ATLANTA, Dec. 1 /PRNewswire/ -- Federal Home Loan Bank of Atlanta
(FHLBank Atlanta) today announced the results of the 2006 director
election.
B. K. "Skipper" Goodwin III, president of FirstFed Bancorp, Inc. and
chairman, president, and CEO of First Financial Bank, Bessemer, Ala., will
fill one of the two directorships designated by the Federal Housing Finance
Board (Finance Board) for the state of Alabama. Goodwin joined FirstFed
Bancorp and assumed his current role in 1995. Previously, he served as
chairman, CEO, and president of Steiner Bank, an affiliate of Union
Planters Corporation.
Thomas H. Webber III, vice president and chief financial officer for
IDB- IIC Federal Credit Union, will fill the directorship designated by the
Finance Board for the District of Columbia. Webber has more than 35 years
of banking and investment management experience in various financial
positions. He joined IDB-IIC Federal Credit Union as vice president and
chief financial officer in 1999.
Incumbent W. Russell Carothers II, chairman, president, and CEO of The
Citizens Bank of Winfield, Winfield, Ala., will fill the other directorship
designated by the Finance Board for the state of Alabama. Carothers joined
the Citizens Bank of Winfield in 1963 and assumed his current role in 1990.
He actively serves with several business organizations, including the
Independent Community Bankers of America and the State Community Bankers
Association of Alabama. Carothers joined the FHLBank Atlanta board of
directors in 2002.
Incumbent James T. Johnson, vice chairman and executive vice president
of First Community Bank, Lexington, S.C., will fill the directorship
designated by the Finance Board for the state of South Carolina. Johnson
has held his current positions since October 2004. Previously, he served as
chairman and chief executive officer of Newberry Federal Savings Bank in
Newberry, S.C. Johnson joined FHLBank Atlanta's board of directors in 2004.
Each director's three-year term of office begins Jan. 1, 2007.
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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Related links:
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, or cmcentee@fhlbatl.com
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