November 24, 2008
Dear Member,
The Federal Home Loan Bank of Pittsburgh is pleased to announce the winners of the 2008 Election of Directors for Member Directorships and for Independent Directorships.
MEMBER DIRECTOR ELECTION
Pennsylvania
The individuals who were chosen to fill the two expiring Pennsylvania directorships are:
Robert W. White Chairman, President & CEO | Abington Bank 180 York Road Jenkintown, PA 19046 FHFA ID 584 | |
John S. Milinovich EVP/Treasurer & CFO | Washington Federal Savings Bank 190 N. Main Street Washington, PA 15301 FHFA ID 3586 |
The terms of these two member directorships will commence on January 1, 2009 and expire on December 31, 2012.
There were 113 members from Pennsylvania that cast their ballot in this election. The following summary shows the number of votes cast for each nominee:
Nominee | Votes Cast | |||
Robert W. White | 2,054,731 | |||
John S. Milinovich | 2,040,328 | |||
Paul E. Reichart | 1,858,831 | |||
David W. Curtis | 1,416,373 | |||
1
Delaware and West Virginia
There were no member director elections held in Delaware and West Virginia.
INDEPENDENT DIRECTOR ELECTION
The FHLBank held a district wide election for two independent directorships that expire this year. The individuals who where chosen to fill the two expiring independent directorships are:
Patrick A. Bond General Partner | Mountaineer Capital, LP 107 Capitol Street Charleston, WV 25301 | |
Brian A. Hudson Executive Director & CEO | Pennsylvania Housing Finance Agency 211 North Front Street Harrisburg, PA 17101 |
Both Mr. Bond and Mr. Hudson will serve as public interest directors and both represent consumer housing interests. The following summary shows the number of votes cast for each nominee:
Nominee | Votes Cast | |||
Patrick A. Bond | 4,067,230 | |||
Brian A. Hudson | 4,395,870 | |||
The terms of these two independent directorships above will commence on January 1, 2009 and expire on December 31, 2012.
Sincerely,
John A. Ott
Senior Attorney and
Assistant Corporate Secretary
2