Five new members named to the Thrift Institutions Advisory Council; new president and vice president named for 2010

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Five new members named to the Thrift Institutions Advisory Council; new president and vice president named for 2010

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The following press release was published by the Board of Governors of the Federal Reserve System on Dec. 23, 2009. It is reproduced in full below.

The Federal Reserve Board on Wednesday announced the names of five new members of its Thrift Institutions Advisory Council (TIAC) and designated a new President and Vice President of the council for 2010.

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.

F. Edward Broadwell, Jr., Chairman and CEO, HomeTrust Bank, Asheville, N.C., will serve as President of TIAC in 2010. Barrie G. Christman, Chairman, Principal Bank, Des Moines, Ia., will serve as Vice President.

The five new members are: Howard T. Boyle President and CEO Home Savings Bank Kent, Ohio Peter J. Johnson President and CEO American Federal Savings Bank Helena, Mont.

Michael Kloiber President and CEO Tinker Federal Credit Union Tinker Air Force Base, Okla.

William T. Stapleton President and CEO Northampton Co-Operative Bank Northampton, Mass.

Dennis M. Terry President and CEO First Clover Leaf Bank Edwardsville, Ill.

TIAC members whose terms continue through 2010 are: F. Edward Broadwell, Jr.

Chairman and CEO HomeTrust Bank Asheville, N.C.

Barrie G. Christman Chairman Principal Bank Des Moines, Ia.

Richard J. Green CEO Firstrust Bank Conshohocken, Pa.

Richard G. Harwood President and CEO Newport Federal Bank Newport, Tenn.

Kay M. Hoveland President and CEO Kaiser Federal Bank and K-Fed Bancorp Covina, Calif.

Randy M. Smith CEO and President Randolph-Brooks Federal Credit Union Universal City, Tex.

William R. White Chairman and CEO Dearborn Federal Savings Bank Dearborn, Mich.

Source: Board of Governors of the Federal Reserve System

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