Evansville Credit Union CEO Appointed to St. Louis Fed Advisory Council

ST. LOUIS – The Federal Reserve Bank of St. Louis has appointed Bill Schirmer to its Community Depository Institutions Advisory Council (CDIAC) for a three-year term starting in 2019. Schirmer is president and CEO of the Evansville Teachers Federal Credit Union in Evansville, Ind.

The council was established by the St. Louis Fed in 2011 and comprises 12 executives of smaller financial institutions headquartered across the Federal Reserve’s Eighth District. The council meets twice a year in St. Louis to advise President James Bullard on the credit, banking and economic conditions facing their institutions and local communities. This year’s meetings are scheduled for March 4-5 and Oct. 7-8. Additionally, the chair of CDIAC has the responsibility of reporting twice yearly to the Federal Reserve Board of Governors in Washington, D.C.

Ann Cowley Wells, chair and co-CEO, Commonwealth Bank and Trust Co., Louisville, Ky., remains CDIAC chair. 

Other members of the 2019 St. Louis Fed CDIAC include:

• Russell “Rusty” Bennett, president and CEO, First National Bank of Clarksdale, Clarksdale, Miss.
• David Bentele, president and CEO, Citizens National Bank of Greater St. Louis, Maplewood, Mo.
• David Doedtman, president and CEO, Washington Savings Bank, Effingham, Ill.
• Craig Esrael, president and CEO, First South Financial Credit Union, Bartlett, Tenn.
• Roy Molitor “Mott” Ford Jr., vice chairman and CEO, Commercial Bank and Trust Co., Paris, Tenn.
• Gary Hudson, president and CEO, Farmers and Merchants Bank, Stuttgart, Ark.
• Margaret “Marnie” Oldner, CEO, Stone Bank, Mountain View, Ark.
• Scott E. Spencer, vice chairman, president and CEO, Sterling Bank, Poplar Bluff, Mo.
• Marvin Veatch, president and CEO, Jackson County Bank, Seymour, Ind.
• Kelley Workman, president, Planters Bank, Hopkinsville, Ky.

For more information, see the St. Louis Fed’s CDIAC page. For information and background about all of the Federal Reserve CDIACs, see the Federal Reserve Board of Governors website.