry leaders. The Board of Governors meets twice a year with the Community Depository Institutions Advisory Council, which includes representatives of community banks, thrifts, and credit unions in each of the 12 Federal Reserve Districts.