Belco CEO joins Philly Fed board

Amey Sgrignoli, president and CEO of Swatara Township-based Belco Community Credit Union, is serving on an advisory council for the Federal Reserve Bank of Philadelphia. - (Photo / File)

The Federal Reserve Bank of Philadelphia has appointed Belco president and CEO Amey Sgrignoli to its Community Depository Institutions Advisory Council.

The 12-member group consists of leaders from commercial banks, thrift institutions and credit unions from Pennsylvania, New Jersey and Delaware. Members meet twice a year with Fed officials to discuss issues facing their markets. 

Sgrignoli has worked at Swatara Township-based Belco since 2004, having previously served as a mortgage loan originator for M&T Bank, according to the Philadelphia Fed. She also serves as a director on the boards of the Pennsylvania Credit Union Association and Mission Central in Mechanicsburg.

Her three-year term on the advisory council started this month, the Fed announced Monday.

She is one of two midstate leaders in the group, along with Mid Penn Bank president and CEO Rory Ritrievi, according to the Philadelphia Fed’s website.

A previous version of this story incorrectly stated the year Amey Sgrignoli took the position of CEO at Belco. She has been CEO since 2014 and worked at the credit union in other positions since 2004. 

Jennifer Wentz
Jennifer Wentz covers Lancaster County, York County, financial services, taxation and legal services. Have a tip or question for her? Email her at jwentz@cpbj.com.

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