Federal Reserve Bank of Cleveland Announces Official Appointments
Mike Coldwell has been appointed an assistant vice president in the Supervision and Regulation Department at the Federal Reserve Bank of Cleveland with responsibility for Large Banking Organizations (LBO). He is in charge of strategic oversight and coordination of supervisory responsibilities for Fourth District banking organizations with assets greater than $50 billion.
Coldwell joined the Bank as a bank examiner in 1985, and he has held positions of increasing responsibility within the Supervision and Regulation Department. Most recently, he was a supervisory examiner-central point of contact for The PNC Financial Services Group, Inc.
Coldwell holds a master’s degree in project management from Baldwin Wallace University in Cleveland and a degree in management and finance from Otterbein College in Westerville, Ohio. His appointment was effective February 16, 2013.
David Johnston has been appointed an assistant vice president in the Supervision and Regulation Department at the Cleveland Reserve Bank with responsibility as the central point of contact for The PNC Financial Services Group, Inc. Johnston is responsible for the continuous supervision of PNC’s operations and managing a team of examiners focused on PNC. He also will work closely with the Office of the Comptroller of the Currency (OCC) and other functional bank regulators. Johnston will work out of the Bank’s Pittsburgh Branch.
Johnston has more than 25 years of experience in the supervision of large, regional, and community banks. Most recently, he was the central point of contact for Capital One Financial Corporation for the Federal Reserve Bank of Richmond. He also has held national bank examiner positions at the OCC.
Johnston holds a bachelor’s degree in economics from Dickinson College in Carlisle, Pennsylvania, and an MBA from Northeastern University in Boston. His appointment was effective April 1, 2013.
Tim McFadden has been appointed an assistant vice president in the eGovernment Internet Channel Department, with responsibility for managing software development.
McFadden joined the Bank in 1989 as a check processor. He has held positions of increasing management responsibility in the technology areas of the Bank since 1993. Most recently, he was a manager in the eGovernment Internet Channel Department.
McFadden has two bachelor’s degrees from Cleveland State University in computer science with a minor in marketing. His appointment was effective April 1, 2013.
The Federal Reserve System
The Federal Reserve Bank of Cleveland is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., comprise the Federal Reserve System. As the nation's central bank, the Federal Reserve System formulates U.S. monetary policy, supervises certain banks and other financial institutions, and provides payment services to financial institutions and to the U.S. government. Payment services include check clearing, electronic payments, and the distribution of currency and coin.
Fourth Federal Reserve District
The Federal Reserve Bank of Cleveland, with branches in Cincinnati and Pittsburgh, serves the Fourth Federal Reserve District, which includes Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia. For more information on the Federal Reserve Bank of Cleveland, see www.clevelandfed.org or follow us on Facebook and Twitter (@ClevelandFed).