CHESTERFIELD, Mo. (1/31/11)--Glenn D. Barks, president/CEO of First Community CU in Chesterfield, Mo., has been selected to serve on the Federal Reserve Bank of St. Louis’ Community Depository Institutions Advisory Council. The council is composed of 12 executives from financial institutions across the Fed’s Eighth District. The council meets twice a year 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, thrift institutions and credit unions, and serve staggered terms. Barks has nearly 40 years of experience in the financial services industry. He was named CEO of First Community in 2001. He joined the credit union 25 years ago as executive vice president, following a 12-year career in the savings and loan industry, where he held various management positions.