Title 12: Banks and Banking
PART 915—BANK DIRECTOR ELIGIBILITY, APPOINTMENT AND ELECTIONS
Appendix A to Part 915—Staggering For FHLBank Boards of Directors
Table 1---------------------------------------------------------------------------------------------------------------- Boston FHLBank (10 seats: 8 Guaranteed staggering: 2- guaranteed by statute and 2 not Term Non-guaranteed seats 3-3 Total staggering: 4- guaranteed) 3-3----------------------------------------------------------------------------------------------------------------6 Seats to be filled in 2000 Election: * Board must allocate 1 Seat to a 2-year term. Mass. Seat....................... 3/2 Years*. Conn. Seat....................... 3/2 Years*. Maine Seat....................... 3/2 Years*. R. I. Seat....................... 3/2 Years*. Mass. Seat....................... 2 Years................. Conn. Seat....................... 2 Years................. Not Guaranteed (Discretionary Seat).4 Seats to be filled in 2001 Election: Mass. Seat....................... 3 Years. N.H. Seat........................ 3 Years. Vermont Seat..................... 3 Years. Mass. Seat....................... 1 Year.................. Not Guaranteed (Discretionary Seat).Class with Terms Expiring Dec. 31, 2002 (4 seats): Mass./Conn./Maine/Rhode Island Seat (board to pick 1 of 4) Mass. Seat Conn. Seat (not guaranteed by statute) Mass. Seat (not guaranteed by statute)Class with Terms Expiring Dec. 31, 2003 (3 seats): Mass./Conn./Maine/Rhode Island Seat (board to pick 3 of 4)Class with Terms Expiring Dec. 31, 2004 (3 seats): Mass. Seat N.H. Seat Vermont Seat----------------------------------------------------------------------------------------------------------------
Table 2---------------------------------------------------------------------------------------------------------------- Guaranteed staggering: 3-N.Y. FHLBank (11 Seats: 9 Guaranteed Term Non-guaranteed seats 3-3 Total staggering: 3- by Statute and 2 Not Guaranteed) 4-4----------------------------------------------------------------------------------------------------------------7 Seats to be filled in 2000 election: New York Seat.................... 3 Years................. New Jersey Seat.................. 3 Years................. Puerto Rico Seat................. 3 Years................. New York Seat.................... 3 Years................. Not Guaranteed (Stock Seat). New York Seat.................... 2 Years................. New York Seat.................... 2 Years................. New Jersey Seat.................. 2 Years.................4 Seats to be filled in 2001 election: New York Seat.................... 3 Years................. New York Seat.................... 3 Years................. Not Guaranteed (Stock Seat). New Jersey Seat.................. 3 Years................. New Jersey Seat.................. 3 Years ................Class with Terms Expiring Dec. 31, 2002 (3 seats): New York Seat New York Seat New Jersey SeatClass with Terms Expiring Dec. 31, 2003 (4 seats): New York Seat New York Seat (not guaranteed by statute) New Jersey Seat Puerto Rico SeatClass with Terms Expiring Dec. 31, 2004 (4 seats): New York Seat New York Seat (not guaranteed by statute) New Jersey Seat New Jersey Seat----------------------------------------------------------------------------------------------------------------
Table 3---------------------------------------------------------------------------------------------------------------- Guaranteed staggering: 2- Pitts. FHLBank (8 seats: all Term Non-guaranteed seats 3-3 Total staggering: 2- guaranteed by statute) 3-3----------------------------------------------------------------------------------------------------------------4 Seats to be filled in 2000 Election: Penn. Seat....................... 3 Years. Penn. Seat....................... 3 Years. Penn. Seat....................... 3 Years. Penn. Seat....................... 2 Years.4 Seats to be filled in 2001 Election West Va. Seat.................... 3 Years. Delaware Seat.................... 3 Years. Penn. Seat....................... 3 Years. Penn. Seat....................... 1 Year.Class with Terms Expiring Dec. 31, 2002 (2 seats): Penn. Seat Penn SeatClass with Terms Expiring Dec. 31, 2003 (3 seats): Penn. Seat Penn. Seat Penn. SeatClass with Terms Expiring Dec. 31, 2004 (3 seats): Penn. Seat Delaware Seat West Va. Seat----------------------------------------------------------------------------------------------------------------
