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October 27, 2017
TO: | Members of the Federal Home Loan Bank of Boston | |
SUBJECT: | Independent Director Report of Election |
The Federal Home Loan Bank of Boston is pleased to announce the results of the election of one independent director, for a term beginning January 1, 2018 and ending on December 31, 2021. The director elected is indicated below.
DISTRICT ONE – NEW ENGLAND
Number of Members Voting in Election (Total Ballots Received) | 216 | |
Total Number of Eligible Votes (Potential) | 9,450,753 | |
FHFA 20% Threshold Requirement | 1,890,151 |
VOTES RECEIVED | |||
*Cornelius K. Hurley, Jr. | 5,212,937 | ||
Professor of the Practice of Banking Law at Boston University, former | |||
director of the Boston University Center for Finance, Law & Policy, and | |||
Executive Director of the Online Lending Policy Institute, Inc.; qualifications | |||
in law, organizational management and bank regulatory matters |
We extend a special note of thanks to all our members who participated in this year’s election process.
Sincerely,
/s/ Carol Hempfling Pratt
Carol Hempfling Pratt
Senior Vice President/General Counsel
Corporate Secretary
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*This directorship has not been designated as “public interest;” the Bank’s two public interest directorships are held by other directors.