2025 Community Banking Research Conference

Leslie Andersen is the president and chief executive officer of Bank of Bennington, Bennington, Neb.  Andersen received a bachelor’s degree in finance from the University of Nebraska – Lincoln and a MBA from Golden Gate University, San Francisco. She has more than 30 years of banking experience.  Andersen has served as chairman of the American Bankers Association’s Government Relations Council—comprised of bank officers from every state in the nation and Puerto Rico. She is also a former member of the American Bankers Association’s board of directors, and currently serves on the board of directors for BancAlliance.  She served as chairman of the Nebraska Bankers Association in 2001.  Andersen currently serves on the executive committee for the Greater Omaha Chamber of Commerce and on the University of Nebraska’s President’s Advisory Council. She also serves on the Nebraska Economic Forecasting Board and is a Councillor of the Knights of Aksarben.  Andersen previously served as the chairman for Alegent Health Systems, Immanual Health Systems and Lutheran Family Services, and was a member of the board of the directors for the Alegent Creighton Clinic in Omaha.

Michael S. Barr took office as a member of the Board of Governors of the Federal Reserve System on July 19, 2022, for an unexpired term ending January 31, 2032. Mr. Barr served as the Vice Chair for Supervision of the Board of Governors of the Federal Reserve System from July 19, 2022, to February 28, 2025.

Prior to his appointment to the Board, Mr. Barr was the Joan and Sanford Weill Dean of the Gerald R. Ford School of Public Policy, the Frank Murphy Collegiate Professor of Public Policy, the Roy F. and Jean Humphrey Proffitt Professor of Law at the University of Michigan Law School, and the founder and faculty director of the University of Michigan's Center on Finance, Law & Policy. At the University of Michigan Law School, Mr. Barr taught financial regulation and international finance and co-founded the International Transactions Clinic and the Detroit Neighborhood Entrepreneurs Project.

Mr. Barr served as the U.S. Department of the Treasury's assistant secretary for financial institutions, 2009-2010. Under President William J. Clinton, he served as the Treasury Secretary's special assistant, as deputy assistant secretary of the Treasury, as special adviser to the President, and as a special adviser and counselor on the policy planning staff at the U.S. Department of State.

Additionally, Mr. Barr served as a law clerk to U.S. Supreme Court Justice David H. Souter during October Term 1993, and previously to the Honorable Pierre N. Leval, then of the Southern District of New York.

Mr. Barr received a BA in history from Yale University, an MPhil in international relations from Oxford University, and a JD from Yale Law School.

Bill Bickle is the Chief Risk Officer/Chief Credit Officer for Stockman Financial Corp./Stockman Bank of Montana.  He was raised on the family ranch at Ismay, Montana.  He graduated from Montana State University with degrees in Business Finance and Economics and subsequently received a professional certificate from the Pacific Coast Banking School at the University of Washington.

Bill joined Stockman Bank in 1987 as corporate auditor and over his career with the organization has held a wide range of management responsibilities in the investment, operational and lending divisions of the bank.  He is a past chairman and board member of the Montana Bankers Association and is currently a member of the American Bankers Association Government Relations Council.

Stockman Bank of Montana is a state-wide banking organization headquartered in Miles City, Montana.

It is Montana’s largest, family-owned, community bank, with convenient full-service locations across the state. Founded in 1953, Stockman remains uniquely focused on Montana, with comprehensive banking products and services, along with state-of-the-art online and mobile banking, wealth management and insurance services.

Xugan Chen is a Ph.D. student in Financial Economics at the Yale School of Management, Yale University. His research focuses on innovation, corporate finance, entrepreneurship, and big data in finance. Prior to his doctoral studies, he was a Pre-Doctoral Fellow at the Yale Economics / Tobin Center and the Yale School of Management.

David Coxon is the consummate Community Banker with over 45 years of banking experience in the Georgia banking market. David joined Georgia Primary Bank in February 2012 as President and Chief Executive Officer.

David serves on the Community Bankers and Credit Committees of the Georgia Bankers Association and is past chair of the credit committee.  David is a lifetime member of the Risk Management Association having chaired their Community Bank Council and in 2010 was elected national chairman for the Risk Management Association.

