Release Date: December 1, 2003
For immediate release
The Federal Reserve Board on Monday 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 2004.
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 Council President for 2004 is William J. Small, Chairman and CEO, First Federal Bank, Defiance, Ohio. The new Vice President is D. Tad Lowrey, Chairman, President, and CEO, Jackson Federal Bank, Brea, California.
The four new members, named for two-year terms beginning January 1, 2004 are:
H. Brent Beesley
Other TIAC members whose terms continue through 2004 are:
Michael J. Brown, Sr.
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Last update: December 1, 2003