News

FDIC announces addition to community bank committee

Derek Williams

Derek Williams

The FDIC announced the addition of the Georgia-based First Peoples Bank President and CEO Derek Williams on Tuesday as a new member of the Advisory Committee on Community Banking, which advises the regulator on community bank policy.

“As part of the FDIC Advisory Committee on Community Banking, Derek will participate in discussions and provide input to the FDIC on a broad list of topics, including current examination policies and procedures, credit and lending practices, insurance assessments, insurance coverage and regulatory compliance,” Rep. Lynn Westmoreland (R-Ga.) said. “Derek is a dedicated banker and leader in our community, and I congratulate him on this achievement. I look forward to working with Derek and thank him for his service on behalf of Georgia community banks.”

The FDIC also announced the addition of seven other members to the committee, including the Texas-based Bank of the West Chairman and COO Cynthia Blankenship, the Utah-based American Bank of Commerce President and CEO Leonel Castillo, the Oklahoma-based First Bethany Bancorp President and CEO Jane Haskin, the Nebraska-based Pinnacle Bank President Mark Hesser, the Arizona-based Western Alliance Bank CEO James Lundy, the North Carolina-based Mechanics & Farmers Bank President, CEO and Director Kim Saunders, and the Florida-based Stonegate Bank President, CEO and Director David Seleski.

“We are fortunate to have such talented and dedicated community bank leaders join our Advisory Committee, which has been a valuable resource for the FDIC over the last few years,” FDIC Chairman Martin Gruenberg said. “The Advisory Committee has proven to be a key source of information and input for the FDIC on the many significant issues facing community banks.”

One Response to FDIC announces addition to community bank committee

  1. Pingback: FDIC announces addition to community bank committee – BankCreditNews