Two community bank experts were appointed to a Federal Reserve Bank of Minneapolis advisory council this spring by President and CEO Neel Kashkari.
The Community Depository Institutions Advisory Council (CDIAC) provides information, advice, and recommendations to the Minneapolis Fed president from the perspective of thrifts, credit unions, and banks in the Ninth District with total assets of less than $10 billion.
Appointed to the council in 2024:
- Anita Drentlaw
President and CEO, New Market Bank
Elko New Market, Minnesota - Gina Hamilton
Chief Operating Officer, Platinum Bank
Woodbury, Minnesota
Drentlaw and Hamilton will join returning Chair Dylan Clarkson, president and CEO of Pioneer Bank & Trust in Spearfish, South Dakota, and seven more returning members on the council.
The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin, and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.