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New Members of Thrift Institutions Advisory Council
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November 19, 2004
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| Circular No. 11661 | |
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To All Depository Institutions and Others In a press release, the Federal Reserve Board announced the names of six new members of its Thrift Institutions Advisory Council (TIAC) 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 CEO, Home Federal Bank, Sioux Falls, South Dakota. The new Vice President is Roy M. Whitehead, President and CEO, Washington Federal Savings, Seattle, Washington.
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