EXHIBIT 99.1
November 7, 2006
TO: Member Institutions in Illinois and Wisconsin
RE: Results of 2006 Election of Federal Home Loan Bank of Chicago Directors
The Federal Home Loan Bank of Chicago is pleased to announce the results of the 2006 election of Federal Home Loan Bank directors for member institutions in Illinois and Wisconsin. These directors' terms will begin on January 1, 2007.
Illinois -- Two Directors
Number of Members Eligible to Vote | 593 |
Number of Members Casting Votes | 305 |
Total Eligible Votes for Each Directorship | 3,942,936 |
| | | Votes Received |
Lehmann, Roger L. | The Harvard State Bank | 1,313,141 |
President | Harvard, IL | |
Term Expires: December 31, 2009 | | |
| | | |
Rosenbaum, Steven F. | Prospect Federal Savings Bank | 1,257,104 |
President & CEO | Worth, IL | |
Term Expires: December 31, 2009 | | |
Wisconsin -- Two Directors
Number of Members Eligible to Vote | 286 |
Number of Members Casting Votes | 180 |
Total Eligible Votes for Each Directorship | 1,774,978 |
| | | Votes Received |
Locke, E. David | McFarland State Bank | 886,111 |
Chairman & CEO | McFarland, WI | |
Term Expires: December 31, 2009 | | |
| | | |
McKenna, James F. | North Shore Bank | 827,632 |
President & CEO | Brookfield, WI | |
Term Expires: December 31, 2009 | | |
Enclosed for your information is a complete list of the voting results for the Seventh District. Thank you for participating in this year's election process. Your contribution ensures sound representation on our board of directors for the mutual benefit of the Bank and its member-stockholders.
Sincerely,
Peter E. Gutzmer
Executive Vice President,
General Counsel &
Corporate Secretary
FEDERAL HOME LOAN BANK OF CHICAGO
RESULTS OF THE 2006 ELECTION OF FEDERAL
HOME LOAN BANK OF CHICAGO DIRECTORS
ILLINOIS
NAME | VOTES | DOCKET # | INSTITUTION | CITY |
Chow, Betty P. | 234,419 | 17144 | Pacific Global Bank | Chicago |
Klamp, Robert A. | 70,402 | 13929 | International Bank of Chicago | Chicago |
*Lehmann, Roger L. | 1,313,141 | 14315 | The Harvard State Bank | Harvard |
*Rosenbaum, Steven F. | 1,257,104 | 00691 | Prospect Federal Savings Bank | Worth |
Total Number of Votes Cast | 2,875,066 | | | |
WISCONSIN
NAME | VOTES | DOCKET # | INSTITUTION | CITY |
Grossklaus, Charles M. | 89,965 | 14053 | Royal Credit Union | Eau Claire |
*Locke, E. David | 886,111 | 09863 | McFarland State Bank | McFarland |
*McKenna, James F. | 827,632 | 02130 | North Shore Bank | Brookfield |
Sennholz, William W. | 344,933 | 01781 | Marshfield Savings Bank | Marshfield |
Total Number of Votes Cast | 2,148,641 | | | |
* Elected to serve on the Board of Directors of the Federal Home Loan Bank of Chicago
