Appointments of new members and the president and vice president of the Thrift Institutions Advisory Council - Announcements - Federal Reserve Board - Brief Article

Federal Reserve Bulletin, Feb, 2002

The Federal Reserve Board on December 14, 2002, announced the names of four new members of its Thrift Institutions Advisory Council and designated a new president and vice president of the council for 2002.

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 president of the council for 2002 is Mark H. Wright, president and chief executive officer, USAA Federal Savings Bank. The new vice president is Karen L. McCormick, president and chief executive officer, First Federal Savings and Loan Association, Port Angeles, Washington.

The four new members, named for two-year terms beginning January 1, 2002, are the following:

John B. Dicus, president, Capitol Federal Savings Bank, Topeka, Kansas

Kevin E. Pietrini, president and chief executive officer, Queen City Federal Savings Bank, Virginia, Minnesota

William J. Small, chairman and chief executive officer, First Federal Bank, Defiance, Ohio

David L. Vigren, president and chief executive officer, ESL Federal Credit Union, Rochester, New York

Council members whose terms continue through 2002 are the following:

Ronald S. Eliason, president and chief executive officer, Utah Community Federal Credit Union, Provo, Utah

D. R. Grimes, vice chairman and chief executive officer, NetBank, Alpharetta, Georgia

James F. McKenna, president and chief executive officer, North Shore Bank, FSB, Brookfield, Wisconsin

Charles C. Pearson, Jr., co-chairman and chief executive officer, Waypoint Bank, Harrisburg, Pennsylvania

Herbert M. Sandler, chairman and chief executive officer, World Savings Bank, FSB, Oakland, California

Everett Stiles, president and chief executive officer, Macon Bank, Franklin, North Carolina