Notice2024-15319
Mutual Savings Association Advisory Committee and Minority Depository Institutions Advisory Committee; Request for Nominations
Primary source
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Published
July 12, 2024
Issuing agencies
Treasury DepartmentComptroller of the Currency
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 89 Issue 134 (Friday, July 12, 2024)</title>
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[Federal Register Volume 89, Number 134 (Friday, July 12, 2024)]
[Notices]
[Page 57180]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-15319]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
[Docket ID: OCC-2024-0009]
Mutual Savings Association Advisory Committee and Minority
Depository Institutions Advisory Committee; Request for Nominations
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
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 August 26, 2024.
ADDRESSES: Nominations of MSAAC members should be sent to
<a href="/cdn-cgi/l/email-protection#fa97899b9b99d494959793949b8e93959489ba959999d48e889f9b89d49d958c"><span class="__cf_email__" data-cfemail="3e534d5f5f5d1050515357505f4a5751504d7e515d5d104a4c5b5f4d10595148">[email protected]</span></a> or mailed to: Michael R. Brickman,
Deputy Comptroller for Specialty Supervision, 400 7th Street SW,
Washington, DC 20219. Nominations of MDIAC members should be sent to
<a href="/cdn-cgi/l/email-protection#e489808d8587ca8a8b898d8a85908d8b8a97a48b8787ca9096818597ca838b92"><span class="__cf_email__" data-cfemail="cca1a8a5adafe2a2a3a1a5a2adb8a5a3a2bf8ca3afafe2b8bea9adbfe2aba3ba">[email protected]</span></a> or mailed to: Andr[eacute] King,
Assistant Deputy Comptroller, 2001 Butterfield Road, Suite 400, Downers
Grove, IL 60515.
FOR FURTHER INFORMATION CONTACT:
For inquires regarding the MSAAC, Michael R. Brickman, Deputy
Comptroller for Thrift Supervision: <a href="/cdn-cgi/l/email-protection#c4a9b7a5a5a7eaaaaba9adaaa5b0adabaab784aba7a7eab0b6a1a5b7eaa3abb2"><span class="__cf_email__" data-cfemail="29445a48484a074746444047485d4046475a69464a4a075d5b4c485a074e465f">[email protected]</span></a> or
(202) 649-5420.
For inquires regarding the MDIAC, Andr[eacute] King, Assistant
Deputy Comptroller: <a href="/cdn-cgi/l/email-protection#92fff6fbf3f1bcfcfdfffbfcf3e6fbfdfce1d2fdf1f1bce6e0f7f3e1bcf5fde4"><span class="__cf_email__" data-cfemail="9ff2fbf6fefcb1f1f0f2f6f1feebf6f0f1ecdff0fcfcb1ebedfafeecb1f8f0e9">[email protected]</span></a> or (202) 731-7476.
SUPPLEMENTARY INFORMATION: The MSAAC and the MDIAC are administered in
accordance with the Federal Advisory Committee Act, 5 U.S.C. 1001 et
seq. 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. Among 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 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. 2024-15319 Filed 7-11-24; 8:45 am]
BILLING CODE 4810-33-P
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