Fairfield University, located in Fairfield, Connecticut, has announced the opening of a new residence hall named Corrigan Hall, honoring the late E. Gerald Corrigan, a 1963 alumnus and former trustee. Set to open this fall, the hall will accommodate 186 sophomore students and features modern amenities, including three-person bedrooms with private bathrooms and communal spaces for studying and social activities. Corrigan, who passed away in 2022, had a distinguished career in finance, serving as president of the Federal Reserve Bank of Minneapolis and later the Federal Reserve Bank of New York. His contributions during the 1987 stock market crash are particularly notable, as he advocated for Federal Reserve measures to stabilize the financial markets. Beyond his professional achievements, Corrigan maintained strong ties with Fairfield University, serving on its board of trustees for 14 years and making significant philanthropic contributions, including the establishment of scholarships and faculty chairs. University President Mark R. Nemec emphasized that naming the residence hall after Corrigan reflects his commitment to education and the Jesuit values of the institution.