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.
Questions? E-mail: cdiac@stls.frb.org
2019 CDIAC Members
Ann Cowley Wells, Chair
Chair and Co-CEO, Commonwealth Bank and Trust Co.
Louisville, Ky.
(Term expiration: 2019)
Russell “Rusty” Bennett
President and CEO, First National Bank of Clarksdale
Clarksdale, Miss.
(Term expiration: 2019)
David Bentele
President and CEO, Citizens National Bank of Greater St. Louis
Maplewood, Mo.
(Term expiration: 2019)
David Doedtman
President and CEO, Washington Savings Bank
Effingham, Ill.
(Term expiration: 2019)
Craig Esrael
President and CEO, First South Financial Credit Union
Bartlett, Tenn.
(Term expiration: 2019)
Roy Molitor “Mott” Ford Jr.
Vice Chairman and CEO, Commercial Bank and Trust Co.
Paris, Tenn.
(Term expiration: 2020)
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)
Bill Schirmer
President and CEO, Evansville Teachers Federal Credit Union
Evansville, Ind.
(Term expiration: 2021)
Scott E. Spencer
Vice Chairman, President and CEO, Sterling Bank
Poplar Bluff, Mo.
(Term expiration: 2021)
Marvin Veatch
President and CEO, Jackson County Bank
Seymour, Ind.
(Term expiration: 2020)
Kelley Workman
President, Planters Bank
Hopkinsville, Ky.
(Term expiration: 2021)
