Effective on January 1, 2018, Liberty Bank President and CEO Chandler J. Howard became the newest member of Boston Fed’s board of directors. Howard, who celebrated 10 years with Liberty in 2017, will serve as a Class A Director representing member banks in the Federal Reserve’s first district.
Liberty Bank is Connecticut’s oldest bank and the fourth largest headquartered Bank in the state. With support from 700 employees, Liberty serves more than 200,000 consumers and businesses through 55 retail banking locations.
Under Howard’s leadership, Liberty Bank has been recognized as a Hartford Courant Top Workplace for six straight years; 2012-2017; and Liberty Bank Foundation, created in 1997 with more than $11 million grants since inception, was recognized nationally by the American Bankers Association for innovative service to the community. In 2014, Howard was named Leader of the Year by the Hartford Courant and Fox61. In 2016, he was named Middlesex County Distinguished Citizen by the Middlesex County Chamber, and was the recipient of the Hartford Business Journal’s Lifetime Achievement Award.
Prior to leading Liberty Bank, Howard held various roles from teller to executive for People’s United Bank, Bank of America, and Fleet Bank, among others in his 35+ year banking career. He holds a Bachelor of Arts Degree from the University of Connecticut, a Master’s Degree in Finance from Rensselaer Polytechnic Institute, and an Honorary Doctorate from Charter Oak State College.
In addition to the Boston Fed, Howard currently serves on the boards of Middlesex Hospital, the Middlesex Chamber of Commerce, the Connecticut Bankers Association, the Connecticut Business Industry Association, the Greater Hartford Community Foundation, the Goodspeed Opera House, the American Bankers Association, and the FDIC Community Bankers Advisory Council.
About the Federal Reserve Bank of Boston
As part of the central bank of the United States, the Federal Reserve Bank of Boston works to promote sound growth and financial stability in New England and the nation. The Boston Fed contributes to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. For more information: www.bostonfed.org
About Liberty Bank
Established in 1825, Liberty Bank is Connecticut’s oldest mutual bank, with more than $4.7 billion in assets and 55 banking offices throughout the central, eastern, shoreline and western areas of the state. As a full-service financial institution, Liberty offers consumer and commercial banking, home mortgages, insurance, and investment services. Named as a “Top Workplace” by the Hartford Courant for six consecutive years, Liberty maintains a longstanding commitment to superior personal service and unparalleled community involvement. For more information: www.liberty-bank.com.