St. Louis Fed Appoints Members to Community Banking Advisory Council

ST. LOUIS – The Federal Reserve Bank of St. Louis has appointed five new members to its Community Depository Institutions Advisory Council (CDIAC), which provides input to the St. Louis Fed president on the economy, lending conditions, and other issues of interest to community depository institutions.

The new members who will serve three-year terms starting in 2026 are:
• Dale Cole, chairman and CEO, First Community Bank, Batesville, Ark.
• Edna H. Hughes, president and CEO, Lewisburg Banking Co., Lewisburg, Ky.
• Richard “Rick” Nichols, president and CEO, Multipli Federal Credit Union, Jefferson City, Mo.
• Huey “Hue” Townsend, president and CEO, Guaranty Bank & Trust Co., Belzoni, Miss.
• Sydney “Syd” Whitlock, president, The New Washington State Bank, New Washington, Ind.

Additionally, current member Orvin “Orv” Kimbrough, chairman and CEO of Midwest BankCentre in St. Louis, was appointed to a three-year term as council chair starting in 2026.

Other members who will continue their service this year are:
• Matthew Daniels, president and CEO, Apex Bank, Camden, Tenn.
• John Dosier, president, CEO and director, First Southern Bank, Marion, Ill.
• Sally Hopkins, chairman and senior advisor, FNB Bank, Mayfield, Ky.
• Nikki Roser, president and CEO, The First National Bank of Carmi, Carmi, Ill.
• Todd Swims, president and CEO, Leaders Credit Union, Jackson, Tenn.
• Joe Turner, president and CEO, Great Southern Bank, Springfield, Mo.

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 3-4 and Oct. 15-16. 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.