ACTION NEEDED: Vote for Your FHLBank of Atlanta 2021 Election of Directors

Federal Home Loan Bank of Atlanta (FHLBank of Atlanta) is conducting an election to fill two member directorships and one public interest independent directorship on its board of directors. Eligible institutions in Alabama and the District of Columbia will vote to fill the member directorship in their respective state, and eligible institutions across the FHLBank of Atlanta’s footprint, including Alabama, will vote to fill the public interest independent directorship.

All elected directors will serve four-year terms that begin on January 1, 2022.

The nominees for the Alabama member directorship are:

• David Nast, President, Chief Executive Officer, and Director, Progress Bank, Huntsville, Alabama
• Jimmy Stubbs, Chief Executive Officer and Director, River Bank & Trust, Prattville, Alabama

The FHLBank Atlanta board of directors has nominated the following individual for the public interest independent directorship:

• Brian McLaughlin, President, Enterprise Community Development, Inc., Baltimore, Maryland

Your institution’s vote is important and the FHLBank of Atlanta 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 FHLBank of Atlanta to receive completed ballots is 5:00 p.m. EDT, Wednesday, September 22, 2020.

If you have any questions about the 2021 director elections, please contact Tina Carew, Deputy General Counsel, at (404) 888-8549 or tcarew@fhlbatl.com.

Written by
Lizeth George
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The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

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