BROOKFIELD, Wis. – North Shore Bank today announced that President Jay McKenna has been appointed to the Office of Comptroller of the Currency (OCC) Mutual Savings Association Advisory Committee.
McKenna joins only nine other finance leaders from across the nation as a member of this industry-crucial committee. The role of the Mutual Savings Association Advisory Committee is to assess conditions of mutual savings associations, consider regulatory changes, and recommend steps the OCC may take to ensure the health and vitality of the mutual savings association industry.
“I’m honored to serve alongside such capable members in this new appointment,” said Jay McKenna, president of North Shore Bank. “To be serving on this committee as the nation recovers from the pandemic will provide new important considerations, and I’m thrilled to get to work.”
McKenna has been an officer at North Shore Bank since 1999 and been president for the past eight years. He previously served on the board of the Wisconsin Bankers Association (WBA) and as chairman of WBA’s government relations committee. Additionally, he was previously president of the Milwaukee chapter of Financial Executives International and served on the American Bankers Association Accounting and Governmental Relations Administrative Committees. McKenna is currently the chairman of the Zoological Society of Milwaukee.
“Jay’s experience in the industry made him a stand-out candidate for the Mutual Savings Association Advisory Committee, and we are excited to have him represent the mutual charter and Wisconsin institutions on OCC’s committee,” said Wisconsin Bankers Association President Rose Oswald Poels.
The OCC charters, regulates and supervises national banks and federal savings associations. The agency ensures that national banks and federal savings associations operate in a safe and sound manner, provide fair access to financial services, treat customers fairly, and comply with applicable laws and regulations.
North Shore Bank, headquartered in Brookfield, is a mutual savings bank with assets of $2.5 billion and 46 offices throughout eastern Wisconsin and northern Illinois. Wisconsin locations are in metro Milwaukee, Germantown, Ozaukee County, Racine, Kenosha, Appleton, Menasha, Green Bay and surrounding areas, Burlington, Union Grove, Muskego, and Door County.
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