Derek Williams, President & CEO, First Peoples Bank, Pine Mountain, has been named to the Federal Deposit Insurance Corporation (FDIC) Advisory Committee on Community Banking and Chairman of the Independent Community Bankers of America (ICBA) 2014 Regulatory Review Committee.
The Federal Deposit Insurance Corporation (FDIC) has announced the selection of eight new members for its Advisory Committee on Community Banking, which has been providing advice and recommendations to the FDIC on a broad range of community bank policy and regulatory matters since it was established in 2009. The Advisory Committee members represent a cross-section of community bankers from around the country.
"We are fortunate to have such talented and dedicated community bank leaders join our Advisory Committee, which has been a valuable resource for the FDIC over the last few years," said FDIC Chairman Martin Gruenberg. "The Advisory Committee has proven to be a key source of information and input for the FDIC on the many significant issues facing community banks," Gruenberg said.
The Advisory Committee on Community Banking discusses and provides input to the FDIC on a wide variety of topics, including current examination policies and procedures, credit and lending practices, deposit insurance assessments, insurance coverage and regulatory compliance. For more information, please visit the Advisory Committee on Community Banking webpage at http://www.fdic.gov/communitybanking/.
Heavily involved with ICBA for several years, Derek served on the ICBA Lending Committee for three years; the Federal Home Loan Bank (FHLB) Task Force for two years; a two-year appointed term on the ICBA Board of Directors, Vice-Chairman for Regulation Review Committee this year and will serve as Chair of the Regulation Review in the upcoming year.
"I'm very excited to have the opportunity to represent community bankers across the country as we try to level the banking and regulatory playing field," Williams commented. "Community banking is far too crucial to the people and the communities we serve to leave our future to chance. Our banking model is and has always been credible, ethical, and sustainable; and I look forward to helping share that message with our legislators and regulatory agencies."
"Derek Williams is a wonderful example of the kind of civic commitment community bankers provide throughout Georgia every day," said Carolyn Brown, President & CEO of the Community Bankers Association of Georgia (CBA). "Our state is fortunate to have Derek representing the community banking industry on a national level. He will be a great resource for the FDIC and ICBA."
Williams holds a Bachelor of Business Administration in Finance from the University of Georgia; a graduate of the Georgia Banking School, Athens; and a graduate of the Graduate School of Banking of the South, Baton Rouge, Louisiana.
He began his banking career at Finance One Georgia in Atlanta before he joined Citizens & Southern National Bank. He has worked as a credit analyst for commercial loans, as well as a commercial account officer and Senior Loan Officer for community banks in Macon, Pine Mountain and Griffin. Derek returned to First Peoples Bank, Pine Mountain, in 1998 as the President & CEO.
Involved in numerous civic and professional activities over recent years, Williams has served as Past Chairman of Junior Achievement of Central Georgia, Inc., Division Treasurer for the American Heart Association of Spalding Count for three years, member of the Board of Directors for the American Heart Association and Volunteer Macon, Past President of the Pine Mountain Chamber of Commerce and the Harris County Cancer Society, Past President of the Rotary Club of Harris County, and Past President of the Harris County Chamber of Commerce. He currently serves as Chairman of the Harris County Development Authority.
Williams has served on the board of the Community Bankers Association of Georgia (CBA) for several years, serving as Chairman of the Board for two terms. He currently serves as a Member at Large on the CBA Board.
CBA provides service to locally owned and operated community banks in Georgia. Representing over 220 community banks and over 200 associate members, CBA serves Georgia's community banks through political representation, educational training, networking events and group purchasing.
For more information about the Association, visit www.cbaofga.com.