Nomination of C.C. Hope, Jr., To Be a Member of the Board of Directors of the Federal Deposit Insurance Corporation

The President today announced his intention to nominate C.C. Hope, Jr., of North Carolina, to be a member of the Board of Directors of the Federal Deposit Insurance Corporation for a term expiring February 28, 1993. This is a reappointment.

Since 1986, Mr. Hope has served as a member of the Board of Directors of the Federal Deposit Insurance Corporation. He served as vice chairman of the First Union National Bank in Charlotte, NC.

Mr. Hope graduated from Wake Forest University (B.S., 1943). He served in the U.S. Navy from 1943 to 1945. He was born February 5, 1920, in Charlotte, NC. Mr. Hope is married, has three children, and resides in Alexandria, VA.