EXHIBIT 99.1
November 7, 2012
VIA EMAIL
TO: Member Institutions in Illinois and Wisconsin
RE: Results of 2012 Election of Federal Home Loan Bank of Chicago
Member and Independent Directors
The Federal Home Loan Bank of Chicago is pleased to announce the results of the 2012 election of Federal Home Loan Bank member and independent directors for member institutions in Illinois and Wisconsin. Please note that the Board of Directors had designated two public interest directors and the current two public interest directors' terms of service have not expired and were not up for re-election. The directors' terms will begin on January 1, 2013.
MEMBER DIRECTORS
Illinois - Two Member Directors
|
| | |
| Number of Members Eligible to Vote | 497 |
|
| Number of Members Casting Votes | 247 |
|
| Total Eligible Votes for Each Directorship | 3,631,215 |
|
|
| | | |
| | | Votes Received |
|
| Greenbank, Arthur E. | First Bankers Trust | 1,144,013 |
|
| President/Chief Executive | Company, N.A. | |
| Officer | Quincy, IL | |
| Term Expires: December 31, 2016 | | |
| (Four year term) | | |
| | | |
| Ashworth, James T. | CNB Bank & Trust, N.A. | 862,643 |
|
| Vice Chairman and Investment | Carlinville, IL | |
| Officer | | |
| Term Expires: December 31, 2016 | | |
| (Four year term) | | |
Wisconsin - One Member Director
|
| | |
| Number of Members Eligible to Vote | 269 |
|
| Total Eligible Votes for Each Directorship | 1,695,088 |
|
|
| | |
| Herlache, Thomas L. | Baylake Bank | Declared Elected |
| Director | Sturgeon Bay, Wisconsin | |
| Term Expires: December 31, 2016 | | |
| (Four year term) | | |
* * * *
INDEPENDENT DIRECTORS
|
| | |
| Number of Members Eligible to Vote | 766 |
|
| Number of Members Casting Votes | 261 |
|
| Total Eligible Votes for Each Directorship | 5,326,303 |
|
|
| | | |
| | | Votes Received |
|
| Goldstein, Thomas M. | Allstate Insurance Company | 1,895,254 |
|
| Senior Vice President & | Northbrook, IL | |
| CFO, Protection Division | | |
| Term Expires: December 31, 2016 | | |
| (Four year term) | | |
| | | |
| Cahillane, Mary J. | The Spencer Foundation | 1,792,955 |
|
| Chief Investment Officer | Chicago, IL | |
| Term Expires: December 31, 2016 | | |
| (Four year term) | | |
| | | |
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,
/s/ Peter E. Gutzmer
Peter E. Gutzmer
Executive Vice President,
General Counsel &
Corporate Secretary
PEG:sck
Enclosure
FEDERAL HOME LOAN BANK OF CHICAGO
RESULTS OF THE 2012 ELECTION OF FEDERAL
HOME LOAN BANK OF CHICAGO
MEMBER & INDEPENDENT DIRECTORS
ILLINOIS - MEMBER DIRECTOR RESULTS
|
| | | | | | |
| NAME | VOTES | DOCKET # | INSTITUTION | CITY |
| Ahrens, Christopher B. | 847,997 |
| 55,017 |
| The PrivateBank & Trust | Chicago |
| *Ashworth, James T. | 862,643 |
| 10,034 |
| CNB Bank & Trust, N.A. | Carlinville |
| *Greenbank, Arthur E. | 1,144,013 |
| 10,232 |
| First Bankers Trust Company, N.A. | Quincy |
| Meier, Edward J. | 136,952 |
| 53,904 |
| National Bank of St. Anne | St. Anne |
| Terry, Dennis M. | 258,407 |
| 5,174 |
| First Clover Leaf Bank | Edwardsville |
| Total Number of Votes Cast | 3,250,012 |
| | |
WISCONSIN - MEMBER DIRECTOR RESULTS
|
| | | | |
| NAME | VOTES | DOCKET # | INSTITUTION | CITY |
| *Herlache, Thomas L. | Declared Elected | 14,582 | Baylake Bank | Sturgeon Bay |
INDEPENDENT DIRECTOR RESULTS
|
| | | | |
| NAME | VOTES | COMPANY | CITY |
| *Cahillane, Mary J. | 1,792,955 |
| The Spencer Foundation | Chicago, Illinois |
| *Goldstein, Thomas M. | 1,895,254 |
| Allstate Insurance Company | Northbrook, Illinois |
* Elected to serve on the Board of Directors of the Federal Home Loan Bank of Chicago.
