The board of directors of the Federal Reserve Bank of St. Louis has reappointed Jeffrey G. Ludwig, president, chief executive officer and vice chairman of Midland States Bancorp, Inc. and chief executive officer of Midland States Bank, to serve on the Federal Advisory Council for a one-year term ending 31 December 2026. Established by the Federal Reserve Act, the Federal Advisory Council includes one representative from each of the 12 Federal Reserve districts and meets at least four times per year with the Federal Reserve Board of Governors in Washington, D.C. to discuss economic and banking developments and make recommendations on Federal Reserve System activities.
Federal Reserve Bank of St. Louis 2026-01-09
Federal Reserve Bank of St. Louis reappoints Jeffrey G Ludwig to Federal Advisory Council through 2026
The Federal Reserve Bank of St. Louis has reappointed Jeffrey G. Ludwig, president and CEO of Midland States Bancorp, Inc., to the Federal Advisory Council for a one-year term ending 31 December 2026. The Council, established by the Federal Reserve Act, includes representatives from each of the 12 Federal Reserve districts and meets quarterly with the Federal Reserve Board of Governors.