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Federal Reserve Bank
OF DALLAS
ROBERT

D. M C T E E R , J R .

P R E S ID E N T
AND

C H IE F

E X E C U T IV E

January 15. 1992
J

O F F IC E R

DALLAS, TEXAS 7 5 2 2 2

Notice 92-04
TO:

The Chief Executive Officer of each
member bank and others concerned in
the Eleventh Federal Reserve District
SUBJECT
Federal Reserve Board Appointments to the
Thrift Institutions Advisory Council
DETAILS

The Federal Reserve Board has announced the names of four new
members appointed to its Thrift Institutions Advisory Council and has desig­
nated a new president of the council for 1992.
The council is an advisory group made up of 12 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 with the Board of Governors at least four times each year to
discuss developments relating to thrift institutions, the housing industry,
mortgage finance, and certain regulatory issues.
Lynn W. Hodge, President and Chief Executive Officer of United
Savings Bank, Inc., Greenwood, South Carolina, will serve as president.
The four new members, named for two-year terms that begin January 1,
1992, are
Vance W. Cheek, President and Chief Executive Officer,
Home Federal Bank, FSB, Johnson City, Tennessee;
Beatrice D ’
Agostino, President and Chief Executive Offi­
cer, New Jersey Savings Bank, Somerville, New Jersey;
Thomas J. Hughes, President, Navy Federal Credit Union,
Merrifield, Virginia; and
Thomas R. Ricketts, Chairman, President, and Chief Execu­
tive Officer, Standard Federal Bank, Troy, Michigan.

For additional copies, bankers and others are encouraged to use one of the following toll-free numbers in contacting the Federal Reserve Bank of Dallas:
Dallas Office (800) 333-4460; El Paso Branch Intrastate (800) 592-1631, Interstate (800) 351-1012; Houston Branch Intrastate (800) 392-4162,
Interstate (800) 221-0363; San Antonio Branch Intrastate (800) 292-5810.

This publication was digitized and made available by the Federal Reserve Bank o f Dallas' Historical Library (FedHistory@dal.frb.org)

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ATTACHMENT
A copy of the Board’
s press release announcing the appointments is
attached.
MORE INFORMATION
For further information, please contact Millard Sweatt at (214)
651-6375. For additional copies of this Bank’
s notice, please contact the
Public Affairs Department at (214) 651-6289.
Sincerely yours,

FEDERAL RESERVE press release
'• f * 4 L R t >

December 19, 1991

For immediate release

The Federal Reserve Board today announced the
names of four new members appointed to its Thrift
Institutions Advisory Council (TIAC) and designated a new
President of the Council for 1992.
The Council is an advisory group made up of 12
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 four times each year with the Board of
Governors to discuss developments relating to thrift
institutions, the housing industry, mortgage finance, and
certain regulatory issues.
Lynn W. Hodge, President and CEO of United Savings
Bank, I n c . , Greenwood, South Carolina, will serve as
President.
The four new members, named for two-year terms
that begin January
Vance W.
Bank,

1, are:
Cheek, President and CEO,

Home Federal

FSB, Johnson City, Tennessee;
Beatrice

D'Agostino, President and CEO, New

Savings Bank, Somerville, New Jersey;
(Over)

Jersey

Thomas J. Hughes, President, N a v y Federal Credit
Union, Merrifield, Virginia;
Thomas R. Ricketts, Chairman, President and CEO,
Standard Federal Bank, Troy, Michigan.
The other members of the Council are:
Daniel C. Arnold, Chairman and President, Farm &
Home Financial Corporation, Houston Texas;
"

James L. Bryan, President and CEO, TEXINS Credit

Union, Richardson, Texas;
Richard A. Larson, Chairman and CEO, West Bend
Savings Bank, West Bend, Wisconsin;
Preston Martin, Chairman and CEO, WestFed
Holdings, Inc., San Francisco, California;
Richard D. Parsons, President and CEO, The Dime
Savings Bank of New York, FSB, New York City;
Edmond M. Shanahan, President and CEO, Bell
Federal S&L Association, Chicago, Illinois;
Woodbury C. Titcomb, President and CEO, Peoples
B a n corp of Worcester, Inc. and Peoples Savings Bank,
Worcester, Massachusetts.
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