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Federal Home Loan Bank of Atlanta Announces Results of 2012 Board of Directors' Election

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ATLANTA, Oct. 26, 2012 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) has announced the results of the 2012 election for two member director and two independent director positions on the board of directors. All directors' terms will begin on January 1, 2013.

FHLBank Atlanta member institutions in North Carolina re-elected Donna C. Goodrich to a four year directorship term. Ms. Goodrich has been a director of FHLBank Atlanta since 2008 and has served on the Audit, Credit and Member Services, Human Resources, Executive, Enterprise Risk and Operations, and Finance Committees. Ms. Goodrich has served as senior executive vice president of Branch Banking & Trust Company (BB&T) since 2007. She has also served as deposit services manager of BB&T since 2004. Ms. Goodrich is the immediate past-chair and current board member of the North Carolina Bankers Association. She joined BB&T in 1985 and has held the positions of retail services officer, financial center manager, mergers and acquisitions analyst, asset/liability management specialist, and deposits and corporate funding manager. She is a member of the Senior Leadership Team and serves on several committees, including the BB&T Market Risk and Liquidity Committee.

Member institutions in Virginia elected John C. Neal to a four year directorship term. Mr. Neal has served as president and director of Union First Market Bank since 2010. He also serves as chief banking officer of Union First Market Bankshares Corporation. From 2004 to 2010, he served as president and chief executive officer of Union Bank and Trust Company. Mr. Neal has served as Union First Market Bankshares Corporation's executive vice president and chief banking officer since 2005. Currently, Mr. Neal serves on the board of directors of the Benefits Corporation, a subsidiary of the Virginia Bankers Association. He also serves on the board of trustees of the Virginia Commonwealth University Foundation and the board of directors of the Fredericksburg Regional Alliance. He is a past board member and chairman of the Virginia Association of Community Banks.

FHLBank Atlanta also announced that member institutions re-elected F. Gary Garczynski to a four year term as a public interest independent director. Mr. Garczynski has been a director of FHLBank Atlanta since 2007 and has served on the Executive, Finance, Governance and Compensation, Enterprise Risk and Operations, and Housing and Community Investment Committees. Mr. Garczynski has served as president of National Capital Land and Development, Inc. since 1997. From 2005 to 2012, he served as chairman of the National Housing Endowment and previously served as the 2002 president of the National Association of Home Builders (NAHB). Mr. Garczynski also served as a member of the Prince William County Affordable Housing Task Force from 2009 to 2010. From 2010 to the present, he has served as an at-large urban member, gubernatorial appointee of the Virginia Commonwealth Transportation Board.

Member institutions re-elected LaSalle D. (Donney) Leffall, III to a four year independent directorship term. Mr. Leffall has been a director of FHLBank Atlanta since 2007 and has served on the Credit and Member Services, Enterprise Risk and Operations, Executive, Finance, and Housing and Community Investment Committees. He is president of LDL Financial, a corporate advisory and investment firm he founded in 2006. From 2002 to 2006, he was a senior executive of The NHP Foundation, one of the nation's largest nonprofit owners of affordable multifamily housing, and served as president, chief operating officer, and chief financial officer. In October and November 2008, he served as acting chief executive officer. From 1996 to 2002, Mr. Leffall was an investment banker in the mergers and acquisitions divisions of UBS and Credit Suisse First Boston in New York, New York. In 1992, Mr. Leffall began his career as an attorney in the corporate department of Cravath, Swaine & Moore in New York, New York. Mr. Leffall has served on the board of directors for Mutual of America Investment Corporation and Mutual of America Institutional Funds from 2011 through the present. He has also served on the board of directors of Lockhart Companies Incorporated, St. Thomas, U. S. Virgin Islands, since 2005. Mr. Leffall is a member of the Council on Foreign Relations, The Federal City Council, and The Economic Club of Washington, D.C.

About the Federal Home Loan Bank of Atlanta

FHLBank Atlanta offers competitively-priced financing, community development grants, and other banking services to help member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank's members—its shareholders and customers—are commercial banks, credit unions, savings institutions, community development financial institutions, and insurance companies located in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia. FHLBank Atlanta is one of 12 district banks in the Federal Home Loan Bank System, which since 1990 has contributed more than $4.6 billion to the Affordable Housing Program.

CONTACT: Sharon Cook Federal Home Loan Bank of Atlanta scook@fhlbatl.com (404) 888-8173
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