The leader of one of Connecticut’s federally chartered banks has been named to an advisory committee at the Office of the Comptroller of the Currency.
George Hermann, president and CEO of Windsor Federal, will join the OCC’s Mutual Savings Association Advisory Committee. The committee advises the OCC about mutual banks, assesses their current condition, and offers feedback on how regulatory changes affect the health and viability of mutual institutions, the bank said in a statement.
“It is an honor and a privilege to be selected to represent the interest of the mutual savings associations with the OCC,” Hermann said in the statement.
Hermann was one of five new members the OCC added to the 10-person committee this month. He was also recently appointed as chairman of the American Bankers Association’s Mutual Institutions Council Administrative Committee.
Windsor Federal is the only mutual institution headquartered in Hartford County. Hermann has led the bank, which has about $655 million in assets, since 2012.