St. Louis Fed Appoints Members to Community Banking Advisory Council

ST. LOUIS – The Federal Reserve Bank of St. Louis has appointed six new members to its Community Depository Institutions Advisory Council (CDIAC), which advises St. Louis Fed President James Bullard on the credit, banking and economic conditions facing their institutions and local communities.

The new members who will serve three-year terms starting in 2023 are:

• John Beller, president and CEO, Bank of Cave City, Cave City, Ark.
• Neil Dauby, president and CEO, German American Bank, Jasper, Ind.
• Sally Hopkins, president and CEO, FNB Bank, Mayfield, Ky.
• Orvin Kimbrough, chairman and CEO, Midwest BankCentre, St. Louis
• Rodney Showmar, president and CEO, Arkansas Federal Credit Union, Little Rock, Ark.
• Bryan Thornhill, president and CEO, Bank of Commerce, Greenwood, Miss.

Other members who will continue their service this year are:

• Luanne Cundiff, president and CEO, First State Bank of St. Charles, St. Charles, Mo. (CDIAC Chair)
• Michelle Coleman, CEO, Bank of Edmonson County, Brownsville, Ky.
• Robert “Jeff” May, president and CEO, Banterra Bank, Marion, Ill.
• Robert S. Shaw Jr., co-founder, CEO and director, Paragon Bank, Memphis, Tenn.
• Samuel T. Sicard, president and CEO, The First National Bank of Fort Smith, Fort Smith, Ark.
• Kevin Sparks, president and CEO, Crane Credit Union, Odon, Ind.

Established in 2011, the St. Louis Fed’s CDIAC is composed of 12 executives of smaller financial institutions headquartered across the Federal Reserve’s Eighth District. The council meets twice a year at the Federal Reserve Bank of St. Louis, with this year’s meetings scheduled for March 6-7 and Oct. 19-20. The CDIAC chair also has the responsibility of reporting twice yearly to the Federal Reserve Board of Governors in Washington, D.C.

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