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Appointments of new members and designation of the chair and vice chair of the Thrift Institutions Advisory Council.


The Federal Reserve Board announced on November 18, 2004, the names of six 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 2005.

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 members from savings and loans, savings banks, and credit unions. 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 2005 is Curtis L. Hage, chairman and chief executive officer, Home Federal Bank, Sioux Falls, South Dakota Sioux Falls (IPA: [su fɑlz]) is the largest city in the U.S. state of South Dakota, and the county seat of Minnehaha County.GR6 The 2007 city population is 148,000. . The new vice president is Roy M. Whitehead, president and chief executive officer, Washington Federal Savings Washington Federal Savings is the savings and loan subsidiary of Washington Federal, Inc., a bank holding company based in Seattle, Washington that trades on the NASDAQ under the symbol WFSL. It has operations in Washington, Idaho, Oregon, Nevada, Utah, Arizona, and Texas. , Seattle, Washington.

These six new members were named for two-year terms that began on January 1, 2005:

Craig G. Blunden, chairman, president, and CEO, Provident Savings Bank, FSB, Riverside, California

Alexander R.M. Boyle, vice chairman, Chevy Chase Bank
This article discusses the current entity which operates as Chevy Chase Bank. An unrelated institution, Chevy Chase Bank and Trust Company, was founded in 1969 and subsequently merged with Citizens Bank and Trust Company of Maryland in 1977, now part of SunTrust Banks.
, Bethesda, Maryland

Robert M. Couch, president and CEO, New South Federal Savings Bank Noun 1. federal savings bank - a federally chartered savings bank
FSB

savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks
, Birmingham, Alabama

Jeffrey H. Farver, president and CEO, San Antonio Federal Credit Union, 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.
 

George Jeffrey Records, Jr., chairman and CEO, MidFirst Bank, Oklahoma City, Oklahoma

David Russell Taylor, president and CEO, Rahway Savings Institution, Rahway, New Jersey

Other TIAC members whose terms continue through 2005 are the following:

Eldon R. Arnold, president and CEO, Citizens Equity First Credit Union Citizens Equity First Credit Union (usually called CEFCU) is a credit union based in Peoria, Illinois.

CEFCU was founded in 1937 to serve the employees of Caterpillar Tractor Company.
 (CEFCU), Peoria, Illinois

H. Brent Beesley, chairman and CEO, Heritage Bank, St. George, Utah

Douglas K. Freeman, chairman and CEO, NetBank, Alpharetta, Georgia

David H. Hancock, chief executive officer, North American Savings Bank, Grandview, Missouri
COPYRIGHT 2005 Board of Governors of the Federal Reserve System
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:Curtis L. Hage, Roy M. Whitehead and Craig G. Blunden
Publication:Federal Reserve Bulletin
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 1, 2005
Words:285
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