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 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.

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2023 CDIAC Members

  • Headshot of Luanne Cundiff

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

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

  • Headshot of Michelle Coleman

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

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

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

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

  • Headshot of 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, CEO and Director, Paragon Bank
    Memphis, Tenn.
    (Term expiration: 2023)

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

  • Sam Sicard

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

  • Headshot of Kevin Sparks

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

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

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