The Board of Directors 2008 election schedule is as follows:

June 18	Start of the 2008 Election of Federal Home Loan Bank of Dallas Directors. Nomination certificates are mailed to eligible member institutions in the voting states for 2008.
August 4	Nomination Deadline. Signed original Nomination Certificates must be received by the Federal Home Loan Bank of Dallas.
September 19	Nominee Acceptance Deadline. Candidates running for election must return the completed Eligibility Form to the Federal Home Loan Bank of Dallas.
October 3	Approximate date when ballots will be mailed to eligible member institutions in the designated voting states for 2008.
November 19	Voting Deadline. Signed original ballots must be received by the Federal Home Loan Bank of Dallas.
November 20	Tabulation of election results begins.
November 21	The Federal Home Loan Bank of Dallas announces the results of the 2008 Election of Federal Home Loan Bank of Dallas Directors. Statewide election results, including the total number of votes received by each candidate on the ballot, will be mailed to member institutions.

The Federal Home Loan Bank of Dallas is authorized to have 19 directors.  The Federal Housing Finance Board (Finance Board) appoints eight public interest directors, and the remaining 11 directorships are determined by statewide elections.

Each elective director must be an officer or director of a member institution located in the state holding the election, and represent a member institution that meets all of the the applicable minimum regulatory capital requirements as established by its regulatory agency.  Elective directors must certify annually to the Finance Board that they meet and will continue to meet all applicable eligibility requirements.  Additionally, elective directors must be citizens of the United States.

The Chair and Vice Chair of the Board of Directors are elected by a majority of all directors for a term of two years.

Additional information relating to the Board of Directors is contained in the Legislative and Regulatory Update and the Governance sections of fhlb.com.

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