German American CEO Elected to Federal Reserve Bank Board

Neil Dauby will contribute to national monetary policymaking as a director of the St. Louis Fed.

Apr. 10, 2026 at 5:37pm

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A high-end, photorealistic studio still-life photograph featuring a polished metal gavel, a stack of financial documents, and a US dollar bill arranged elegantly on a clean, monochromatic grey background, conceptually representing the gravitas and influence of the Federal Reserve.The appointment of a regional bank CEO to the Federal Reserve's board signals the importance of local economic insight in national monetary policymaking.Jasper Today

German American Bank's Chairman and CEO, Neil Dauby, has been elected to serve on the Board of Directors of the Federal Reserve Bank (FRB) of St. Louis. In this role, he will provide valuable economic insight affecting businesses and communities in the region served by the St. Louis Fed, which includes German American Bank's footprint.

Why it matters

Dauby's appointment to the St. Louis Fed board aligns with German American Bank's purpose of helping communities thrive, allowing the bank to contribute to national monetary policy decisions that impact its local markets.

The details

As a member of the St. Louis Fed's board, Dauby will participate in the national monetary policymaking process, leveraging his experience leading German American Bank, a financial institution with 94 banking offices across Indiana, Kentucky, and Ohio.

  • Dauby was elected to the St. Louis Fed board in April 2026.

The players

Neil Dauby

Chairman and CEO of German American Bank.

German American Bank

A financial holding company based in Jasper, Indiana, with 94 banking offices across Indiana, Kentucky, and Ohio.

Federal Reserve Bank of St. Louis

One of the 12 regional Federal Reserve Banks that, together with the Board of Governors, make up the Federal Reserve System.

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What they’re saying

“This appointment aligns with the Bank's purpose to help communities thrive, so its people can prosper.”

— Neil Dauby, Chairman and CEO, German American Bank

What’s next

Dauby will begin his term on the St. Louis Fed's board immediately, contributing to monetary policy decisions that impact the regional economy.

The takeaway

German American Bank's CEO joining the St. Louis Fed board demonstrates the bank's commitment to supporting the economic well-being of the communities it serves, leveraging its local expertise to inform national monetary policy.