Table 4---------------------------------------------------------------------------------------------------------------- Atlanta FHLBank (9 Seats: 8 Guaranteed staggering: 2- guaranteed by statute and 1 not Term Non-guaranteed seats 3-3 Total staggering: 3- guaranteed) 3-3----------------------------------------------------------------------------------------------------------------4 Seats to be filled in 2000 Election: * Board must allocate 1 Seat to a 2-year term. D.C. Seat........................ 3/2 Years*. Alabama Seat..................... 3/2 Years*. Virginia Seat.................... 3/2 Years*. S. Carolina Seat................. 3/2 Years*.5 Seats to be filled in 2001 Election: * Board must allocate 1 Seat to a 1-year term N. Carolina Seat................. 3/1 Years*. Georgia Seat..................... 3/1 Years*. Maryland Seat.................... 3/1 Years*. Florida Seat..................... 3/1 Years*. N. Carolina Seat................. 1 Year*................. Not Guaranteed (Discretionary Seat).Class with Terms Expiring Dec. 31, 2002 (3 seats): North Carolina Seat (not guaranteed by statute) D.C./Alabama/Virginia/So. Carolina Seat (board to pick 1 of 4) No. Carolina/Georgia/Maryland/ Florida Seat (board to pick 1 of 4)Class with Terms Expiring Dec. 31, 2003 (3 seats): D.C./Alabama/Virginia/So. Carolina Seat (board to pick 3 of 4)Class with Terms Expiring Dec. 31, 2004 (3 seats): No. Carolina/Georgia/Maryland/ Florida Seat (board to pick 3 of 4)----------------------------------------------------------------------------------------------------------------
Table 5---------------------------------------------------------------------------------------------------------------- Cincinnati FHLBank (9 seats: 8 Guaranteed staggering: 2- guaranteed by statute and 1 not Term Non-guaranteed seats 3-3 Total staggering: 3- guaranteed) 3-3----------------------------------------------------------------------------------------------------------------4 Seats to be filled in 2000 Election: * Board must allocate 1 Seat to a 2-year term. Kentucky Seat.................... 3 Years. Ohio Seat........................ 3 Years. Kentucky Seat.................... 3/2 Years *. Ohio Seat........................ 3/2 Years *.5 Seats to be filled in 2001 Election: * Board must allocate 1 Seat to a 1-year term. Ohio Seat........................ 3 Years. Tennessee Seat................... 3 Years. Tennessee Seat................... 3/1 Years *. Ohio Seat........................ 3/1 Years *. Ohio Seat........................ 1 Year.................. Not Guaranteed (Stock Seat).Class with Terms Expiring Dec. 31, 2002 (3 seats): Kentucky or Ohio Seat (board to decide) Ohio Seat (not guaranteed by statute) Tennessee or Ohio Seat (board to decide)Class with Terms Expiring Dec. 31, 2003 (3 seats): Kentucky Seat Ohio Seat Kentucky or Ohio Seat (board to decide)Class with Terms Expiring Dec. 31, 2004 (3 seats): Ohio Seat Tennessee Seat Tennessee or Ohio Seat (board to decide)----------------------------------------------------------------------------------------------------------------
Table 6---------------------------------------------------------------------------------------------------------------- Indianapolis FHLBank (10 seats: 8 Guaranteed staggering: 2- guaranteed by statute and 2 not Term Non-guaranteed seats 3-3 Total staggering: 4- guaranteed) 3-3----------------------------------------------------------------------------------------------------------------4 Seats to be filled in 2000 Election: Indiana Seat..................... 3 Years. Indiana Seat..................... 3 Years. Michigan Seat.................... 3 Years. Indiana Seat..................... 2 Years.6 Seats to be filled in 2001 Election: * Board must allocate 1 Seat to a 1-year term. Michigan Seat.................... 3 Years. Indiana Seat..................... 3 Years. Michigan Seat.................... 3/1 Years *. Indiana Seat..................... 3/1 Years *. Michigan Seat.................... 1 Year.................. Not Guaranteed (Stock Seat). Michigan Seat.................... 1 Year.................. Not Guaranteed (Stock Seat).Class with Terms Expiring Dec. 31, 2002 (4 seats): Indiana Seat. Michigan or Indiana Seat (board to decide). Michigan Seat (not guaranteed by statute). Michigan Seat (not guaranteed by statute).Class with Terms Expiring Dec. 31, 2003 (3 seats). Indiana Seat. Indiana Seat. Michigan Seat.Class with Terms Expiring Dec. 31, 2004 (3 seats). Michigan Seat. Indiana Seat. Michigan or Indiana Seat (board to decide).----------------------------------------------------------------------------------------------------------------
