[Federal Register Volume 89, Number 134 (Friday, July 12, 2024)]
[Notices]
[Page 57180]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[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 
[email protected] 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 
[email protected] 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: [email protected] or 
(202) 649-5420.
    For inquires regarding the MDIAC, Andr[eacute] King, Assistant 
Deputy Comptroller: [email protected] 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