Nate Dunn, president and CEO of F&M Bank, has been selected to join the Federal Reserve Bank of Chicago’s Community Depository Institution Advisory Council.
The council provides input on regional banking conditions and local economic dynamics to Chicago Fed President Austan Goolsbee and other senior officials. Members’ perspectives help inform the Federal Reserve System’s formulation of national supervisory and monetary policy, as well as advise the Board of Governors on issues impacting the safe and sound operation of community banks.
Council members serve staggered terms lasting up to three years and meet twice annually. Members are senior officers at community depository institutions with less than $10 billion in total assets.
“I’m humbled with the opportunity to represent and serve our region’s banking communities,” Mr. Dunn said in a statement.
In addition to his advisory council role, Dunn serves on the Board of Trustees for Cedar Rapids Big Brothers Big Sisters and Junior Achievement of Eastern Iowa. He is also a longtime supporter of Kids First Law Center.