Table 7---------------------------------------------------------------------------------------------------------------- Chicago FHLBank (10 seats: 8 Guaranteed staggering: 2- guaranteed by statute and 2 not Term Non-guaranteed seats 3-3 Total staggering: 4- guaranteed) 3-3----------------------------------------------------------------------------------------------------------------4 Seats to be filled in 2000 Election: Illinois Seat.................... 3 Years. Wisconsin Seat................... 3 Years. Wisconsin Seat................... 3 Years. Wisconsin Seat................... 2 Years.6 Seats to be filled in 2001 Election: Wisconsin Seat................... 3 Years. Illinois Seat.................... 3 Years. Illinois Seat.................... 3 Years. Illinois Seat.................... 1 Year. Illinois Seat.................... 1 Year.................. Not Guaranteed (Stock Seat). Illinois Seat.................... 1 Year.................. Not Guaranteed (Stock Seat).Class with Terms Expiring Dec. 31, 2002 (4 seats) Wisconsin Seat Illinois Seat Illinois Seat (not guaranteed by statute) Illinois Seat (not guaranteed by statute)Class with Terms Expiring Dec. 31, 2003 (3 seats) Illinois Seat Wisconsin Seat Wisconsin SeatClass with Terms Expiring Dec. 31, 2004 (3 seats) Wisconsin Seat Illinois Seat Illinois Seat----------------------------------------------------------------------------------------------------------------
Table 8---------------------------------------------------------------------------------------------------------------- Des Moines Bank (10 seats: 8 Guaranteed staggering: 2- guaranteed by statute and 2 not Term Non-guaranteed seats 3-3 Total staggering: 4- guaranteed) 3-3----------------------------------------------------------------------------------------------------------------6 Seats to be filled in 2000 Election: * Board must allocate 1 Seat to a 2-year term Missouri Seat.................... 3/2 Years*. South Dakota Seat................ 3/2 Years*. Iowa Seat........................ 3/2 Years*. Minnesota Seat................... 3/2 Years*. Iowa Seat........................ 2 Years. Minnesota Seat................... 2 Years................. Not Guaranteed (Stock Seat).4 Seats to be filled in 2001 Election: Missouri Seat.................... 3 Years. Minnesota Seat................... 3 Years. North Dakota Seat................ 3 Years. Missouri Seat.................... 1 Year.................. Not Guaranteed (Discretionary Seat).Class with Terms Expiring Dec. 31, 2002 (4 seats): Iowa Seat Missouri/So.Dakota/Iowa/Minnesota Seat (board to pick 1 of 4) Minnesota Seat (not guaranteed by statute) Missouri Seat (not guaranteed by statute)Class with Terms Expiring Dec. 31, 2003 (3 seats): Missouri/So. Dakota/Iowa/Minnesota Seat (board to pick 3 of 4)Class with Terms Expiring Dec. 31, 2004 (3 seats): Missouri Seat Minnesota Seat North Dakota Seat----------------------------------------------------------------------------------------------------------------
Table 9---------------------------------------------------------------------------------------------------------------- Dallas FHLBank (9 seats: 8 Guaranteed staggering: 2- guaranteed by statute and 1 not Term Non-guaranteed seats 3-3 Total staggering: 3- guaranteed) 3-3----------------------------------------------------------------------------------------------------------------4 Seats to be filled in 2000 Election: Texas Seat....................... 3 Years. Louisiana Seat................... 3 Years. Arkansas Seat.................... 3 Years. Louisiana Seat................... 2 Years.5 Seats to be filled in 2001 Election: Texas Seat....................... 3 Years. Mississippi Seat................. 3 Years. New Mexico Seat.................. 3 Years. Texas Seat....................... 1 Year. Texas Seat....................... 1 Year.................. Not Guaranteed (Stock Seat).Class with Terms Expiring Dec. 31, 2002 (3 seats): Louisiana Seat Texas Seat Texas Seat (not guaranteed by statute)Class with Terms Expiring Dec. 31, 2003 (3 seats): Texas Seat Louisiana Seat Arkansas SeatClass with Terms Expiring Dec. 31, 2004 (3 seats): Texas Seat Mississippi Seat New Mexico Seat----------------------------------------------------------------------------------------------------------------
