WASHINGTON – The Federal Reserve Board named four new Thrift Institutions Advisory Council members, as well as the council's new president and vice president for 2004. First Federal Bank (Defiance, Ohio) Chairman and CEO William J. Small was announced as the new TIAC president and D. Tad Lowrey, chairman, president, and CEO of Jackson Federal Bank in Brea, Calif. was named vice president. TIAC's four new members include Heritage Bank (St. George, Utah) Chairman and CEO H. Brent Beesley; NetBank (Alpharetta, Ga.) Chairman and CEO Douglas K. Freeman; North American Savings Bank CEO David H. Hancock of Grandview Missouri; and Washington Federal Savings (Seattle) President and CEO Roy M. Whitehead. The council was established in 1980 and is comprised of 12 representatives from savings and loans, savings banks, and credit unions. Currently, Olan O. Jones, Jr., president and CEO of Eastman Credit Union in Kingsport, Tenn., and Kirk Kordeleski, president and CEO of Bethpage Federal Credit Union in Bethpage, N.Y., are each serving terms through 2004. TIAC meets with the Board of Governors three times a year to discuss trends among thrift institutions, the housing industry, mortgage finance, and certain regulatory issues.