New York Fed announces re-elections to board

Mello and Lundgren re-elected while Rafferty is reappointed

Handshake in London

The Federal Reserve Bank of New York has announced that Paul Mello and Terry Lundgren have been re-elected and Emily Rafferty reappointed to its board of directors.

Mello, president and chief executive of Solvay Bank, has been re-elected a Class A director. Lundgren, chairman and chief executive of Macy's Inc, has been re-elected a Class B director. They both represent Group 3, which consists of banks with capital and surplus of less than $30 million.

Rafferty, president of the Metropolitan

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