Mutual Savings Association Advisory Committee and Minority Depository Institutions Advisory Committee; Request for Nominations
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Abstract
The OCC is seeking nominations for members of the Mutual Savings Association Advisory Committee (MSAAC) and the Minority Depository Institutions Advisory Committee (MDIAC). The MSAAC and the MDIAC assist the OCC in assessing the needs and challenges facing mutual savings associations and minority depository institutions, respectively. The OCC is seeking nominations of individuals who are officers and/or directors of federal mutual savings associations, or officers and/or directors of federal stock savings associations that are part of a mutual holding company structure, to be considered for selection as MSAAC members. The OCC also is seeking nominations of individuals who are officers and/or directors of OCC-regulated minority depository institutions, or officers and/or directors of other OCC- regulated depository institutions with a commitment to supporting minority depository institutions, to be considered for selection as MDIAC members.
Full Text
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<title>Federal Register, Volume 87 Issue 137 (Tuesday, July 19, 2022)</title>
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[Federal Register Volume 87, Number 137 (Tuesday, July 19, 2022)]
[Notices]
[Pages 43110-43111]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-15296]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
[Docket ID: OCC-2022-0013]
Mutual Savings Association Advisory Committee and Minority
Depository Institutions Advisory Committee; Request for Nominations
AGENCY: Office of the Comptroller of the Currency, Department of the
Treasury (OCC).
ACTION: Request for nominations.
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SUMMARY: The OCC is seeking nominations for members of the Mutual
Savings Association Advisory Committee (MSAAC) and the Minority
Depository Institutions Advisory Committee (MDIAC). The MSAAC and the
MDIAC assist the OCC in assessing the needs and challenges facing
mutual savings associations and minority depository institutions,
respectively. The OCC is seeking nominations of individuals who are
officers and/or directors of federal mutual savings associations, or
officers and/or directors of federal stock savings associations that
are part of a mutual holding company structure, to be considered for
selection as MSAAC members. The OCC also is seeking nominations of
individuals who are officers and/or directors of OCC-regulated minority
depository institutions, or officers and/or directors of other OCC-
regulated depository institutions with a commitment to supporting
minority depository institutions, to be considered for selection as
MDIAC members.
DATES: Nominations must be received on or before September 6, 2022.
ADDRESSES: Nominations of MSAAC members should be sent to
<a href="/cdn-cgi/l/email-protection#573a243636347939383a3e3936233e3839241738343479232532362479303821"><span class="__cf_email__" data-cfemail="8ae7f9ebebe9a4e4e5e7e3e4ebfee3e5e4f9cae5e9e9a4fef8efebf9a4ede5fc">[email protected]</span></a> or mailed to: Michael R. Brickman,
Deputy Comptroller for Thrift Supervision, 400 7th Street SW,
Washington, DC 20219.
Nominations of MDIAC members should be sent to
<a href="/cdn-cgi/l/email-protection#2449404d45470a4a4b494d4a45504d4b4a57644b47470a50564145570a434b52"><span class="__cf_email__" data-cfemail="fc9198959d9fd292939195929d889593928fbc939f9fd2888e999d8fd29b938a">[email protected]</span></a> or mailed to: Beverly F. Cole, Acting
Senior Deputy Comptroller for Midsize and Community Bank Supervision,
400 Seventh Street SW, Washington DC, 20219.
FOR FURTHER INFORMATION CONTACT:
For inquires regarding the MSAAC, Michael R. Brickman, Deputy
Comptroller for Thrift Supervision: <a href="/cdn-cgi/l/email-protection#660b150707054808090b0f0807120f0908152609050548121403071548010910"><span class="__cf_email__" data-cfemail="0b66786a6a682565646662656a7f626465784b646868257f796e6a78256c647d">[email protected]</span></a> or
(202) 649-5420.
For inquires regarding the MDIAC, Beverly F. Cole, Acting Senior
Deputy Comptroller for Midsize and Community Bank Supervision:
<a href="/cdn-cgi/l/email-protection#e08d84898183ce8e8f8d898e8194898f8e93a08f8383ce9492858193ce878f96"><span class="__cf_email__" data-cfemail="dab7beb3bbb9f4b4b5b7b3b4bbaeb3b5b4a99ab5b9b9f4aea8bfbba9f4bdb5ac">[email protected]</span></a> or (202) 649-5420.
SUPPLEMENTARY INFORMATION: The MSAAC and the MDIAC are administered in
accordance with the Federal Advisory Committee Act, 5 U.S.C. App. 2.
The MSAAC advises the OCC on meeting the goals established by section
5(a) of the Home Owners' Loan Act, 12 U.S.C. 1464. The MSAAC advises
the OCC regarding mutual savings associations on means to: (1) provide
for the organization, incorporation, examination, operation and
regulation of associations to be known as federal savings associations
(including federal savings banks); and (2) issue charters therefore,
giving primary consideration of the best practices of thrift
institutions in the United States. The MSAAC helps meet those goals by
providing the OCC with informed advice and recommendations regarding
the current and future circumstances and needs of mutual savings
associations. The MDIAC advises the OCC on ways to meet the goals
established by section 308 of the Financial Institutions Reform,
Recovery, and Enforcement Act of 1989, Public Law 101-73, Title III,
103 Stat. 353, 12 U.S.C. 1463 note. The goals of section 308 are to
preserve the present number of minority institutions, preserve the
minority character of minority-owned institutions in cases involving
mergers or acquisitions, provide technical assistance, and encourage
the creation of new minority institutions. The
[[Page 43111]]
MDIAC helps the OCC meet those goals by providing informed advice and
recommendations regarding a range of issues involving minority
depository institutions. Nominations should describe and document the
proposed member's qualifications for MSAAC or MDIAC membership, as
appropriate. Existing MSAAC or MDIAC members may reapply themselves or
may be renominated. The OCC will use this nomination process to achieve
a balanced advisory committee membership and ensure that diverse views
are represented among the membership of officers and directors of
mutual and minority institutions. The MSAAC and MDIAC members will not
be compensated for their time but will be eligible for reimbursement of
travel expenses in accordance with applicable federal law and
regulations.
Michael J. Hsu,
Acting Comptroller of the Currency.
[FR Doc. 2022-15296 Filed 7-18-22; 8:45 am]
BILLING CODE P
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