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ASB’s Hanson appointed to Federal Reserve Bank Advisory Council

Five new community bank experts have been appointed to the Community Depository Institution Advisory Council of the Federal Reserve Bank of Minneapolis. American State Bank & Trust Company of Williston President/CEO David Hanson was one of those recently appointed.

The Advisory Council provides information, advice, and recommendations to Minneapolis Federal Reserve Bank President Neel Kashkari from the perspective of thrifts, credit unions, and banks in the Ninth District with total assets of less than $10 billion. “I am excited to welcome new members and am looking forward to hearing their unique perspectives,” Kashkari said. “This year’s additions . . . will provide important context about the economy and the state of banking in the Ninth District.”

“It is an honor to represent North Dakota in the Ninth District,” said Hanson. “This is a unique time in history for all of us and community financial institutions have the ability to really make a positive impact on the people and communities we serve.”

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