Commercial Bank and Trust’s Mott Ford Appointed to St. Louis Fed Advisory Council
MEMPHIS, TN. The Federal Reserve Bank of St. Louis has appointed Commercial Bank and Trust’s Vice Chairman/Chief Executive Officer Mott Ford to its Community Depository Institutions Advisory Council (CDIAC) for a three-year term ending in 2020.
Members of the 12-person advisory council, established by the St. Louis Fed in 2011, are executives of smaller financial institutions headquartered across the Federal Reserve’s Eighth District. Council members meet twice a year to advise St. Louis Fed President James Bullard on the credit, banking, and economic conditions facing their institutions and local communities.
Council members are comprised of senior executives of banks and credit unions who serve staggered terms. The chair of each District Bank’s council also has the responsibility of reporting twice yearly to the Federal Reserve Board of Governors in Washington, D.C.
Commercial Bank and Trust was chartered in 1877. The bank has operations in Jackson, Memphis, Paris and Union City, TN.
In Memphis, the bank has offices at 510 S. Mendenhall, 2000 Union Ave., and in the Raymond James tower at 50 N. Front St.