FDIC Director Joseph H. Neely today announced the selection
of A. David Meadows as Deputy to the Director and Claude A.
Rollin as Special Assistant to the Director. The appointments of
the two FDIC veterans are effective immediately.
"I am very lucky to have such a great combination of talent
and experience on my team," said Mr. Neely. "Dave and Claude
have outstanding records with the FDIC and both are highly
respected throughout the Corporation. With their assistance and
counsel, I am confident that we can accomplish our objectives
with energy and commitment."
In their new posts, Messrs. Meadows and Rollin will provide
advice and assistance to the Director on matters coming before
the FDIC and its Board of Directors. Mr. Neely was sworn in as a
member of the FDIC Board on January 29, 1996.
Mr. Meadows joined the FDIC in 1961 as an assistant examiner
in the Richmond Region. After serving in the U.S. Army for two
years, he returned to the Richmond staff until 1969, when he
became Vice President and Director of the Second National Bank of
In 1972, he returned to the FDIC's Division of Supervision,
serving in a number of positions at headquarters and in the
field, including Regional Director of the Atlanta and Memphis
regions. He was named Deputy to FDIC Vice Chairman Hove in 1990.
From 1992 until his appointment as Deputy to the Director, he
served as Associate Director of the Division of Supervision, with
responsibility for supervision, enforcement, and application
activities for bank and thrift institutions.
Mr. Meadows is a graduate of Virginia Polytechnic Institute
and State University in Blacksburg, Virginia, and the School of
Banking of the South at Louisiana State University, Baton Rouge,
Louisiana. He lives in Fairfax, Virginia, with his wife, Anne;
they have two grown sons, Charles and John.
Claude A. Rollin joined the FDIC in 1986 as an Honors
Attorney in the Corporation's Honors Program in Banking Law.
Until now, he served as a Senior Counsel in the Legal Division's
Regulation and Legislation Section, where he has been the FDIC's
primary legal counsel on BIF/SAIF assessment issues and deposit
insurance coverage determinations.
A graduate of Rutgers University School of Law, Camden, New
Jersey, Mr. Rollin received his Bachelor of Arts degree from
Syracuse University, Syracuse, New York, where he was a member of
Phi Beta Kappa. Mr. Rollin lives in Derwood, Maryland, with his
wife, Kathy, and their two children, Jennifer and Joshua.
Congress created the Federal Deposit Insurance Corporation in
1933 to maintain public confidence in the nation's banking
system. The FDIC insures deposits at the nation's 12,000 banks
and savings associations and it promotes the safety and soundness
of these institutions by identifying, monitoring and addressing
risks to which they are exposed.