INDIANAPOLIS – Indiana Governor Eric Holcomb has appointed Centra CU President/CEO Rick Silvers to the Indiana Board for Depositories.
The appointment is for a four-year term that began this month and runs until March 31, 2027.
"I'm honored to have been appointed to the Indiana Board for Depositories and look forward to serving fellow Hoosiers,” said Silvers.
The Board for Depositories administers Indiana’s Public Deposit Insurance Fund (PDIF) which was created in 1937 to insure the public funds of the State of Indiana and its political subdivisions (counties, cities, towns, schools, etc.) to the extent they are not covered by federal or private deposit insurance.
“We congratulate Rick on this well-deserved appointment,” said League President John McKenzie. “It is a reflection of his strong leadership qualities on behalf of his credit union, and it is especially important to those Indiana credit unions that hold public deposits.”