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 20, 2004 #04-58
E-mail: [email protected]

ACB ELECTS BANKERS TO LEAD TRADE GROUP IN 2005

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WASHINGTON, D.C. — America’s Community Bankers elected a slate of community bankers today to be officers of the national trade group in 2005. The elections and installation took place at ACB’s annual convention here.

Harry P. Doherty, a New York state community banker, is the new chairman of ACB. He is vice chairman of Independence Community Bank Corp., Brooklyn, N.Y., a $17.5 billion stock-owned institution. Doherty previously served as ACB’s first vice chairman.

Doherty succeeds William W. Zuppe, who is chairman and CEO of Sterling Savings Bank, Spokane, Wash., a $6.0 billion stock institution. Zuppe becomes immediate past chairman.

F. Weller Meyer, a Virginia community banker, who had been second vice chairman, becomes first vice chairman. Mark Macomber, a Connecticut community banker, joins the leadership team as second vice chairman.

Doherty began his career in banking in 1967 when he joined Staten Island Savings Bank to be close to where he was working on his college degree. During his nearly 40 years at SI Bank & Trust, the institution’s asset size grew from $137 million to $7.5 billion at the time of its merger with Independence Community Bank Corp. in 2004.

Doherty has been a member of ACB’s board of directors since 1997. Doherty chaired ACB’s Finance and Investment Committee and the Personnel and Compensation Committee. He continues to serve on the Executive Committee and as an ex officio member of the board of ACB Business Partners, Inc.

Doherty previously chaired ACB’s Audit and Strategic Planning Committees and served on the following committees: Electronic Banking and Payment Systems, Federal Home Loan Bank System, Government Affairs Steering, Professional Development and Education, and the Privacy Issues Subcommittee.

Active in industry and community affairs, Doherty is a director 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. He is a director of the SBLI USA Mutual Life Insurance Co., and was chairman and a director of the Institutional Investors Mutual Fund Capital Appreciation Fund and a director of the MSB Fund.

Doherty is a member of the Audit/Compliance Committee of St. Vincent’s Catholic Medical Centers of New York. He serves on the board of the College of Staten Island 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 $935 million stock institution in Falls Church, Va.

He has been a member of ACB’s board of directors since 1998. He is a past chairman of COMPAC, ACB’s political action committee, and of ACB Business Partners, Inc. He continues to serve on the ACB’s Executive Committee and as an ex officio member of the board of ACB Business Partners, Inc.

Meyer chaired the ACB Audit Committee and has been active on the following committees: Federal Home Loan Bank System, Finance and Investment, Government Affairs Steering, GSE Policy, Mortgage Markets and Lending Technology, Personnel and Compensation, Professional Development and Education, and Strategic Planning.

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.

Macomber is president and CEO, Litchfield Bancorp, Litchfield, Conn, a $161 million mutual organization. He also serves as president and CEO, Connecticut Mutual Holding Co., a multi-bank mutual holding company.

Prior to joining Litchfield Bancorp, Macomber was state lending director of The Private Bank at Rhode Island Hospital Trust National Bank, an affiliate of Bank of Boston Corp., with $3.4 billion in assets at the time.

Macomber has been a member of ACB’s board of directors since 2001. In addition to becoming second vice chairman, he was elected an ex-officio member of the board of ACB Business Partners, Inc. He continues as a member of the Executive Committee, on which he served as chairman of ACB’s Mutual Institutions Committee. He also served on the following committees: Government Affairs Steering, Membership, Personnel and Compensation, Professional Development and Education, and Strategic Planning.

Macomber is a past chairman of the Connecticut Bankers Association and currently serves on its Executive Committee and co-chairs its Legislative Committee. He is past president of the Connecticut Community Bankers Association.

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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