Hefner appointed to new Federal Reserve council

Keith Hefner, president and CEO of Citizens Bank & Trust Co. in Van Buren, is among 12 regional bankers named to the inaugural council of the new Community Depository Institutions Advisory Council for the Eighth District of the Federal Reserve Bank (St. Louis).

The council, drawn from communities across the Eighth District, will meet twice a year at the St. Louis Fed to advise James Bullard, president and CEO of the Eighth District, on local credit, banking and economic conditions, according to a Federal Reserve release.

The Eighth District includes the state of Arkansas, and parts of Illinois, Indiana, Kentucky, Mississippi, Missouri and Tennessee.

“Community financial institutions are vital in creating and sustaining economic growth in our nation’s communities,” said Bullard. “As a key source of credit for small businesses, these institutions provide an important perspective on the relative health of the U.S. economy.  The 12 appointees to our council are leaders in their communities and bring with them a diverse range of backgrounds and experiences that will help us paint a more complete economic picture of our region.”

Members of the new council are:
Dennis M. Terry
President & CEO, First Clover Leaf Bank FSB, Edwardsville, Ill. (Chair-2 years)

Kirk P. Bailey

CEO, Magna Bank, Memphis, Tenn. (1 year)

Glenn Barks

CEO, First Community Credit Union, Chesterfield, Mo.  (3 years)

David Hale

Chairman, President & CEO, First Capital Bank of Kentucky, Louisville, Ky. (1 year)

Keith Hefner
President & CEO, Citizens Bank & Trust Company, Van Buren, Ark.   (2 years)

Gary E. Metzger
President, Liberty Bank, Springfield, Mo.   (3 years)

William J. Rissel

President  & CEO, Fort Knox Federal Credit Union, Radcliff, Ky.  (2 years)

Mark A. Schroeder

Chairman & CEO, German American Bancorp, Jasper, Ind.  (1 year)

Gordon Waller

President & CEO, First State Bank & Trust, Caruthersville, Mo.  (3 years)

Larry T. Wilson

President & CEO, First Arkansas Bank & Trust, Jacksonville, Ark.  (1 year)

Vance Witt

CEO & Chairman, BNA Bank, New Albany, Miss (3 years)

Larry Ziglar

President, First National Bank in Staunton, Staunton, Ill.(2 years)