The Federal Reserve Bank of Minneapolis announced that President and CEO Neel Kashkari appointed three community bank executives to its Community Depository Institutions Advisory Council in 2026. The new members are Jack Hopkins, president and CEO of CorTrust Bank in Mitchell, South Dakota, Colleen Murphy, chief operating officer of Whitefish Credit Union in Whitefish, Montana, and Mark Oldenberg, president and CEO of Security Financial Bank in Durand, Wisconsin. The council provides information, advice and recommendations to the Minneapolis Fed president from the perspective of thrifts, credit unions and banks in the Ninth Federal Reserve District with total assets of less than USD 10 billion. Hopkins, Murphy and Oldenberg will join seven returning members. The chair of the Ninth District council also represents the district at meetings of the Board of Governors’ national Community Depository Institutions Advisory Council in Washington, D.C.
Federal Reserve Bank of Minneapolis2026-06-12
Federal Reserve Bank of Minneapolis appoints three executives to Ninth District community depository institutions advisory council
The Federal Reserve Bank of Minneapolis appointed three executives to its Community Depository Institutions Advisory Council for 2026. The new members are Jack Hopkins of CorTrust Bank, Colleen Murphy of Whitefish Credit Union and Mark Oldenberg of Security Financial Bank. The council advises the Minneapolis Fed president on issues affecting Ninth District thrifts, credit unions and banks with less than USD 10 billion in assets.