Christman of Principal Bank Named Vice President of Federal Reserve Advisory Council
January 12 , 2010 (Des Moines, IA) - Barrie G. Christman, chair of Principal Bank®, has been named vice president of the Federal Reserve Board's Thrift Institutions Advisory Council (TIAC) for 2010.
TIAC is an advisory group established by the board in 1980 to discuss developments relating to thrift institutions, the housing industry, mortgage finance and regulatory issues. The 12-member council includes representatives from savings and loan associations, savings banks and credit unions and meets three times a year with the Board of Governors of the Federal Reserve System.
"The Federal Reserve is interested in understanding how its policies and programs have been impacting Main Street during this economic crisis," said Christman. "In some respects, we are the eyes and ears in our communities, helping them fine tune their actions for optimal impact."
Christman was first appointed to the council on Jan. 1, 2009, for a two-year term.
Christman joined the Principal Financial Group® in 2001 as president and CEO of Principal Bank. Previously Christman was executive vice president of Huntington National Bank in Columbus, Ohio. She has worked in the banking industry for more than 35 years.
About Principal Bank
Principal Bank®, a member of the Principal Financial Group®, is an FDIC insured federal savings bank. Principal Bank provides flexible banking products and services via other Principal Financial Group affiliates, the Internet or telephone. Products and services include a suite of consumer checking and savings accounts, money market accounts, certificates of deposit, consumer and home equity loans, home equity lines of credit, credit and debit cards, small account rollovers from qualified retirement plans and health savings accounts and deposit and loan services to small- and medium-sized businesses. For more information, visit www.principalbank.com.
About the Principal Financial Group
The Principal Financial Group® (The Principal®) is a leader in offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement and investment services, life and health insurance, and banking through its diverse family of financial services companies. A member of the Fortune 500, the Principal Financial Group has $280.4 billion in assets under management and serves some 18.6 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com.