Federal Financial Institutions Examination Council
|For Immediate Release||February 3, 2004|
The Federal Financial Institutions Examination Council announced today a new appointment to its State Liaison Committee.
The Conference of State Bank Supervisors appoints Ms. Helen Howell, Director, Washington Department of Financial Institutions, to replace Mr. Thomas Curry, former Massachusetts Commissioner of Banks. Mr. Curry resigned as Commissioner as of December 31, 2003 to serve as a member of the FDIC board. The two-year term of Ms. Howell began on January 15, 2003 and will continue until January 15, 2005.
Ms. Howell was appointed by Governor Gary Locke as director of the Washington State Department of Financial Institutions and a member of his executive cabinet, effective September 4. The department regulates Washington financial service providers including banks, credit unions, mortgage brokers, consumer loan companies, and securities issuers and salespeople. Ms. Howell has served as Locke's deputy chief of staff since December 1999, and previously was director of intergovernmental affairs from February through December 1999.
The FFIEC was established in March 1979 to prescribe uniform principles, standards, and report forms and to promote uniformity in the supervision of financial institutions. The Council has five member agencies: the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Office of Thrift Supervision. The Council's activities are supported by interagency task forces and by an advisory State Liaison Committee, comprised of five representatives of state agencies that supervise financial institutions.