Six new members named to the Thrift Institutions Advisory Council; new president and vice president named for 2009

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Six new members named to the Thrift Institutions Advisory Council; new president and vice president named for 2009

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The following press release was published by the Board of Governors of the Federal Reserve System on Dec. 31, 2008. It is reproduced in full below.

The Federal Reserve Board on Wednesday 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 2009.

TIAC is an advisory group established by the Board in 1980 that includes representatives from savings and loan associations, savings banks, and credit unions. It meets three times each year with the Board of Governors to discuss developments relating to thrift institutions, the housing industry, mortgage finance, and regulatory issues.

Curtis L. Hage, Chairman and CEO, Home Federal Bank, Sioux Falls, SD, will serve as President of TIAC in 2009. F. Edward Broadwell, Jr., Chairman and CEO, HomeTrust Bank, Asheville, NC, will serve as Vice President.

The six new members, named for two-year terms beginning Jan. 1, 2009, are: Barrie G. Christman Chairman Principal Bank Des Moines, IA Richard G. Harwood President and CEO Newport Federal Bank Newport, TN Kay M. Hoveland President and CEO Kaiser Federal Bank and K-Fed Bancorp Covina, CA Richard J. Green CEO Firstrust Bank Conshohocken, PA Randy M. Smith CEO and President Randolph-Brooks Federal Credit Union Universal City, TX William R. White Chairman and CEO Dearborn Federal Savings Bank Dearborn, MI TIAC members whose terms continue through 2009 are: F. Edward Broadwell, Jr.

Chairman and CEO HomeTrust Bank Asheville, NC William A. Donius Chairman and CEO Pulaski Bank St. Louis, MO Joseph R. Ficalora Chairman, President and CEO New York Community Bancorp Westbury, NY Curtis L. Hage Chairman and CEO Home Federal Bank Sioux Falls, SD Christopher T. Jillson President and CEO Sandia Laboratory Federal Credit Union Albuquerque, NM Peter L. Judkins President and CEO Franklin Savings Bank Farmington, ME

Source: Board of Governors of the Federal Reserve System

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