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OCC Mutual Savings Association Advisory Committee Charter Renewed
On Thursday, November 8, 2018, the OCC renewed the charter of its Mutual Savings Association Advisory Committee. The MSAAC provides advice to the Comptroller of the Currency about mutual savings associations and assesses their current condition, regulatory changes that may promote their health and viability, and other issues affecting these institutions. The committee includes officers and directors of federal mutual savings associations of all types, sizes, operating strategies, and geographic areas, as well as from federal savings associations in a mutual holding company structure.
“The Mutual Savings Association Advisory Committee is a valuable forum to discuss a broad range of issues and concerns unique to the mutual thrift industry,” said Comptroller of the Currency Joseph M. Otting. “We’re pleased to renew this committee’s charter and support a diverse federal banking system.”