David strongly supports community banking because it remains the closest to serving the character of its people and businesses. He believes banking is a people business never to be replaced by credit models and technology. David holds a BBA degree in accounting from Columbus State University and a master’s in Organizational Leadership and Management from Mercer University.

Jim Edwards is Chief Executive Officer of United Bank, a closely held community bank serving nine suburban and rural counties in central Georgia. Since becoming CEO in 2002, he has led the bank’s growth to more than $2.2 billion in assets, making United Bank the sixth largest bank chartered in Georgia and one of the largest community banks that is 100% employee-owned in the country.

Jim is a past Chairman of the American Bankers Association, the largest bank trade association in the U.S., representing banks of all sizes nationwide. Currently, he serves as Vice Chairman of American Bankers Mutual Insurance Company. He has also chaired the ABA’s Community Bankers Council, the Georgia Bankers Association, and served on the FDIC’s Community Bank Advisory Committee.

Actively engaged in community and civic leadership, Jim currently serves as Vice Chairman of Upson Regional Medical Center and has chaired multiple local and regional boards. He is a graduate of Emory University, the University of Virginia Darden School of Business, and the Stonier Graduate School of Banking.

A native of Barnesville, Georgia, Jim and his wife, Dr. Laura Edwards, live in Forsyth and have three adult children.

 

Andrew (Andy) Felton is the Director of the Division of Insurance and Research at the Federal Deposit Insurance Corporation, in which role he oversees management of the Deposit Insurance Fund, research, economic analysis, and international coordination.  He previously served as the Deputy Director for Systemic Risk in the FDIC’s Division of Complex Institution Supervision & Resolution.  Andy joined the FDIC in 2005 and has also worked at the Federal Reserve Board of Governors. Andy has a B.A. in English from Carleton College, an M.A. in Economics from Tufts University, and has completed all coursework for a Ph.D. in Public Policy from the University of Maryland.

Jim Fuchs is a vice president at the Federal Reserve Bank of St. Louis, overseeing the operations of the bank’s Applications, Credit, Reserves, Statistics, Business Line Training Services, Quality Assurance, Digital Transformation Consulting, Supervision Policy Research and Analysis, and Supervision Outreach units. Fuchs also oversees a wide range of national outreach programs developed by the St. Louis Fed for community bankers and is a member of several Federal Reserve System workgroups focused on community banking issues. Fuchs also chairs the organizing committee the Federal Reserve/ Conference of State Bank Supervisors’/FDIC annual Community Banking Research Conference. Before joining the St. Louis Fed, Fuchs served as a banking policy adviser and directed financial communications for New York State Comptroller Thomas DiNapoli. Earlier, he was chief of staff to former New York State Banking Superintendent Diana Taylor and served as an advisor to New York City Mayor Michael Bloomberg. He is a former captain in the United States Air Force serving during Operations Desert Storm, Enduring Freedom, and Iraqi Freedom. Fuchs received his MBA from the University of Missouri-St. Louis and his Bachelor of Science from the U.S. Air Force Academy. He also earned a graduate certificate in communications from the University of Oklahoma and a teaching certificate in secondary mathematics from City College in New York. In addition, Fuchs is a graduate of the Department of Defense Information School and the American Academy of Dramatic Arts. He is also a graduate of the Stonier Graduate School of Banking at the University of Pennsylvania’s Wharton School of Business.

John Hackney is an Assistant Professor of Finance at the Walton College of Business, University of Arkansas. He previously held the position of Assistant Professor of Finance at the Darla Moore School of Business, University of South Carolina. He has served on the program committee for the Community Banking Research Conference, and received the Most Important Contribution to Banking Policy Award at the 2019 Conference. His research focuses on entrepreneurship, FinTech, household finance, empirical corporate finance, and banking. John has a BA in Economics and Finance from Gonzaga University, and a MS and PhD in Finance and Business Economics from the University of Washington.

 

Ken Heinecke is senior vice president of Supervision, Regulation, and Credit. In this role he leads the regional supervision and regulation of bank holding companies and state member banks in the Ninth District.

Previously, Ken served as the vice president overseeing the safety and soundness function and as a senior leader of U.S. stress testing. He has experience managing risk across all sizes of banks and has served regularly on the committee that prepares the Bank president for Federal Open Market Committee meetings.

