Six new members named to mutual savings advisory committee by OCC

Panel holds its next public meeting April 4

Six new members of the mutual savings association advisory committee of the regulator of national banks were announced by the agency Friday.

The Office of the Comptroller of the Currency (OCC) said the six new members of the Mutual Savings Association Advisory Committee (MSAAC) are:

  • Peter Abt, President and Chief Lending Officer, First Federal Bank of Middletown, Middletown, N.Y.;
  • Paul Gilbody, President and Chief Executive Officer, Milford Federal Bank, Milford, Mass.;
  • Thomas Newbern, Chairman, President, and Chief Executive Officer, First Federal S&L Valdosta, Valdosta, Ga.;
  • Stephen Sloup, President and Chief Executive Officer, Ozarks Federal, Farmington, Mo.;
  • Brian Smith, President and Chief Executive Officer, New Carlisle Federal, Springfield, Ohio; and
  • Samuel Wilkinson, President and Chief Executive Officer, First Federal of Lake Charles, Lake Charles, La.

Among other things, the committee assesses the condition of mutual savings associations, considers regulatory changes, and recommends steps the OCC may take to ensure the health and vitality of the mutual savings association industry.

The MSAAC’s next public meeting is slated for April 4. Set to begin at 8:15 a.m. Eastern, the meeting will include discussion of current topics of interest to the industry, the OCC said. Members of the public also may submit written statements to the MSAAC by sending an e-mail to MSAAC@occ.treas.gov; statements are due no later than 5 p.m. on March 30.

OCC Appoints Six New Members to Mutual Savings Association Advisory Committee

OCC Hosts Mutual Savings Association Advisory Committee Meeting April 4