Press Releases
Press Release
For Immediate Release June 30, 2004

The Federal Financial Institutions Examination Council (FFIEC) is pleased to announce its State Liaison Committee's selection of Richard C. Houseworth as their Chairman.

Mr. Houseworth is the Superintendent of Banks for the Department of Financial Institutions in the State of Arizona and a past Chairman of the Conference of State Bank Supervisors. Prior to that, he served as a Director of the Export-Import Bank and as the United States Alternate Executive Director of the Inter-American Development Bank. His one-year term as chairman of the State Liaison Committee began May 1, 2004 and will continue until April 30, 2005.

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.