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) 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 Jim 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.
Questions? E-mail: cdiac@stls.frb.org
2021 CDIAC Members
Margaret “Marnie” Oldner, Chair
CEO, Stone Bank
Mountain View, Ark.
(Term expiration: 2022)
Misty Borrowman
President and CEO, Bank of Hillsboro
Hillsboro, Ill.
(Term expiration: 2022)
Joseph T. “Joe” Henderson
Executive Vice President and Chief Credit Officer, Central Bancompany
Jefferson City, Mo.
(Term expiration: 2022)
Robert “Bob” McKay
President and CEO, Together Credit Union
St. Louis
(Term expiration: 2022)
Charles “Chuck” Morgan Jr.
Chairman and CEO, Relyance Bank
Pine Bluff, Ark.
(Term expiration: 2022)
Bertram “Buddy” Mortimer
President and CEO, Bank of Kilmichael
Kilmichael, Miss.
(Term expiration: 2022)
Bill Schirmer
President and CEO, Evansville Teachers Federal Credit Union
Evansville, Ind.
(Term expiration: 2021)
Robert S. Shaw Jr.
Co-founder, CEO and Director, Paragon Bank
Memphis, Tenn.
(Term expiration: 2023)
Samuel T. Sicard
President and CEO, First National Bank of Fort Smith
Fort Smith, Ark.
(Term expiration: 2023)
Scott E. Spencer
Vice Chairman, President and CEO, Sterling Bank
Poplar Bluff, Mo.
(Term expiration: 2021)
John Taylor
President and CEO, Limestone Bank
Louisville, Ky.
(Term expiration: 2022)
Kelley Workman
President, Planters Bank Inc.
Hopkinsville, Ky.
(Term expiration: 2021)
