For immediate release

The Federal Reserve Board today announced the names of four new members of its Thrift Institutions Advisory Council (TIAC) and designated a new President and Vice President of the Council for 2000. 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 at least 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 2000 is F. Weller Meyer, President and CEO, Acacia Federal Savings Bank, Falls Church, Virginia. The new Vice President is Thomas S. Johnson, Chairman and CEO, GreenPoint Bank, New York, New York. The four new members, named for two-year terms beginning January 1, are: Tom R. Dorety President and CEO Suncoast Schools Federal Credit Union Tampa, FL Cornelius D. Mahoney Chairman, President, and CEO Woronoco Savings Bank Westfield, MA Mark H. Wright President and CEO USAA Federal Savings Bank San Antonio, TX Clarence Zugelter President, CEO, and Chairman of the Board First Federal Bank, F.S.B. Kansas City, MO Other TIAC members whose terms continue through 2000 are: James C. Blaine President State Employees' Credit Union Raleigh, NC Lawrence L. Boudreaux III President and CEO Fidelity Homestead Association New Orleans, LA Babette E. Heimbuch President and CEO First Federal Bank of California, FSB Santa Monica, CA William A. Longbrake Vice Chair and Chief Financial Officer Washington Mutual Bank Seattle, WA Kathleen E. Marinangel Chairman, President, and CEO McHenry Savings Bank McHenry, IL Anthony J. Popp President and CEO Marietta Savings Bank Marietta, OH

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