Before rejoining the Bank in 2011, Ken held capital markets positions in the private sector, including director of research for Kenwood Capital Management in Minneapolis. Early in his career, Ken was a member of the Financial Markets and Institutions Group in the research department at the Federal Reserve Bank of Kansas City.

Ken has a B.A. in economics from Luther College and an M.A. in economics from the University of Iowa. He also has chartered financial analyst and chartered alternative investment analyst designations.

On August 18, 2025, Kara Hunter began serving as Colorado’s State Bank Commissioner, responsible for the regulation of state-chartered commercial banks, trust companies, licensed money transmitters, and the Public Deposit Protection Act under the Colorado State Banking Board’s policy and rule-making authority.

Ms. Hunter has been with the Colorado Division of Banking since 1998, serving as Director of Operations from 2001 and Deputy State Bank Commissioner from January 2020. Throughout her tenure, she has provided strategic and operational leadership, managing regulatory programs, budget oversight, and staff supervision, while acting as a key advisor on complex regulatory issues and coordinating with federal agencies.

Before joining the Division, she was a senior examiner at the Federal Reserve Bank of Kansas City - Denver Branch, where she began her career as a bank examiner trainee in 1989.

She holds a Bachelor of Arts in Business Administration and Political Science from Augustana College – Sioux Falls, South Dakota.

Kenneth Kelly serves as Chairman and CEO of First Independence Bank, a minority depository institution, based in Detroit, Michigan. He is a respected leader in the banking community, currently serving as Chairman of the National Bankers Association. In 2018, he was named to the Federal Reserve Bank’s Seventh District Community Depository Institutions Advisory Council (CDIAC). Kenneth was also selected to become a member of the Federal Deposit Insurance Corporation Chairman’s Advisory Committee on Community Banking which is charged with providing advice and recommendations to the FDIC on a broad range of community banking policy and regulatory matters. In October 2020, he is expected to be seated on the American Bankers Association Board of Directors. Kenneth has testified as an expert witness before the U.S. Congressional House Financial Services subcommittee on consumer protection and financial institutions and has provided input to the full committee of the House Financial Services during its COVID19 listening session. Also, Kenneth provided input and advice to the Secretary of Treasury and White House Staff during COVID19 on the state of minority banks. 

Kenneth’s leadership in various organizations has culminated in him being selected as the chairperson of the Auburn University Engineering Alumni Council. In this role, Kenneth works with a successful group of alumni including many CEO’s to assist the dean of the college with research and development, fundraising, academic achievement and overall guidance to the college to become the best student-centered program in America. In 2019, the dedication of the new Brown Kopel Engineering Student Achievement Center included the naming of the Kenneth Kelly Engineering Academic Excellence Program Reception Area. 

Prior to banking, Kenneth enjoyed a 27 year career as an electric utility business leader in numerous roles within Southern Company. His last role entailed negotiating acquisitions of large renewable solar projects valued at $3.4 billion in partnership value. In 2018, Kenneth was inducted as the 137^th Distinguished Auburn Engineer. On February 22nd, 2020 he was inducted into the State of Alabama Engineering Hall of Fame. 

Kenneth grew up in Eufaula, Alabama and received an electrical engineering degree from Auburn University and completed the executive MBA program at the University of Alabama.

Rhoshunda Kelly was appointed by Governor Tate Reeves to serve as the Commissioner of the Department of Banking and Consumer Finance on March 22, 2021. Kelly has over 20 years of experience as a regulator, beginning her career with the Department as a bank examiner trainee in 2001. She was a field examiner from 2001 to 2011 and became a review examiner in 2012. Kelly was promoted to the Director of Bank Supervision in 2013 and appointed Deputy Commissioner in 2014. As Deputy Commissioner, Kelly managed the banking, mortgage, consumer finance, administration, legal and information technology divisions. She also ensured effective coordination between the state and federal regulators and fostered engagement with regulated industries.

As Commissioner, Kelly ensures effective agency operations and oversees $154 billion in state-chartered banking assets. She also ensures the licensure and supervision of over 8,000 consumer finance and mortgage licensees, which represent 11 financial industries.

