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.

Federal Reserve Bank of Cleveland

The Federal Reserve Bank of Cleveland is one of 12 regional Reserve Banks that along with the Board of Governors in Washington DC comprise the Federal Reserve System. Part of the US central bank, the Cleveland Fed participates in the formulation of our nation’s monetary policy, supervises banking organizations, provides payment and other services to financial institutions and to the US Treasury, and performs many activities that support Federal Reserve operations System-wide. In addition, the Bank supports the well-being of communities across the Fourth Federal Reserve District through a wide array of research, outreach, and educational activities.

The Cleveland Fed, with branches in Cincinnati and Pittsburgh, serves an area that comprises Ohio, western Pennsylvania, eastern Kentucky, and the northern panhandle of West Virginia.

Media contact

Doug Campbell, doug.campbell@clev.frb.org, 513.218.1892