Seven new members will be joining the Federal Deposit Insurance Corporation (FDIC) Advisory Committee on Community Banking, the FDIC announced recently. The committee was formed in 2009 and gives advice and recommendations to the FDIC on community bank policy and regulatory matters. Its members are selected from various community banks from around the country.
“We are fortunate to have such talented and dedicated community bank leaders join our Advisory Committee, which has been a valuable resource for the FDIC over the last few years,” FDIC Chairman Martin Gruenberg said. “The Advisory Committee has proven to be an important source of information and input for the FDIC on the many significant issues facing community banks.”
The members are Roger Bussee, president and CEO of Pacific Continental Bank in Eugene, Ore.; Christopher W. Emmons, president and CEO of Gorham Savings Bank in Gorham, Maine; Jack A. Hartings, president and CEO of The People’s Bank Co. in Coldwater, Ohio; Arvind A. Menon, president and CEO of Meadows Bank in Las Vegas; Mary Ann Scully, chairperson, president and CEO of Howard Bank in Ellicott, Md.; Gwen M. Thompson, president and CEO of Clover Community Bank in Clover, S.C.; and John Tolomer, president and CEO of The Westchester Bank in Yonkers, N.Y.
In their new roles, the members will discuss and give input to the FDIC on topics such as current examination policies and procedures, credit and lending practices, deposit insurance assessments, insurance coverage and regulatory compliance. Topics such as cyber security and mortgages also are frequently on meeting agendas.
“It’s an honor to be selected as a member of the FDIC Advisory Committee on Community Banking and I appreciate the confidence the FDIC placed in me by providing this unique opportunity to serve,” said one of the new members, Tolomer. “I look forward to a meaningful exchange of ideas with these exceptional industry leaders and hope that collectively, we have a positive and lasting impact on the future direction of community banking.”
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