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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release July 22, 1998

                 PRESIDENT CLINTON NAMES HARRY J. BOWIE 
                 AS A MEMBER OF THE BOARD OF DIRECTORS 
                OF THE NATIONAL CONSUMER COOPERATIVE BANK

The President today announced his intent to nominate Harry J. Bowie as a Member of the Board of Directors of the National Consumer Cooperative Bank.

Mr. Harry J. Bowie, of McComb, Mississippi, is currently President/CEO of Delta Foundation, Inc., where he has been since 1986. Prior to that, Mr. Bowie worked at the Mississippi Institute for Technical and Economic Resources, Inc. from 1977 to 1986. He received his B.A., Cum Laude, from Hobart College and his Masters of Divinity from the General Theological Seminary, New York, New York.

The National Consumer Cooperative Bank provides financing to the nation's cooperative business sector, spurring economic growth and community development in urban and rural America. Primary lines of business include commercial lending, mortgage banking, capital markets and advisory services, lease financing and depository services. A specialist in employee-owned businesses, the Bank and its affiliated Development Corporation also provide development finance services to young and start-up cooperatives businesses.

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