Federal Home Loan Bank of Atlanta Seeks New Board Member

Federal Home Loan Bank of Atlanta (FHL Bank Atlanta) has announced a vacancy on its board with respect to the Florida member directorship, which was previously held by Garrett S. Richter. Mr. Richter’s institution, First Florida Integrity Bank, has been acquired by an institution whose principal place of business is not in Florida. As a result, under applicable law, Mr. Richter is no longer eligible to serve on the FHL Bank Atlanta’s board. In accordance with the Federal Home Loan Bank Act, the board of directors will elect an individual to fill this vacancy.

With regard to the vacancy, FHL Bank Atlanta will be sending Florida member institutions information about submitting the name of any eligible individual who may be interested in filling the vacant member directorship for the remainder of the term through December 31, 2022. To be eligible, an individual must be a citizen of the United States and currently serving as an officer or director of a Florida member institution that meets all of its minimum capital requirements. Pursuant to the FHL Bank Atlanta’s board-approved Equal Opportunity Policy Statement, which is available on the FHL Bank Atlanta website, the FHL Bank Atlanta encourages the consideration of diversity in nominating or soliciting nominees for positions on the FHL Bank Atlanta’s board of directors.

Your institution’s participation in this process is important and FHL Bank Atlanta encourages you to participate by submitting names of potential candidates through the candidate submission form.

The deadline for the FHL Bank Atlanta to receive candidate submission forms is 5:00 p.m. EDT, Tuesday, January 18, 2022.

If you have any questions about the vacancy or how to submit the name of a potential candidate for consideration, please contact Tina Carew, Deputy General Counsel, at 404-888-8549 or tcarew@fhlbatl.com.

Written by
Lizeth George
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