|For immediate release|
The Federal Reserve Board today announced the names of seven new members of its Thrift Institutions Advisory Council (TIAC) and designated a new President and Vice President of the Council for 2001.
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 2001 is Thomas S. Johnson, Chairman and CEO, GreenPoint Bank, New York, New York. The new Vice President is Mark H. Wright, President and CEO, USAA Federal Savings Bank, San Antonio, Texas.
The seven new members, named for two-year terms beginning January 1, are:
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