The Federal Reserve Bank of Philadelphia appointed three new members to its Community Depository Institutions Advisory Council.
The new appointees include Kelly Botti, president and CEO of TruMark Financial Credit Union; Gregory Hayes, president and CEO of Kish Bank and Kish Bancorp; and Tarrie Miller, president and COO of County Bank.
The 12-member advisory council is composed of representatives from commercial banks, thrift institutions, and credit unions. The group meets twice a year with officials from the Federal Reserve Bank of Philadelphia to share insights about economic and business trends facing community depository institutions. After each local meeting, a representative from the council joins counterparts from other Federal Reserve Banks at a meeting hosted by the Federal Reserve Board of Governors in Washington, D.C.
Botti has been CEO of Fort Washington-based TruMark Financial since August 2022. She had previously served as TruMark’s senior vice president, chief risk officer, and corporate counsel. Botti is on the board of the Delaware Valley Chapter of the American Red Cross. She also recently joined the Global Women’s Leadership Network PA Sister Society and is actively involved in the TruMark Financial Cares Foundation.
Hayes has been president and CEO of Belleville-based Kish Bank and its parent company, Kish Bancorp, since June 2023. Hayes serves on the board for the Chamber of Business & Industry of Centre County and its Economic Development Council. He also serves as chair of the Bankers Advisory Board of the Conference of State Bank Supervisors. In addition, Hayes is a board member of the Pennsylvania Bankers Association’s Political Action Committee, and vice chair of Friends of Traditional Banking.
Miller has more than four decades of experience in financial services. She joined County Bank, headquartered in Rehoboth Beach, Delaware, in 2013. Prior to that, she spent 18 years at a large community bank in southeastern Pennsylvania, where she served as senior executive vice president and chief deposit officer. Miller is vice president of the Harry K Foundation Executive Board and a member of the Delaware Cash Management Policy Board. She is also a past chair of the Delaware Bankers Association and a member of the American Bankers Association Community Bankers Council.
The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy; supervises state member banks, bank holding companies, and savings and loan holding companies; and provides financial services to depository institutions and the federal government. It is one of the 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up the Federal Reserve System.