Community Depository Institutions Advisory Council

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How is your community reflected in our work? Directors and advisory council members share their perspectives. Watch the videos and read the blogs.

In 2011, the Federal Reserve Bank of St. Louis established a Community Depository Institutions Advisory Council (CDIAC) composed of 12 executives of smaller financial institutions across the Eighth District. The council meets twice a year to advise the St. Louis Fed president 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.

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2023 CDIAC Members

  • Luanne Cundiff

    Luanne Cundiff, Chair
    President and CEO, First State Bank of St. Charles
    St. Charles, Mo.
    (Term expiration: 2025)

  • John Beller

    John Beller
    President and CEO, Bank of Cave City
    Cave City, Ark.
    (Term expiration: 2025)

  • Michelle Coleman

    Michelle Coleman
    CEO and CFO, Bank of Edmonson County
    Brownsville, Ky.
    (Term expiration: 2024)

  • Neil Dauby

    Neil Dauby
    President and CEO, German American Bank
    Jasper, Ind.
    (Term expiration: 2025)

  • Sally Hopkins

    Sally Hopkins
    President and CEO, FNB Bank
    Mayfield, Ky.
    (Term expiration: 2025)

  • Orvin Kimbrough

    Orvin “Orv” Kimbrough
    Chairman and CEO, Midwest BankCentre
    St. Louis
    (Term expiration: 2025)

  • Robert “Jeff” May

    Robert “Jeff” May
    President and CEO, Banterra Bank
    Marion, Ill.
    (Term expiration: 2024)

  • Robert S. Shaw Jr.

    Robert S. Shaw Jr.
    Co-Founder and CEO, Paragon Bank
    Memphis, Tenn.
    (Term expiration: 2023)

  • Rodney Showmar

    Rodney Showmar
    President and CEO, Arkansas Federal Credit Union
    Little Rock, Ark.
    (Term expiration: 2025)

  • Samuel T. Sicard

    Samuel T. Sicard
    President and CEO, The First National Bank of Fort Smith
    Fort Smith, Ark.
    (Term expiration: 2023)

  • Kevin Sparks

    Kevin Sparks
    President and CEO, Crane Credit Union
    Odon, Ind.
    (Term expiration: 2024)

  • Bryan Thornhill

    Bryan Thornhill
    President and CEO, Bank of Commerce
    Greenwood, Miss.
    (Term expiration: 2025)

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