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Federal Home Loan Bank of Atlanta Announces Results of 2018 Board of Directors’ Election

ATLANTA, Oct. 15, 2018 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced the results of the 2018 director election for three member directors and one independent director. Each of the directors-elect will begin a four-year term commencing on January 1, 2019.

FHLBank Atlanta institutions re-elected Jonathan I. Kislak to serve as an independent director. Mr. Kislak has been a director of FHLBank Atlanta since 2008 and is currently vice chair of the Finance Committee. Mr. Kislak has also served on the Audit Committee, the Enterprise Risk and Operations Committee, the Housing and Community Investment Committee, the Executive Committee, the Governance and Compensation Committee, and the Credit and Member Services Committee. Mr. Kislak is principal and chairman of the board of Antares Capital Corporation, a venture capital firm investing equity capital in expansion stage companies and management buyout opportunities. From 1993 to 2005, Mr. Kislak served as president and chairman of the board of Kislak Financial Corporation, a community bank holding company in Miami, Florida. From 2013-2016, Mr. Kislak served on the board of directors and chair of the audit committee of Cherry Hill Mortgage Investment Corp. Mr. Kislak has expertise in economics and finance.

Federal Home Loan Bank of Atlanta Announces Results of 2018 Board of Directors’ Election

FHLBank Atlanta member institutions in Florida elected Garrett S. Richter to serve as director representing that state. Mr. Richter serves as president, chief executive officer, and director of First Florida Integrity Bank. Mr. Richter has also served as president and director for TGR Financial, Inc. since its formation in 2012. Mr. Richter was a founder and former president and chief executive officer of First National Bank of Florida, which was acquired by Fifth Third Bancorp in 2005. He was a founding director and organizer of First National Bank of Naples, where he served as president and chief executive officer prior to its affiliation with F.N.B. Corporation in 1997. Mr. Richter served as the President Pro Tempore of the Florida Senate from 2012 to 2016, completing his final term as a state senator in November 2016. He was recently appointed by Governor Scott to the Florida Commission on Ethics. He serves on the Forum Club board in Southwest Florida, and is a board member of the Greater Naples Chamber of Commerce. Mr. Richter began his banking career in 1969 with Mellon Bank and is a veteran of the U.S. Army.

FHLBank Atlanta member institutions in Georgia re-elected Richard A. Whaley to serve as director representing that state. Mr. Whaley has been a director of FHLBank Atlanta since 2013 and is currently vice chair of the Bank’s board of directors. Mr. Whaley has served as president, chief executive officer, and director of Citizens Bank of Americus in Americus, Georgia, since 2001. From 1989 to 2001, he served as market manager and commercial lender for Wachovia Bank. Mr. Whaley served as chairman of the South Georgia Technical College Foundation from 2008 to 2010, and as chairman of the Georgia Bankers Association from October 2010 to June 2012. He was recently elected to serve as chair of the Georgia Bankers Association Insurance Trust, Inc., where he has served as a director since June 2013, and he is a veteran of the U.S. Army. He currently serves as vice chairman of the Executive Committee and ex officio member of the other committees of the Bank’s board.

FHLBank Atlanta member institutions in Maryland re-elected Kim C. Liddell to serve as director representing that state. Mr. Liddell has been a director of FHLBank Atlanta since 2015 and is currently chair of the Credit and Member Services Committee. Mr. Liddell has served as president and chief executive officer of 1880 Bank, formerly known as the National Bank of Cambridge, in Cambridge, Maryland, since 2010. He was elected chairman of the board of directors in April 2011. From 2004 to 2009, Mr. Liddell served as chief operating officer and executive vice president of Cardinal Financial Corporation (CFNL) and Cardinal Bank. Mr. Liddell has served as a board member of the Virginia Bankers Association’s Member Services, Inc., Junior Achievement of the National Capital Area, Business in Education Partnership with the Falls Church City Public Schools, Arlington County Chamber of Commerce, Celebrate Fairfax, and Leadership Fairfax. Mr. Liddell currently serves on the boards of the Maryland Bankers Association and Dorchester General Hospital Foundation. He previously served on the board of the Dorchester County Chamber of Commerce.

FHLBank Atlanta offers competitively-priced financing, community development grants, and other banking services to help member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank's members—its shareholders and customers—are commercial banks, credit unions, savings institutions, community development financial institutions, and insurance companies located in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia. FHLBank Atlanta is one of 11 district banks in the Federal Home Loan Bank System. Since 1990, the FHLBanks have awarded approximately $5.8 billion in Affordable Housing Program funds, assisting more than 865,000 households.

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