North Shore Bank President & CEO McKenna Named to New Office of Thrift Supervision Advisory Panel

Role on influential committee to give local leader input on national reorganization of banking regulations

McKenna is only Wisconsin banker on 12-member panel

BROOKFIELD – North Shore Bank (www.northshorebank.com) today announced that President and CEO James F. McKenna has been selected to serve a two-year term on the Office of Thrift Supervision’s Mutual Savings Association Advisory Committee, a newly created panel that advises OTS on how best to support the country’s mutual institutions. In this leadership role, McKenna will help guide and provide input on the national reorganization of U.S. bank regulations.

OTS is an agency of the U.S. Department of the Treasury and the primary regulator of federal savings banks in the United States. McKenna is the only Wisconsin banker on the 12-member committee, which will have its first meeting June 9 in Washington, D.C. The group will meet three times a year to consider potential regulatory changes and other steps by OTS and their impact on the health and viability of U.S. mutual savings banks.

“The invitation to serve on this influential committee is a testament to the strength of North Shore Bank and its reputation and continued growth even in these challenging economic times,” McKenna said. “I talk and work with people involved in the banking industry every day – not just bankers, but regulators, educators, consumers and others, particularly in the Midwest, who have important stakes in this industry and its future. I am honored to take what I’ve learned from all of these people and help Wisconsin’s economic voice be heard in Washington, particularly at this important and dynamic time in the nation’s banking industry.”

McKenna, who has been president of North Shore Bank since 1975, is vice chairman of the Federal Home Loan Bank of Chicago and a member of the Board of Directors of the American Bankers Association. He is past Chairman of the Wisconsin League of Financial Institutions and a past member of the Federal Reserve Board’s prestigious Thrift Institutions Advisory Council.

North Shore Bank, headquartered in Brookfield, is one of the strongest banks in the country. It has assets of nearly $1.9 billion and 43 offices throughout eastern Wisconsin and northeastern Illinois. Current Wisconsin branch locations are in metro Milwaukee, Racine, Kenosha, Appleton, Menasha, the Green Bay area, Burlington, Union Grove and Door County. North Shore Bank also has two Illinois State Bank offices in McHenry County, Ill. The bank opened its 43rd office in Grafton, Wis., in October and is building its 44th office in Mequon, Wis. Locations and ATM's.

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