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2017 Director Elections

2017 Director Election

The Federal Home Loan Bank of Atlanta (Bank) is conducting an election to fill two member directorships and one public interest independent directorship on its board of directors. Each institution that was a member of the Bank as of December 31, 2016, or that is the acquirer of, or successor in interest to, such an institution is eligible to participate in the election. Eligible institutions in Alabama will elect one member director, and eligible institutions in the District of Columbia will elect one member director. Eligible institutions from across the Bank's district will elect the public interest independent director.

Nominations for the member directorships are due by 5:00 p.m. on July 6, 2017. Individuals interested in being considered for an independent directorship must complete and return the application and related forms, available below, to the Bank by 5:00 p.m. on July 6, 2017. Pursuant to the Bank’s board-approved Equal Opportunity Policy Statement, which is available on the Bank’s website, the Bank encourages the consideration of diversity in nominating or soliciting nominees for positions on the Bank’s board of directors.

Member Director Election

Important information related to the nomination of member directors has been sent to eligible institutions in Alabama and the District of Columbia. Nominations for the member directorship are due by 5:00 p.m. on July 6, 2017.
The term of each member directorship being filled in this election begins on January 1, 2018, and ends on December 31, 2021.

Member Director Eligibility

  • To be eligible for the Alabama member directorship, an individual must be a citizen of the United States and serve as an officer or director of a current Bank member institution that (a) is located in Alabama, (b) meets all minimum capital requirements established by its appropriate federal banking agency or appropriate state regulator, and (c) was a member of the Bank as of December 31, 2016.
  • To be eligible for the District of Columbia member directorship, an individual must be a citizen of the United States and serve as an officer or director of a current Bank member institution that (a) is located in the District of Columbia, (b) meets all minimum capital requirements established by its appropriate federal banking agency or appropriate state regulator, and (c) was a member of the Bank as of December 31, 2016.
  • Any individual who has been elected to three consecutive full terms on the Bank's board may not serve a fourth term until two years after the expiration of the third consecutive term.

Independent Director Election

The term of the public interest independent directorship being filled in this election begins on January 1, 2018, and ends on December 31, 2021.

Public Interest Independent Director Eligibility

  • An independent director must be a citizen of the United States and a bona fide resident of the Bank's district.
  • To serve as a public interest independent director, an individual must have more than four years of experience in representing consumer or community interests in banking services, credit needs, housing, or consumer financial protection.
  • An individual may not serve as an independent director if he or she is an officer of any Federal Home Loan Bank, or a director, officer, or employee of any member of the Bank, or of any recipient of advances from the Bank.
  • Any individual who has been elected to three consecutive full terms on the Bank's board may not serve a fourth term until two years after the expiration of the third consecutive term.

Public Interest Independent Director Election Application and Nomination Process

  • Individuals interested in being considered for the public interest independent directorship must complete and return to the Bank by 5:00 p.m. on July 6, 2017, the application and related forms that are available at the link below. The Bank will not accept any applications received after 5:00 p.m. on July 6, 2017.
  • Deliver completed forms to Dean Arvidson, Legal Department, Federal Home Loan Bank of Atlanta, 1475 Peachtree Street NE, Atlanta, GA 30309.
  • The Bank's board, in consultation with the Bank's Affordable Housing Advisory Council, will select at least one public interest independent director nominee and deliver the application of each such nominee to the Federal Housing Finance Agency for review.

Independent Directorship Application Requirements

Applicants for the public interest independent directorship with the Bank must complete the following forms:


Preliminary 2018 Board Meeting Schedule

Directors are strongly encouraged to attend all meetings of the board and board committees on which the director serves. The preliminary 2018 board meeting schedule is provided below. Individuals interested in being considered for the public interest independent directorship are encouraged to review the 2018 board meeting schedule, noting the time commitment involved with this position, and to proactively examine any potential conflicts with accepting a position for Federal Home Loan Bank board service prior to applying.

Click here for the preliminary 2018 board meeting schedule

If you have questions, please contact Dean Arvidson at 404.888.5384 or Darvidson@fhlbatl.com.

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