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Board of Governors of the Federal Reserve System
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Press Release

Federal Reserve Press Release

Release Date: November 29, 2006

For immediate release

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 2007.

TIAC is an advisory group made up of twelve representatives from thrift institutions. The council was established by the Board in 1980 and includes members 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.

David Russell Taylor, President and CEO, Rahway Savings Institution, Rahway, New Jersey, will serve as President of TIAC in 2007. F. Weller Meyer, President and CEO, Acacia Federal Savings Bank, Falls Church, Virginia, will serve as Vice President.

The five new members, named for two-year terms beginning January 1, 2007, are:

Robert M. Clements
Chairman and CEO
EverBank Financial Corp
Jacksonville, Florida

Kerry Killinger
Chairman, President, and CEO
Washington Mutual, Inc.
Seattle, Washington

Harriet May
President and CEO
Government Employees Credit Union
El Paso, Texas

Tom C. Meuser
Chairman and CEO
El Dorado Savings Bank
Placerville, California

F. Weller Meyer
President and CEO
Acacia Federal Savings Bank
Falls Church, Virginia

TIAC members whose terms continue through 2007 are:

Frank E. Berrish
President and CEO
Visions Federal Credit Union
Endicott, New York

A. Thomas Hood
President and CEO
First Federal Savings and Loan Association
Charleston, South Carolina

Kenneth Koranda
President
Mid America Bank
Downers Grove, Illinois

Arkadi Kuhlmann
Chairman, President, and CEO
ING DIRECT USA
Wilmington, Delaware

David E. Poulsen
President and CEO
American Express Centurion Bank
Salt Lake City, Utah

Steven J. Swiontek
Chairman, President, and CEO
Gate City Bank
Fargo, North Dakota

David Russell Taylor
President and CEO
Rahway Savings Institution
Rahway, New Jersey

 
Last update: November 29, 2006