Atlanta Fed Announces New Members and Chair of Community Depository Institutions Advisory Council
For immediate release: April 09, 2026
The Federal Reserve Bank of Atlanta announces two new members of its Community Depository Institutions Advisory Council (CDIAC), along with a new chair: Steve Moseley and Joe Zanco are joining, while Clayton Legear will chair the council and represent the group at the national meeting at the Board of Governors. They each will serve three-year terms that expire in 2028.
CDIAC was established in 2010 by the Board of Governors to provide input to the Board on the economy, lending conditions, and other issues of interest to community depository institutions pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Members consist of representatives of banks, thrift institutions, and credit unions and serve on local advisory councils at the 12 Federal Reserve Banks. The council chair represents the Atlanta Fed on the national council, which meets with the Board twice a year in Washington, DC.
Joe Zanco is president, chief executive officer, and director of Louisiana-based Catalyst Bank. He currently serves on the board of directors of the Louisiana Association of Business and Industry, the Louisiana Bankers Association, and the Community Foundation of Acadiana. Zanco is a graduate of Louisiana State University.
Steve Moseley is president and chief executive officer of MIDFLORIDA Credit Union. He serves on the boards of the League of Credit Unions and Affiliates and Lakeland-based Catapult. Moseley is a graduate of Stetson University and Florida Southern College.
Clayton Legear serves as chairman and chief executive officer of Merchants & Marine Bancorp, Inc. and its subsidiary, Merchants & Marine Bank. He holds active positions on several organizational boards, including the Mississippi State Board of Banking Review and the Mobile Area Chamber of Commerce. Legear is a graduate of Troy University and Louisiana State University.