October 13, 2017
Re: 2017 Indiana Member Director and District-Wide Independent Director Election Results
Dear Member:
The Federal Home Loan Bank of Indianapolis (“FHLBank Indianapolis”) is pleased to announce the results of the 2017 Board of Directors election.
Independent Director District-Wide Election - Two Directors
In the 2017, district-wide election, the members re-elected two incumbent directors. Each of the re-elected directors shall serve a four-year term beginning on January 1, 2018 and ending on December 31, 2021.
Number of Indiana members eligible to vote | 171 | |
Number of Michigan members eligible to vote | 223 | |
Total members eligible to vote | 394 | |
Number of Indiana members casting votes | 71 | |
Number of Michigan members casting votes | 78 | |
Total members casting votes | 149 | |
Total eligible votes for each directorship | 4,323,698 |
Independent Director Elect | City, State | Votes Received |
Michael J. Hannigan, Jr. President The Hannigan Company, LLC | Carmel, IN | 1,729,822 |
James L. Logue III Chief Strategy Officer Cinnaire | Lansing, MI | 1,835,930 |
Indiana - Elected Member Director
As previously announced, the FHLBank Indianapolis received one (1) nomination for two (2) open Indiana member directorships. Pursuant to 12 CFR 1261.8(c), the nominee, identified below, was deemed elected without a vote of the Indiana members, and the Board of Directors will vote to fill the remaining seat for which there is no nominee.
Member Director Elect | City, State | Votes Received |
Larry W. Myers President & Chief Executive Officer First Savings Bank | Clarksville, IN | No election was conducted since only one certified nomination was received. |
Mr. Myers shall serve a four-year term beginning on January 1, 2018 and ending on December 31, 2021.
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 FHLBank Indianapolis and all of the members it serves.
Sincerely,
Michael D. Zaradich
Associate General Counsel and Corporate Secretary