Glenn D. Barks, president/CEO of the $1.9 billion First Community CU in Chesterfield, Mo., has been nominated to serve as chairman of the Federal Reserve Bank of St. Louis's Community Depository Institutions Advisory Council.

Barks will lead the group that advises St. Louis Fed President James Bullard on the credit, banking and economic conditions facing the Fed's Eighth District, which includes Arkansas and parts of Illinois, Indiana, Kentucky, Mississippi, Missouri and Tennessee.

Barks will also represent the regional council at biannual CDIAC meetings with Fed Chairman Ben Bernanke, the St. Louis Fed said in its announcement Wednesday.

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