The Federal Reserve Bank of St. Louis announced a change to its board of directors effective March 2026, electing D. Neil Dauby, chairman and chief executive officer of German American Bank, as a Class A director to complete the unexpired portion of a three-year term. Class A directors are elected by member financial institutions in the St. Louis Fed’s Eighth District to represent those institutions. The nine-member board comprises three directors in each of Classes A, B and C, with Class B elected to represent the public and Class C appointed by the Board of Governors; the board provides oversight of Bank management and contributes regional economic and credit perspectives that inform Federal Open Market Committee deliberations.