Results of 2024 Federal Home Loan Bank of Pittsburgh Director Election
The Federal Home Loan Bank of Pittsburgh (“FHLBank”) is pleased to announce the winners of the 2024 Board of Directors Election. There were two Member Directorships up for election in Pennsylvania. There were two Independent Director seats up for election this year.
DELAWARE
There was no Member Director Election in 2024.
PENNSYLVANIA MEMBER DIRECTOR ELECTION
Pennsylvania members voted to fill two expiring Pennsylvania Member Directorships. The following individuals were elected as a Pennsylvania Member Director:
Brendan J. McGill, President and Chief Executive Officer
Harleysville Bank and Harleysville Financial Corporation
271 Main Street
Harleysville, PA 19438
FHFA ID: 7012
James V. Dionise, Director
NexTier Bank, N.A.
101 East Diamond Street
Butler, PA 16001
FHFA ID: 9438
Mr. McGill and Mr. Dionise shall each serve a four-year term beginning on Jan. 1, 2025 and ending on Dec. 31, 2028. Of the 209 Pennsylvania members eligible to vote in this election, 108 cast a ballot.
The total number of votes eligible to be cast for any one Pennsylvania Member Director nominee in this election was 6,488,690. The following summary provides the number of votes cast for each nominee:
| |
| |
Nominee | Votes Cast |
Brendan J. McGill | 3,298,590 |
James V. Dionise | 2,391,935 |
Charles B. Crawford, Jr. | 1,085,527 |
James M. Bone, Jr. | 887,554 |
| |
Janak M. Amin | 494,546 |
Donald Hinkle-Brown | 341,661 |
WEST VIRGINIA
There was no Member Director Election in 2024.
INDEPENDENT DIRECTOR ELECTION
The FHLBank held a district-wide election for two expiring Independent Directorships. The following individuals were reelected:
Romulo L. Diaz, Jr., Principal
Turtle on Post, LLC
241 S. 6th Street, Unit 405J
Philadelphia, PA 19106
Dr. Howard B. Slaughter, Jr., President and Chief Executive Officer
Habitat for Humanity of Greater Pittsburgh
6435 Frankstown Avenue, Suite 100
Pittsburgh, PA 15206
Mr. Diaz and Dr. Slaughter will each serve a four-year term beginning on Jan. 1, 2025 and ending on Dec. 31, 2028. Of the 283 members district-wide eligible to vote in this election, 126 cast a ballot in the Independent Director election.
The total number of votes eligible to be cast for each Independent Director nominee in this election was 8,100,704. The following were the votes cast:
| |
Nominee | Votes Cast |
Romulo L. Diaz, Jr. | 5,058.362 |
Dr. Howard B. Slaughter, Jr. | 4,981,168 |
Please note that pursuant to Federal Housing Finance Agency regulation, members who vote do so by casting all of their shares of FHLBank stock that they were required to hold as of December 31, 2023 for each open Directorship to be filled up to the applicable state average. Pennsylvania members were eligible to vote their shares one time for two open Member Directorships. Delaware, Pennsylvania, and West Virginia members were eligible to vote their shares once for each of the Independent Director candidates.
