[Federal Register Volume 79, Number 105 (Monday, June 2, 2014)]
[Notices]
[Pages 31406-31407]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-12596]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

[Docket ID: OCC-2014-0013]


Mutual Savings Association Advisory Committee Minority Depository 
Institutions Advisory Committee

AGENCY: Office of the Comptroller of the Currency, Department of the 
Treasury.

ACTION: Request for nominations.

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SUMMARY: The Office of the Comptroller of the Currency (OCC) is seeking 
nominations of members for 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 is 
also seeking nominations of individuals who are officers and/or 
directors of OCC-regulated minority depository institutions, or 
officers and/or directors of other 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 July 15, 2014.

ADDRESSES: Nominations of MSAAC members should be sent to 
[email protected] or mailed to: Donna Deale, Deputy 
Comptroller for Thrift Supervision, 400 7th Street SW., Washington, DC 
20219. Nominations of MDIAC members should be sent to 
[email protected] or mailed to: Beverly Cole, Senior 
Advisor to the Senior Deputy Comptroller for Midsize and Community Bank 
Supervision, 400 7th Street SW., Washington, DC 20219.

FOR FURTHER INFORMATION CONTACT: Kristin Merritt, Special Counsel, 
Administrative & Internal Law, (202) 649-5585, Office of the 
Comptroller of the Currency, 400 7th Street SW., Washington, DC 20219.

SUPPLEMENTARY INFORMATION: The MSAAC and the MDIAC will be administered 
in accordance with the Federal Advisory Committee Act, 5 U.S.C. App. 1, 
section 9(c).
    The MSAAC will advise the OCC on ways to meet the goals established 
by section 5(a) of the Home Owners' Loan Act, 12 U.S.C. 1464. The 
Committee will advise the OCC with regard to mutual 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 will help meet those goals 
by providing OCC with informed advice and recommendations regarding the 
current and future circumstances and needs of mutual savings 
associations.
    The MDIAC will advise 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

[[Page 31407]]

involving mergers or acquisitions, provide technical assistance, and 
encourage the creation of new minority institutions. The MDIAC will 
help 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 re-nominated. 
The OCC will use this nomination process to achieve a balanced 
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.

    Dated: May 23, 2014.

    By the Office of the Comptroller of the Currency.
Thomas J. Curry,
Comptroller of the Currency.
[FR Doc. 2014-12596 Filed 5-30-14; 8:45 am]
BILLING CODE 4810-33-P