Glenn Barks, president/CEO of First Community Credit Union (Chesterfield) has been named the new chairman of the St. Louis Federal Reserve Board's 2013 Community Depository Institute Advisory Council (CDIAC). He joined the 12-person council in 2011.
“It is a great privilege and opportunity to be part of the council," says Barks. "I will do my best to represent all credit unions and all other financial institutions in this challenging economic environment.”
As chairman, Barks will represent the council at twice-yearly meetings with Fed Chairman Ben Bernanke. The CDIAC advises St. Louis Fed President Jim Bullard on the credit, banking and economic conditions facing their institutions and their communities.