Federal Home Loan Bank of Cincinnati Announces Results of Director Elections

The Federal Home Loan Bank of Cincinnati’s Board of Directors announced the results of the FHLB’s 2025 director elections and board leadership updates. In this election, two Kentucky Member Directors and one at-large Independent Director were elected to the Board. From Kentucky, J. Wade Berry and Timothy E. Barnes were elected as Member Directors. Danny J. Herron, Nashville, was elected to serve as an Independent Public Interest Director. All three directors will serve four-year terms commencing January 1, 2026, and expiring December 31, 2029.  Michael P. Pell will serve as chair filling a one-year vacancy effective January 1, 2026 through December 31, 2026, and Lewis Diaz will serve as vice chair for a two-year term commencing January 1, 2026 through December 31, 2027. 

J. Wade Berry is President & CEO of Farmers Bank & Trust Company, Marion, Kentucky. He has served on the FHLB Board as a Member Director since 2022, and currently chairs its Risk Committee.  

Timothy E. Barnes is President & CEO, Hometown Bank, Corbin, Kentucky. He was newly elected to the Board.  

Danny J. Herron is President & CEO of Habitat for Humanity of Greater Nashville, Tennessee. He has served on the FHLB Board since 2022, as a Public Interest Independent Director, and he currently chairs the Board’s Governance Committee.

Michael P. Pell is President and CEO, First State Bank, Winchester, Ohio. He has served on the FHLB Board as an Ohio Member Director since 2019, and as Board Vice Chair from January 1, 2025-December 31, 2025. 

Lewis Diaz is a Partner at Dinsmore and Sholl, LLP, Covington, Kentucky. He has served on the FHLB Board since 2022, as a Public Interest Independent Director, and he currently chairs the Board’s Human Resources, Compensation and Inclusion Committee.