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Community Depository Institutions Advisory Council

In 2011, the Federal Reserve Bank of St. Louis established a Community Depository Institutions Advisory Council (CDIAC) comprised of 12 executives of smaller financial institutions across the Eighth District. The council meets twice a year at the St. Louis Fed to advise St. Louis Fed President James Bullard on the credit, banking and economic conditions facing their institutions and their communities. Council members are senior executives of banks and credit unions and serve staggered terms.

The chair of each District Bank's council also has the responsibility of reporting twice yearly to the Federal Reserve Board of Governors in Washington, D.C.

2018 CDIAC Members

  • Ann Cowley Wells photo

    Ann Cowley Wells, Chair
    Chair and Co-CEO, Commonwealth Bank and Trust Co., Louisville, Ky.
    (Term expiration: 2018)

  • Kevin Beckemeyer photo

    Kevin Beckemeyer
    President and CEO, Legence Bank, Eldorado, Ill.
    (Term expiration: 2018)

  • Rusty Bennett

    Russell “Rusty” Bennett
    President and CEO, First National Bank of Clarksdale, Clarksdale, Miss.
    (Term expiration: 2019)

  • David Bentele

    David Bentele
    President and CEO, Citizens National Bank of Greater St. Louis, Maplewood, Mo.
    (Term expiration: 2019)

  • Shaun Burke photo

    Shaun Burke
    President and CEO, Guaranty Bank, Springfield, Mo.
    (Term expiration: 2018)

  • David Doedtmann

    David Doedtman
    President and CEO, Washington Savings Bank, Effingham, Ill.
    (Term expiration: 2019)

  • Craig Esrael

    Craig Esrael
    President and CEO, First South Financial Credit Union, Bartlett, Tenn.
    (Term expiration: 2019)

  • Roy Ford

    Roy Molitor “Mott” Ford Jr.
    Vice Chairman and CEO, Commercial Bank and Trust Co., Paris, Tenn.
    (Term expiration: 2020)

  • Karen Harbin photo

    Karen Harbin
    President and CEO, Commonwealth Credit Union, Frankfort, Ky.
    (Term expiration: 2018)

  • Gary Hudson

    Gary Hudson
    President and CEO, Farmers and Merchants Bank, Stuttgart, Ark.
    (Term expiration: 2019)

  • Margaret “Marnie” Oldner
    CEO, Stone Bank, Mountain View, Ark.
    (Term expiration: 2020)

  • Marvin Veatch

    Marvin Veatch
    President and CEO, Jackson County Bank, Seymour, Ind.
    (Term expiration: 2020)