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News Now

Washington
Two CU Reps Among Fed 2014 Advisory Council Members
WASHINGTON (8/13/13)--Michael J. Castellana, president/CEO of SEFCU, Albany, N.Y., and Glenn D. Barks, president/CEO of First Community CU, Chesterfield, Mo., are among the 12 members announced by the Federal Reserve Board Monday for its 2014 Community Depository Institutions Advisory Council (CDIAC).

The council advises the Fed board on the economy, lending conditions, and other issues, and members are selected from representatives of commercial banks, thrift institutions and credit unions serving on local advisory councils at the 12 Federal Reserve Banks.

One member of each of the Reserve Bank councils serves on CDIAC, which meets twice a year with the Federal Reserve Board in Washington.

The Fed said Drake Mills, who is president/CEO of Community Trust Bank, Ruston, La., will serve as president in 2014. John B. Dicus, chairman and president/CEO of Capital Federal Savings Bank, Topeka, Kan., will serve as vice president.

Use the resource link to see all 2014 members' names.
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