Asheville, North Carolina – HomeTrust Bank Chairman and CEO, F. Edward Broadwell, Jr., has been appointed to serve as President of the Thrift Institution Advisory Council (TIAC) of the Federal Reserve Board for 2010.
Mr. Broadwell is one of eleven banking executives selected nationally to serve on the TIAC, an advisory group established by the Federal Reserve Board in 1980. He has served on the Council since 2007. The TIAC meets three times each year with the Board of Governors to discuss developments relating to thrift institutions, the housing industry, mortgage finance and regulatory issues.
“I am honored to have been selected for this leadership role within the Federal Reserve System.” commented Ed Broadwell. “This is a unique time in our nation’s history to have the opportunity to serve our citizens, communities and our financial system. It is very gratifying to be able to give back to our citizens that give their trust to their community bankers each day.”
In addition to presently serving on the Thrift Institution Advisory Council, Mr. Broadwell has served on the Board of Directors of: The American Bankers Association, Federal Home Loan Bank of Atlanta, America’s Community Bankers and the North Carolina Bankers Association, where he also served as Chairman of the Board.
About HomeTrust Bank:
HomeTrust Bank is a mutually owned bank with an 83-year history of serving families and businesses in Western North Carolina. HomeTrust Bank offers a variety of home loans, consumer loans, checking accounts, Online Banking, and a broad range of investment options to help families build a secure financial future. The Bank also offers a full array of financial products designed especially for businesses.
HomeTrust Bank, Tryon Federal Bank, Shelby Savings Bank, Home Savings Bank, Rutherford County Bank and Industrial Federal Bank comprise the HomeTrust Banking Partnership. By combining their resources in Partnership, member institutions have expanded their ability to preserve hometown banking traditions with improved products and services, more convenient locations, and greater support for their local communities.
Together, the HomeTrust Banking Partnership has assets of over $1.6 billion and is the largest mutual bank headquartered in North Carolina and the 2nd largest in the Southeast.
HomeTrust Bank has offices in Buncombe, Henderson, and Haywood Counties. Tryon Federal Bank, Shelby Savings Bank, Home Savings Bank, Rutherford County Bank and Industrial Federal Bank have offices in Polk, Cleveland, Rockingham, Rutherford County and Davidson County, respectively.