Table 10---------------------------------------------------------------------------------------------------------------- Topeka FHLBank (10 seats: 8 Guaranteed staggering: 2- guaranteed by statute and 2 not Term Non-Guaranteed seats 3-3 Total staggering: 4- guaranteed) 3-3----------------------------------------------------------------------------------------------------------------5 Seats to be filled in 2000 Election: Colorado Seat.................... 3 Years. Oklahoma Seat.................... 3 Years. Kansas Seat...................... 3 Years. Colorado Seat.................... 2 Years. Kansas Seat...................... 2 Years.5 Seats to be filled in 2001 Election: Kansas Seat...................... 3 Years. Oklahoma Seat.................... 3 Years. Nebraska Seat.................... 3 Years. Nebraska Seat.................... 1 Year.................. Not Guaranteed (Stock Seat). Nebraska Seat.................... 1 Year.................. Not Guaranteed (Stock Seat).Class with Terms Expiring Dec. 31, 2002 (4 seats): Colorado Seat Kansas Seat Nebraska Seat (not guaranteed by statute) Nebraska Seat (not guaranteed by statute)Class with Terms Expiring Dec. 31, 2003 (3 seats): Colorado Seat Oklahoma Seat Kansas SeatClass with Terms Expiring Dec. 31, 2004 (3 seats): Kansas Seat Oklahoma Seat Nebraska Seat----------------------------------------------------------------------------------------------------------------
Table 11---------------------------------------------------------------------------------------------------------------- San Francisco FHLBank (8 seats: 5 Guaranteed staggering: 1- guaranteed by statute and 3 not Terms Non-guaranteed seats 2-2 Total staggering: 2- guaranteed) 3-3----------------------------------------------------------------------------------------------------------------4 Seats to be filled in 2000 Election: California Seat.................. 3 Years. California Seat.................. 3 Years. California Seat.................. 3 Years................. Not Guaranteed (Stock Seat). California Seat.................. 2 Years................. Not Guaranteed (Stock Seat).4 Seats to be filled in 2001 Election: *Board must allocate 1 seat to a 1-year term California Seat.................. 3/1 Years*. Nevada Seat...................... 3/1 Years*. Arizona Seat..................... 3/1 Years*. California Seat.................. 1 Year.................. Not Guaranteed (Stock Seat).Class with Terms Expiring Dec. 31, 2002 (3 seats): California/Nevada/Arizona Seat (board to pick 1 of 3) California Seat (not guaranteed by statute) California Seat (not guaranteed by statute)Class with Terms Expiring Dec. 31, 2003 (3 seats): California Seat California Seat California Seat (not guaranteed by statute)Class with Terms Expiring Dec. 31, 2004 (2 seats): California/Nevada/Arizona Seat (board to pick 2 of 3)----------------------------------------------------------------------------------------------------------------
Table 12---------------------------------------------------------------------------------------------------------------- Seattle FHLBank (10 seats: 8 Guaranteed staggering: 2- guaranteed by statute and 2 not Term Non-guaranteed seats 3-3 Total staggering: 4- guaranteed) 3-3----------------------------------------------------------------------------------------------------------------5 Seats to be filled in 2000 Election: Hawaii Seat...................... 3 Years. Utah Seat........................ 3 Years. Alaska Seat...................... 3 Years. Washington Seat.................. 2 Years................. Not Guaranteed (Discretionary Seat). Washington Seat.................. 2 Years................. Not Guaranteed (Discretionary Seat).5 Seats to be filled in 2001 Election: * Board must allocate 2 seats to 1-year terms Montana Seat..................... 3/1 Years*. Oregon Seat...................... 3/1 Years*. Washington Seat.................. 3/1 Years*. Idaho Seat....................... 3/1 Years*. Wyoming Seat..................... 3/1 Years*.Class with Terms Expiring Dec. 31, 2002 (4 seats): Montana/Oregon/Idaho/Wyoming/ Washington Seat (board to pick 2 of 5) Washington Seat (not guaranteed by statute) Washington Seat (not guaranteed by statute)Class with Terms Expiring Dec. 31, 2003 (3 seats): Hawaii Seat Utah Seat Alaska SeatClass with Terms Expiring Dec. 31, 2004 (3 seats): Montana/Oregon/Idaho/Wyoming/ Washington Seat (board to pick 3 of 5)----------------------------------------------------------------------------------------------------------------
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[65 FR 41570, July 6, 2000]
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