APPOINTMENT OF NEW MEMBERS, PRESIDENT, AND VICE PRESIDENT TO THE THRIFT INSTITUTIONS ADVISORY COUNCIL.The Federal Reserve Board on December 22, 2000, announced the names of seven new members of its Thrift Institutions Advisory Council (TIAC See Thrift Institution Advisory Council. ) and designated a new president and vice president of the council for 2001. The council is an advisory group made up of twelve representatives from thrift institutions. The panel was established by the Board in 1980 and includes savings and loan savings and loan n. a banking and lending institution, chartered either by a state or the Federal government. Savings and loans only make loans secured by real property from deposits, upon which they pay interest slightly higher than that paid by most banks. , savings bank, and credit union representatives. The council meets at least three times each year with the Board of Governors to discuss developments relating to thrift institutions, the housing industry, mortgage finance, and certain regulatory issues. The new council president for 2001 is Thomas S. Johnson Thomas S. Johnson may refer to:
FSB savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks , San Antonio, Texas “San Antonio” redirects here. For other uses, see San Antonio (disambiguation). San Antonio is the second most populous city in Texas, the third most populous metropolitan area in Texas, and is the seventh most populous city in the United States. As of the 2006 U.S. . The seven new members, named for two-year terms beginning January 1, are the following: Ronald S. Eliason, President and CEO, Utah Community Federal Credit Union, Provo, Utah D.R. Grimes, Vice President and CEO, NetBank, Alpharetta, Ga., and Charlotte, N.C. Karen L. McCormick, President and CEO, First Federal Savings and Loan Association Federal Savings and Loan Association An institution chartered by the federal government whose primary function is to collect savings deposits and to provide mortgage loans. , Port Angeles, Wash. James F. McKenna, President and CEO, North Shore Bank, FSB, Brookfield, Wis. Charles C. Pearson, Jr., Co-Chairman and CEO, Waypoint Bank, Harrisburg, Pa. Herbert M. Sandler, Chairman and CEO, World Savings Bank, FSB, Oakland, Calif. Everett Stiles, President and CEO, Macon Bank, Franklin, N.C. Other TIAC members whose terms continue through 2001 are the following: Tom R. Dorety, President and CEO, Suncoast Schools Federal Credit Union, Tampa, Fla. Cornelius D. Mahoney, Chairman, President, and CEO, Woronoco Savings Bank, Westfield, Mass. Clarence Zugelter, President, CEO, and Chairman of the Board, First Federal Bank, F.S.B., Kansas City, Mo. |
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