Jeffrey G. Ludwig Appointed to Federal Advisory Council

ST. LOUIS — The board of directors of the Federal Reserve Bank of St. Louis has appointed Jeffrey G. Ludwig, president, CEO and vice chairman of Midland States Bancorp Inc. and CEO of Midland States Bank in Effingham, Ill., to serve on the Federal Advisory Council for a one-year term commencing Jan. 11, 2024, and ending Dec. 31, 2024.

Established by the Federal Reserve Act, the Federal Advisory Council consists of one representative from each of the 12 Federal Reserve districts. The members of the council confer at least four times per year with the Federal Reserve Board of Governors in Washington, D.C., on economic and banking developments, and make recommendations on Federal Reserve System activities.