Kelly received her undergraduate degree in business with a concentration in Banking and Finance from Mississippi State University. She is a graduate of the Graduate School of Banking at Louisiana State University where she is a past instructor. Kelly is also an honor graduate of the American Bankers Association Graduate Trust School. She serves as a member of the Mississippi Certified Public Manager Advisory Board. Kelly is Vice-Chair of Mississippi State University Finance and Economics Advisory Board and was named a 2019 Leader in Finance by Mississippi Business Journal.

Kelly is active in the Conference of State Bank Supervisors (CSBS) and was recently elected as the Chair Elect of the Executive Committee and Board of Directors.

Brian Jonghwan Lee is an Assistant Professor of Finance at Emory University Goizueta Business School. He completed his PhD in Finance at Columbia Business School in 2024, and his research areas include household finance and corporate finance. Prior to his PhD, he received his undergraduate degree in Economics and Statistics from Carnegie Mellon University and subsequently held research positions at the Federal Reserve Bank of Minneapolis and the University of Chicago Booth School of Business.

Brandon Milhorn is the president and chief executive officer of the Conference of State Bank Supervisors (CSBS), the national association representing state financial regulators and a champion for the system of state financial supervision. He was appointed by the Board of Directors in December 2023. CSBS supports state regulators by advocating for responsible policy; engaging with federal regulatory counterparts, the Administration, and Congress; providing research on economic matters, industry trends, and best practices; conducting training and professional development; and developing transformative supervisory technology, such as the Nationwide Multistate Licensing System and Registry.

Milhorn previously held leadership roles at the Federal Deposit Insurance Corporation (FDIC), serving as deputy to Vice Chairman Travis Hill and as chief of staff and deputy to Chairman Jelena McWilliams. Before the FDIC, he spent seven years in the private sector with Raytheon Corporation. Before Raytheon, he held numerous positions over a decade of public service, including as staff director and chief counsel for the Senate Committee on Homeland Security and Governmental Affairs, general counsel for the Senate Select Committee on Intelligence, and as an attorney at the CIA. He began his career with two federal clerkships.

Milhorn holds a B.S. in economics from East Tennessee State University and a J.D. from Cornell Law School.

Alberto G. Musalem is the president and CEO of the Federal Reserve Bank of St. Louis. In this role, he participates on the Federal Reserve’s Federal Open Market Committee, or FOMC,
which meets at least eight times each year to set the direction of U.S. monetary policy. He also oversees the activities of the Eighth Federal Reserve District at its St. Louis headquarters and branches in Little Rock, Ark., Louisville, Ky., and Memphis, Tenn. These activities include economic research, fiscal agent responsibilities for the U.S. Treasury, supervision of District financial institutions, community development, and regional payments, transparency, technology and support functions. As the St. Louis Fed president, Musalem makes public outreach a priority, talking regularly with people and communities across the Eighth District about the economy. Engaging with Main Street provides him with important insights as he represents the District at the monetary policy table. Musalem is an economist and executive with nearly three decades of prior public and private sector experience in economic policy, finance and markets. He earned a Ph.D. in economics from the University of Pennsylvania. He also holds master’s and bachelor’s degrees in economics from the London School of Economics and Political Science. 

Kathleen Navin is a senior business economist at the Federal Reserve Bank of St. Louis in the division of Supervision. Navin’s responsibilities pertain to analyzing and presenting on economic and banking conditions in the United States and regionally. Prior to joining the Federal Reserve Bank of St. Louis, Navin held the position of Economics Executive Director in U.S. Economics at S&P Global Market Intelligence, joining the firm through the acquisition of Macroeconomic Advisers. In this role, she produced analysis on economic data and forecasts related to the US economic outlook and developed alternative macroeconomic scenarios for use in bank stress testing. She was previously a research associate at the Federal Reserve Bank of Kansas City in the division of Macroeconomics and Monetary Policy. Navin graduated with her Bachelor of Science in Economics and her Master of Arts in Economics from the University of Missouri, Columbia, Missouri. Navin is an active member of the National Association for Business Economics (NABE), currently serving a three-year term as a member of its board of directors. She became a member of NABE’s inaugural class of Certified Business Economists in 2015.

President and CEO Alexander Price is responsible for the oversight of all seven branches of the bank, and serves as a director for Citizens State Bank and CSBO Holdings, Inc.

