Dylan Clarkson Appointed to Minneapolis Fed Advisory Council

Photo of Dylan ClarksonSDBA Board of Director Dylan Clarkson, president and CEO of Pioneer Bank & Trust in Spearfish, was one of two community bank experts appointed to serve on the Federal Reserve Bank of Minneapolis' Community Depository Institutions Advisory Council (CDIAC). 

Clarkson and Jenny Hosfeld, president and chief banking officer of Think Bank in Rochester, Minn., join nine other members of the Community Depository Institutions Advisory Council. Emily Hofer, CFO/director of Merchants State Bank in Freeman, also serves on the council. 

“I am excited to welcome the new members,” Minneapolis Fed President Neel Kashkari said. “This council provides valuable insight on the state of financial institutions in the Ninth District and important perspective on the region’s economy.”

The CDIAC provides information, advice and recommendations to Kashkari from the perspective of financial institutions in the Ninth District with total assets of less than $10 billion. Members are appointed by the Minneapolis Fed president.

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