Federal Home Loan Banks in Chicago, Des Moines and Indianapolis recently announced the results of their 2023 director elections. The directors will all serve four-year terms starting on Jan. 1.
FHLBank Des Moines elected three member directors, including Iowa Superintendent of Banking Jeff Plagge, a director at Spencer, Iowa-based Northwest Bank; Robert Vogel, board chair at Minnesota’s New Market Bank; and Joe Kesler, a director at Missoula-based First Montana Bank.
FHLBank Des Moines also appointed three independent directors, including Cleon Butterfield, senior vice president and CFO at West Valley City-based Utah Housing Corp.; Lisa Stange, a strategic advisor with Boise, Idaho-based Clearwater Analytics; Retired First Interstate BancSystems CEO Ed Garding of Billings, Mont.; and retired investment management executive Amy Johnson of Minnetonka, Minn.
Last month, FHLBank Chicago members reelected Director David Loundy, chair and CEO of Chicago-based Devon Bank; and elected Director Ken Thompson, president and CEO of Madison, Wis.-based Capitol Bank. For three independent director seats, FHLBank Chicago elected Kathy Burns, executive chair and independent board member for risk management technology company Aclaimant; and reelected social entrepreneur Phyllis Lockett and Lois Alison Scott, president at Chicago-based Epoch Advisors.
Also last month, Indianapolis FHLBank members elected two Michigan-based public interest independent directors, including Anika Goss-Foster, CEO at nonprofit Detroit Future City; and Glenn Wilson, president and CEO of Flint-based nonprofit Communities First, Inc. Indianapolis FHLBank also appointed two Michigan member directors, including Auburn Hills-based Genisys Credit Union President and CEO Jackie Buchanan and Peg Lamb, chief risk officer at Southfield-based People Driven Credit Union.