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Drake Mills named to Federal Reserve Board's Community Depository Institutions Advisory Council

For Immediate Release: February 27, 2012

DALLAS—The Federal Reserve Board has named Drake Mills of Choudrant a member of its Community Depository Institutions Advisory Council.

The council is composed of 12 representatives from banks, thrift institutions and credit unions serving on local advisory councils at the 12 Federal Reserve Banks. Mills is a charter member of the Dallas Fed's Community Depository Institutions Advisory Council established in 2010.

Council members will provide the Federal Reserve Board with input on the economy, lending conditions and other issues as part of a Federal Reserve initiative to enhance communication and feedback with community bankers.

Mills is president and CEO of Community Trust Bank in Choudrant and serves on the boards of Community Trust Bank, Community Trust Financial Corporation and Community Trust Services Corp.

He also serves on the boards of the Boys and Girls Club of North Central Louisiana and the Northeast Louisiana Economic Development Corp. Previously, he served on the board of United Way of Northeast Louisiana.

He holds a bachelor's degree in finance from Louisiana Tech University and is a graduate of the Graduate School of Banking at Louisiana State University.

Mills was named 2009 Louisiana Tech Alumnus of the Year and serves on the executive cabinet for College of Administration and Business at Louisiana Tech University.

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Media Contact: Alexander Johnson
Federal Reserve Bank of Dallas
Phone: (214) 922-5288
e-mail: alexander.johnson@dal.frb.org