EXHIBIT 99.1
November 17, 2015
VIA EMAIL
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| TO: | Member Institutions in Illinois and Wisconsin |
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| RE: | Results of 2015 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 2015 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 none of the current public interest directors’ terms of service had expired and was up for re-election. The directors’ terms will begin on January 1, 2016.
MEMBER DIRECTORS
Illinois - One Member Director
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| |
| Number of Members Eligible to Vote | 478 |
| Number of Members Casting Votes | 215 |
| Total Eligible Votes for Each Directorship | 3,672,769 |
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| | |
| | | Votes Received
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Beacom, Owen E. Managing Director & Chief Lending Officer Term Expires: December 31, 2019 (Four year term) | First Bank & Trust Evanston, IL | 1,511,342 |
Wisconsin - One Member Director
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| Number of Members Eligible to Vote | 268 |
| Total Eligible Votes for Each Directorship | 1,645,758 |
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Reinke, John Chairman of the Board Term Expires: December 31, 2019 (Four year term) | The Stephenson National Bank & Trust Marinette, Wisconsin | Declared Elected |
* * * *
INDEPENDENT DIRECTORS
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| Number of Members Eligible to Vote | 746 |
| Number of Members Casting Votes | 311 |
| Total Eligible Votes for Each Directorship | 5,318,527 |
OTHER INDEPENDENT DIRECTOR
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| | |
| | | Votes Received
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Brady, Edward P. President Term Expires: December 31, 2019 (Four year term) | Brady Homes Bloomington, Illinois | 2,285,299 |
Lockett, Phyllis President & Chief Executive Officer Term Expires: December 31, 2019 (Four year term) |
LEAP Innovations Chicago, Illinois |
2,170,007 |
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 2015 ELECTION OF
MEMBER & INDEPENDENT DIRECTORS
ILLINOIS - MEMBER DIRECTOR RESULTS
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| | | | |
| NAME | VOTES | DOCKET # | INSTITUTION | CITY |
| Beacom, Owen E.* | 1,511,342 | 14013 | First Bank & Trust | Evanston |
| Bergevin, Eric J. | 242,990 | 01001 | West Town Bank & Trust | North Riverside |
| Total Number of Votes Cast | 1,754,332 | | | |
WISCONSIN - MEMBER DIRECTOR RESULTS
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| | | | |
| NAME | VOTES | DOCKET # | INSTITUTION | CITY |
| Reinke, John* | Declared Elected | 13399 | The Stephenson National Bank & Trust | Marinette |
INDEPENDENT DIRECTOR RESULTS
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| | | |
| NAME | VOTES | COMPANY | CITY |
| Brady, Edward P.* | 2,285,299 | Brady Homes | Bloomington, IL |
| Lockett, Phyllis* | 2,170,007 | LEAP Innovations | Chicago, IL |
| Total Number of Votes Cast | 4,455,306 | | |
* Elected to serve on the Board of Directors of the Federal Home Loan Bank of Chicago.
