Appointments of new members and designation of the chair and vice chair of the Thrift Institutions Advisory Council.
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 bank, and credit union representatives. The council meets 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 2004 is William J. Small, chairman and CEO, First Federal Bank, Defiance, Ohio. The new vice president is D. Tad Lowrey, chairman, president, and CEO, Jackson Federal Bank, Brea, California.
The four new members, named for two-year terms that began January 1, 2004, are the following:
H. Brent Beesley, chairman and CEO, Heritage Bank, St. George, Utah
Douglas K. Freeman, chairman and CEO, NetBank, Alpharetta, Georgia
David H. Hancock, CEO, North American Savings Bank, Grandview, Missouri
Roy M. Whitehead, president and CEO, Washington Federal Savings, Seattle, Washington
Other TIAC members whose terms continue through 2004 are the following:
Michael J. Brown, Sr., president and CEO, Harbor Federal Savings Bank, Fort Pierce, Florida
Richard J. Driscoll, president, First Savings Bank, FSB, Arlington, Texas
Curtis L. Hage, chairman and CEO, Home Federal Bank, Sioux Falls, South Dakota
Olan O. Jones, Jr., president and CEO, Eastman Credit Union, Kingsport, Tennessee
Kirk Kordeleski, president and CEO, Bethpage Federal Credit Union, Bethpage, New York
George W. Nise, president and CEO, Beneficial Savings Bank, Philadelphia, Pennsylvania