ACB: Press Releases

Contact:	Robert Schmermund (202) 857-3104 Jim Eberle (202) 857-3145	Jim Eberle (202) 857-3145 (work) (703) 893-2593 (home) [email protected]	For Immediate Release October 22, 2003 #03-49
E-mail: [email protected]

AMERICA’S COMMUNITY BANKERS ELECTS BANKERS TO LEAD TRADE GROUP IN 2004

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LAS VEGAS — America’s Community Bankers elected a slate of community bankers today to be officers of the national trade group in 2004. The elections and installation took place at ACB’s annual convention here.

William W. Zuppe, a Washington state community banker, is the new chairman of ACB. He is chairman and CEO of Sterling Savings Bank, Spokane, Wash., a $4.0 billion stock institution. Zuppe previously served as ACB’s first vice chairman.

Zuppe succeeds D. Russell Taylor, who is president and CEO of Rahway Savings Institution, Rahway, N.J., a $432 million mutual savings association. Taylor becomes immediate past chairman.

Harry P. Doherty, a New York state community banker, who had been second vice chairman, becomes first vice chairman. F. Weller Meyer, a Virginia community banker, joins the leadership team as second vice chairman.

Zuppe was a co-founder of Sterling Savings in 1981. Prior to that, he was vice president of Old National Bancorporation, Spokane.

Zuppe has been a member of ACB’s board of directors since 1996. He is also a member of ACB’s executive committee; the board of ACB Business Partners, Inc., ACB’s for-profit subsidiary; and the board of governors of COMPAC, ACB’s political action committee.

Zuppe chairs the ACB committees on Finance and Investment, and Personnel and Compensation. He is also a member of several committees: Strategic Planning, Federal Home Loan Bank System, Government Affairs Steering, Professional Development and Education, GSE Policy, and the Privacy Issues Subcommittee.

Active in industry and community affairs, Zuppe served on the Federal Reserve Board’s Thrift Institutions Advisory Council, and was chairman and a board member of the Washington Financial League. He is a past campaign chairman of the United Way and a trustee of the Washington State University Foundation.

Doherty is chairman and CEO of both SI Bank & Trust, a $6.9 billion stock institution, and Staten Island Bancorp Inc., Staten Island, N.Y. He joined the bank in 1966.

Doherty has been a member of ACB’s board of directors since 1997. He is a member of the executive committee and an ex officio member of the board of ACB Business Partners, Inc. He chairs ACB’s Audit and Strategic Planning Committees.

Doherty also serves on the following ACB committees: Finance and Investment, Electronic Banking and Payment Systems, Federal Home Loan Bank System, Government Affairs Steering, Personnel and Compensation, and the Privacy Issues Subcommittee.

He is a member of the board of the Federal Home Loan Bank of New York and a former chairman and current board member of the Community Bankers Association of New York State.

Doherty is president of Institutional Investors Mutual Funds, Inc., and a board member of MSB Fund and the Savings Bank Life Insurance Co.

He is chairman of the SI Bank & Trust Foundation and a member of the Audit/Compliance Committee of St. Vincent’s Catholic Medical Centers of New York. He serves on the board of the CSI board of Advisers/Office of Continuing Education and Business Development and is a former treasurer and current board member of the CSI Foundation.

Meyer is president and CEO, Acacia Federal Savings Bank, a $750 million stock institution in Falls Church, Va.

He has been a member of ACB’s board of directors since 1998, serves as chairman of ACB’s COMPAC board of governors, and is a past chairman and current member of the board of ACB Business Partners, Inc.

Meyer has been active in these ACB committees: Federal Home Loan Bank System, Government Affairs Steering, GSE Policy, Mortgage Markets, and Lending Technology.

Meyer has served as president of the Federal Reserve Board’s Thrift Institutions Advisory Council, as a member of Fannie Mae’s National Advisory Council, as a director of the Southeastern Conference of Community Bankers, and as a director of the Virginia Bankers Association and the Virginia League of Savings Institutions.

America’s Community Bankers is the national trade association committed to shaping the future of banking by being the innovative industry leader strengthening the competitive position of community banks. To learn more about ACB, visit www.AmericasCommunityBankers.com.

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