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  Federal Home Loan Bank of Dallas Elects New Chairman, Vice Chairman to Lead Board of Directors

                New Industry Director Elected for Mississippi

    DALLAS, March 29 /PRNewswire/ -- The Federal Home Loan Bank of Dallas
(FHLBank Dallas) today announced the election of Chesley N. Brooks Jr. as
chairman of the Bank's Board of Directors, and Mary E. Ceverha as acting vice
chairman, and the election of James H. Clayton as a new director.
    Mr. Brooks, who joined the FHLBank Dallas Board in 1998, succeeds Fred
Miller Jr. as chairman.  Mr. Miller retired from the Board after serving the
maximum allowable three terms.  Mr. Brooks is chairman and chief executive
officer of Omnibank, N.A., in Houston, Texas, and has served in that capacity
since 1978.  From 1994 to 1999, he served on the Board of Directors of the
Texas Bankers Association.  Mr. Brooks currently serves on the Federal Home
Loan Bank Committee of the American Bankers Association, and the Legislative
Committee of the Independent Bankers Association of Texas.
    Ms. Ceverha, who joined the FHLBank Dallas Board in 2004, succeeds
Patricia Brister as vice chairman.  Ms. Brister's term as a public interest
director expired on December 31, 2004; the Bank's regulator, the Federal
Housing Finance Board, has not yet taken action to fill vacancies for FHLB
System public interest directors, pending a review of the current selection
process.  Ms. Ceverha is the founder and current president of Trinity Commons,
Inc., a not-for-profit enterprise organized in 2001 to coordinate activities
relating to the construction of the Trinity River Project in Dallas, Texas.
She also serves on the Executive Committee of the Greater Dallas Planning
Texas.


 

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