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Federal Home Loan Bank of Atlanta Announces Results of 2007 Board of Directors' Election

    ATLANTA, Oct. 4 /PRNewswire/ -- Federal Home Loan Bank of Atlanta
(FHLBank Atlanta) today announced the results of the 2007 election for
three positions on the board of directors.
    FHLBank Atlanta members in Maryland reelected John M. Bond, Jr.,
chairman of The Columbia Bank. Bond has served as a director and the CEO of
The Columbia Bank in Columbia, Md., since its inception and was one of two
individuals who started Columbia Bancorp in 1987. Previously, he held
senior vice president positions with Chase Bank of Maryland, a regional
affiliate of Chase Manhattan Bank, N.A., and the First National Bank of
Maryland.
    Member institutions in Florida elected Miriam Lopez, CEO of
TransAtlantic Bank in Miami. Lopez has held her current position for 22
years and served as TransAtlantic's chairman of the board from 2003 to
2007. She is a former president of the Florida Bankers Association and
serves on the American Bankers Association's Government Relations Council
and Executive Committee.
    Bond and Lopez will serve a term of three years beginning on January 1,
2008.
    Brian Schmitt, chairman and CEO of The PrivateBank in Atlanta, was the
sole nominee for the directorship that the Federal Housing Finance Board
designated for the state of Georgia. On October 2, 2007, Schmitt informed
the Bank that he would be unable to serve on the board of directors because
of scheduling conflicts. In accordance with the Federal Home Loan Bank Act,
the board of directors will elect a director to fill the vacancy as of
January 1, 2008, for that directorship.
    About FHLBank Atlanta
    FHLBank Atlanta is a financial services organization that provides low-
cost financing, community development grants, and other banking services to
more than 1,200 financial institutions in Alabama, Florida, Georgia,
Maryland, North Carolina, South Carolina, Virginia, and the District of
Columbia. FHLBank Atlanta is one of 12 district banks in the Federal Home
Loan Bank System, which since 1990 has contributed more than $2 billion to
affordable housing development in the United States.


SOURCE Federal Home Loan Bank of Atlanta




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  • http://www.fhlbatl.com
  • http://www.prnewswire.com/comp/149931.html /
    CONTACT:
    Christopher McEntee of Federal Home Loan Bank
    of Atlanta, +1-404-888-8158, cmcentee@fhlbatl.com