Federal Financial Institutions Examination Council
|For Immediate Release||June 1, 1998|
The State Liaison Committee of the Federal Financial Institutions Examination Council has elected Thomas J. Curry as its Chairman. Mr. Curry is the Massachusetts Commissioner of Banks with supervisory responsibility over state-chartered trust companies, savings banks, cooperative banks, credit unions, and credit licensees. The Department regulates and licenses over 2,300 businesses and financial institutions with total assets in excess of $100 billion.
The Committee was established by the Council pursuant to Section 1007 of the Financial Institutions Regulatory and Interest Rate Control Act of 1978 to encourage the application of uniform examination principles and standards by state and federal agencies, and to allow state regulators to participate in the development of those principles and standards. In addition to Mr. Curry, the members of the Committee are: Gavin M. Gee, Idaho Director of Finance; Bill C. Houston, Tennessee Commissioner of Financial Institutions; G. Edward Leary, Utah Commissioner of Financial Institutions; and James L. Pledger, Texas Savings and Loan Commissioner.
Mr. Curry began his service with the Division of Banks as an Assistant General Counsel in 1986. Mr. Curry entered State government in 1982 as an attorney with the Massachusetts Secretary of State's Office. In 1996, Commissioner Curry was appointed to his initial two-year term as an at-large member of the State Liaison Committee, and was re-appointed to a second two-year term in 1998.