Explore This Section

Cascade: No. 55, Summer/Fall 2004

Wilmington Native Is Appointed Federal Reserve Division Director

Sandra F. (Sandy) Braunstein has been appointed director of the Division of Consumer and Community Affairs (DCCA) of the Board of Governors of the Federal Reserve System.

In her previous position as senior associate director and community affairs officer in DCCA, she oversaw implementation of community and economic development policies and programs and held consumer-education and research responsibilities.

DCCA, which has 85 staff members, implements federal banking and credit consumer-protection laws, facilitates community development, and promotes access to banking services in underserved markets.

Braunstein, who was born and raised in Wilmington, DE, joined the Federal Reserve System in 1987. She previously served as executive director of the Northeast Community Development Corporation in Washington, D.C., director of commercial revitalization for the city of Alexandria, VA, and a management consultant. Earlier, she held several positions in which she administered federal programs for the City of Wilmington.