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Publication Details
Type
Proposed Rulemaking
Document Number
E9-18567
Federal Register Publish Date
08/04/2009
Federal Register Citation
Comment Open Date
08/04/2009
Comment End Date
10/05/2009
Comment Status
Closed
Rulemaking Details
Rulemaking

Board of Directors of Federal Home Loan Bank System Office of Finance

Contact Information

FOR FURTHER INFORMATION CONTACT: ​Joseph A. McKenzie, (202) 408-2845, Division of Federal Home Loan Bank Regulation, Federal Housing Finance Agency, 1625 Eye Street, NW., Washington, DC 20006; or Neil Crowley, Deputy General Counsel, (202) 343-1316, or Thomas E. Joseph, Senior Attorney-Advisor, (202) 414-3095, Office of General Counsel, Federal Housing Finance Agency, Fourth Floor, 1700 G Street, NW., Washington, DC 20552. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.

Summary

SUMMARY: Governed by the Federal Housing Finance Agency’s (FHFA) regulations, the Federal Home Loan Bank System’s (System) Office of Finance, issues debt ("consolidated obligations") on which the Federal Home Loan Banks (Banks) are jointly and severally liable and publishes combined financial reports on the Banks so that investors in the consolidated obligations can assess the strength of the System that stands behind them. The Office of Finance (OF) is governed by a board of directors, the composition and functions of which are determined by FHFA’s regulations. The FHFA’s experience with the System and with the OF’s combined financial reports during the recent period of market stress suggests that the OF and the System could benefit from a reconstituted and strengthened board. This proposed regulation is intended to achieve that.

DATES: Comments on the proposed regulation must be received on or before October 5, 2009. For additional information, see SUPPLEMENTARY INFORMATION.​
 

Public Comments people-icon

Below are a compilation of public comments made on this publication.

23 items
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Date First Name Last Name Organization Comment
11/04/09 Ann M. Grochala Independent Community Bankers of America (ICBA)
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11/04/09 Robert R. Davis American Bankers Association (ABA)
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11/02/09 Andrew C. Hove, Jr. FHLBank of Topeka
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10/31/09 D. Gene Dikeman, II Farmers Bank and Trust
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10/31/09 D. Gene Dikeman, II Farmers Bank and Trust
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10/30/09 David Burrage First Bank
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10/30/09 Lawrence L. McCants First National Bank
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10/30/09 Richard Dorfman FHLBank of Atlanta
Edward A Hjerpe, FHLBank of Boston; Matthew R. Reldman, FHLBank of Chi…
Email: N/A
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10/30/09 Stan Fraser Nebraska Energy Federal Credit Union
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10/28/09 Lindel Pittigrew Chickasha Bank and Trust Company
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10/26/09 James R. Hamby FHLBank of Topeka CEO-Director
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10/22/09 Michael M. Berryhill Morgan Federal Bank
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10/14/09 James R. Turner Heartland Community Bankers Association
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10/05/09 Ronald Wente Golden Belt Bank
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09/30/09 James E. Landen Security National Bank
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09/29/09 Barbara M. A. Walker Independent Bankers of Colorado (IBC)
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09/29/09 Bill D. Berkley State Bank of Downs (SBD)
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09/29/09 Bruce W. Wilgers Fidelity Bank
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09/29/09 Tom Gdowski Equitable Bank
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09/29/09 William A. Anderson Nebraska Independent Community Bankers (NICB)
Kurt T. Yost View Comment Email: N/A
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09/29/09 William R. Docking Union State Bank
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09/22/09 Charles A. Stones Kansas Bankers Association
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09/18/09 Ronald K. Wente FHLBank of Topeka
Andrew J. Jetter View Comment Email: N/A
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