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NR 2013-80
Contact: Bill Grassano
(202) 649-6870

OCC Hosts Mutual Savings Association Advisory Committee Meeting

WASHINGTON— The Office of the Comptroller of the Currency (OCC) today announced it will host the second public meeting of the Mutual Savings Association Advisory Committee (MSAAC) on Monday, June 17, 2013 in Washington, DC. The meeting will be held at 1 p.m. Eastern Standard Time (EST) at OCC’s headquarters at 400 7th St. SW, Washington, DC 20219.  

The MSAAC provides advice to the Comptroller of the Currency about mutual savings associations and assesses the current condition, regulatory changes that may ensure their health and viability, and other issues affecting these institutions.

The committee includes officers and directors of mutual savings institutions of all types, sizes, operating strategies, and geographic areas, as well as two representatives from Federal savings associations in a mutual holding company structure.  Members include:

  • Martin Connors, President and Chief Executive Officer (CEO) of Rollstone Bank & Trust, Fitchburg, Massachusetts;
  • David Ferries, a director, President and CEO of First Federal Savings Bank, Sheridan, Wyoming;
  • C. Alan Horner, President, CEO, and Chairman of the Board of First Federal Savings of Twin Falls, Twin Falls, Idaho;
  • Thomas Kemly, President and CEO of Columbia Bank, Fair Lawn, New Jersey;
  • Paul Mackin, President and CEO of Think Mutual Bank, Rochester, Minnesota;
  • Martin Neat, President and CEO of First Shore Federal Savings and Loan Association, Salisbury, Maryland;
  • Michael Nolan, Chairman and President of Fifth District Savings Bank, New Orleans, Louisiana;
  • Margaret Smith, a director, President, and CEO of First Federal Savings of Middletown, Middletown, New York;
  • Steve Swiontek, Chairman, President, and CEO of Gate City Bank, Fargo, North Dakota; and
  • Paul Thompson, President of First Federal Savings and Loan Association, Newark, Ohio.

The agenda for the second MSAAC will focus on current topics of interest to the mutual industry. Members of the public may submit written statements to the MSAAC no later than Friday, June 7, 2013, by:

  • E-mailing MSAAC@occ.treas.gov; or
  • Mailing statements in triplicate to: Donna Deale, Designated Federal Official, Office of the Comptroller of the Currency, 400 7th Street, SW, Washington, DC 20219.

The meeting is open to the public and will be held in a secured facility with limited space. Members of the public who plan to attend or require assistance must contact the OCC by e-mail at MSAAC@occ.treas.gov or by telephone at (202) 649-5420 by 5:00 p.m. (Eastern) on June 14, 2013, and provide their full name, e-mail address, and organization. Upon arrival on the day of the meeting, attendees will be required to present proof of identification (driver’s license or other government-issued photo identification).

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