03/09/2024 | News release | Distributed by Public on 03/09/2024 19:49
Federal Home Loan Bank of Atlanta (Bank) is conducting an election to fill two member directorships, one independent directorship, and one public interest independent directorship on its board of directors. An email inviting members to cast their ballots was delivered on Thursday, August 15, 2024. Eligible institutions in North Carolina and Virginia will vote to fill the member directorship in their respective state, and eligible institutions across the Bank's footprint will vote to fill the independent directorship and the public interest independent directorship.
All elected directors will serve four-year terms that begin January 1, 2025.
The FHLBank Atlanta board of directors has nominated the following individual for the independent directorship:
Rodney E. Hood, Former Chair of the Board, National Credit Union Administration (NCUA), Washington, D.C.
The FHLBank Atlanta board of directors has nominated the following individual for the public interest independent directorship:
Susan F. Dewey, Former CEO, Virginia Housing, Midlothian, VA
Your institution's vote is important, and the Bank encourages you to participate in the election. An independent director nominee must receive at least 20 percent of the votes eligible to be cast to be elected.
The deadline for the Bank to receive completed ballots is 5:00 p.m. EDT, Tuesday, September 17, 2024.
If you have any questions about the 2024 director elections, please contact Courtney Tobin, Associate General Counsel, at 404.888.5343 or [email protected].