Alexander has spent his career in technology. He started on the government side as the IT policy advisor and speechwriter for Colorado Gov. John Hickenlooper. Alexander then moved to the business development side, working for companies in application platforms and manufacturing and restaurant automation. He has a BA in international relations and economics from Claremont McKenna College and an MBA from Northwestern University.

Ilaria Rawlins is the CEO of Fortuna Bank, a newly launched de novo bank in Columbus, Ohio and one of only 15 women-owned banks in the nation.  She brings more than 30 years of experience in banking, with a career deeply rooted in retail leadership and prior de novo expertise.  Known for building high-performing teams, driving strategic growth, and forging strong community partnerships, she has consistently championed inclusivity and innovation in financial services.  Under her leadership, Fortuna Bank was founded with a mission to expand access to capital, particularly for women and small business owners, while making a meaningful impact in the community it serves.  Ilaria is a graduate of Denison University with a Bachelor of Arts.    

Antonio Salazar is the commissioner of the Maryland Department Financial Regulation. Commissioner Salazar is an attorney with a distinguished 39-year career in the banking and financial services sector. He is currently serving his eighth year as Maryland’s Commissioner of Financial Regulation. Under his leadership, Maryland’s consumer financial protection agency oversees the chartering, licensing, and supervision of all state-chartered depository institutions and financial service providers. As Maryland’s financial regulator, Commissioner Salazar is an active member of CSBS, where he serves as Chair of the Board of Directors and is a member of the Non-Depository Supervisory Committee. He maintains regular contact with federal regulatory authorities, other state bank regulators, and state and federal legislators. Committed to strengthening community banks and the dual banking system, he has led his office in early adoption of the State Examination System, sponsored various financial service model laws such as the Model Money Transmission Act, and achieved accreditation as a banking, mortgage, and money service business regulatory agency. His office has also championed the Maryland Access to Banking Act, incentivizing community bank investments in underbanked communities. In addition to his regulatory duties, Commissioner Salazar is a member of the Maryland Commission on Financial Education and Capability. He is honored to be a part of the AIR TechSprint judging team.

Joey Samowitz is a director of policy development with the Conference of State Bank Supervisors (CSBS). He serves as the senior analyst and facilitator on multiple committees and provides analysis on regulatory and legislative topics. Samowitz’s areas of focus include cryptocurrency, fintech and bank supervision. He received his bachelor’s degree from the University of Maryland, going on to serve as campaign manager for then Maryland House of Delegates Majority Leader Anne Kaiser. After the campaign’s completion, he worked for the Washington Commanders football team, eventually becoming an assistant for owner Dan Snyder. He joined CSBS in 2017.

Thomas Siems is the chief economist with the Conference of State Bank Supervisors (CSBS). He joined CSBS in 2019 after serving 34 years at the Federal Reserve Bank of Dallas and more than 20-year teaching at Southern Methodist University in Dallas. Siems earned a Bachelor of Science in industrial and operations engineering from the University of Michigan and his Master of Science and Ph.D. degrees in operations research from Southern Methodist University. Siems is also a graduate of the Graduate School of Banking at Colorado and has published more than 75 articles in academic, Federal Reserve and referred journals. He delivered a 2015 TEDxSMU Talk, “The Wealth of Innovations,” and has authored five children’s picture books, including “The Dangerous Pet,” which poetically helps readers understand the dangers of debt. 

Carl White is the senior vice president of the Supervision, Credit, Community Development and Learning Innovation division at the Federal Reserve Bank of St. Louis. White has more than 35 years of experience in the Supervision Division of the Federal Reserve Bank of St. Louis.  He is currently senior vice president of the Supervision, Credit and Learning Innovation Division. He has served in various other roles within Safety and Soundness, beginning his career as an examiner. Mr. White has served as lead instructor and course developer on numerous Fed System training courses, including an international assignment in Brazil. In addition, he served as the central point of contact for the District’s largest state member bank before and during the financial crisis. He and his team were nominated for the District’s President’s Award for Innovation as a result of efforts to implement and enhance off-site loan review and examination processes. Mr. White holds a bachelor’s degree with a major in finance from St. Louis University.