• Overview
• Facts at a Glance
• Financial Reports
• 2006 Advisory Council Annual Report
• Governance
• Investor Relations
• Capital Plan
• Glossary
• Bank Employment 
• Contact Us
• HIPPA Disclosure Practices

Overview

The Bank is wholly owned by member financial institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. The Bank does not lend directly to the public, but provides low cost funds to its member institutions. Eligible members are financial institutions, regardless of size, with at least 10 percent of their assets in residential mortgage loans, or any FDIC-insured institution with average total assets over the preceding three year period of less than $500 million adjusted annually.

The Bank's primary goal is to provide credit and other services to help members fund housing, small business, small agri-business and economic and community development loans in their communities.  Bank advances (loans) supplement local deposits as a source of funds for members. The Bank also provides other financial and operational support services, including securities safekeeping, overnight and term deposit programs, and wire transfer services.

The Bank also supports the expansion of affordable housing opportunities and community revitalization through specialized community investment and affordable housing advances and grant programs. The Bank contributes a percentage of its net income each year to an Affordable Housing Program which provides subsidized advances and grants for community housing programs initiated by the Bank's members. The Bank also offers advances at below normal interest rates for community reinvestment activities through the Bank's Community Investment and Economic Development Programs.

The Bank's headquarters is located in the Las Colinas area of the Dallas/Fort Worth metroplex.

Our story provides more information on the Bank's past, present, and future.

Governance

At the Federal Home Loan Bank of Dallas, we believe that good corporate governance is more than a requirement -- it is the right way to do business.  These practices are essential to fulfilling the Bank's mission to support homeownership, affordable housing, and community lending by providing a readily available, low-cost source of funds to its member institutions.

The Dallas Bank's Board of Directors is accountable to the shareholders and other stakeholders to ensure that the Bank is managed in a safe and sound manner, and with an appropriate balance between financial performance and fulfillment of its public purpose.  The Board typically meets in person at least seven times a year, and periodically by telephone.  In addition to an Executive Committee, the Board has five standing committees that permit smaller teams to conduct detailed reviews of specific areas of operation.  The Board views good governance as a journey, rather than a destination, and is committed to the regular review and enhancement of the Bank's governance practices.

For additional information about the Bank's governance practices, visit the following links:

Corporate Governance Principles
Executive Leadership
Director Elections
Conflict of Interest Policy for Bank Directors
Code of Conduct and Ethics
Code of Ethics for Senior Financial Officers
Corporate By-Laws

Federal Housing Finance Board -- the independent Washington, D.C. -based regulator of the Federal Home Loan Bank System.

Office of Finance -- the debt securities issuance and servicing operation of the Federal Home Loan Bank System.

Council of Federal Home Loan Banks -- a trade association dedicated to enhancing public awareness and understanding of the FHLBank System.

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Capital Plan

Download a summary of the major provisions of the Bank's Capital Plan or the complete Capital Plan.

The Capital Stock Repurchase and Redemption Form must be used when making a request.

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Bank Employment

Career Opportunities

Visit our Career Opportunities link for information about current openings.

Equal Opportunity

The Bank provides equal employment opportunity to all individuals without regard to race, religion, color, sex, age, marital status, ancestry, veteran status, disability or national origin. The Bank will consider for employment all persons on an individual basis consistent with job related criteria without regard to visible and nonvisible disabilities. Equal opportunity applies to all employment practices, including recruitment, screening, and hiring, compensation and training, and all other conditions and privileges of employment.

Corporate Culture

The employees of the Federal Home Loan Bank of Dallas recognize that the Bank will most effectively meet its objectives if they commit themselves to the following principles:

1. Service to our customers is first and foremost.
2. All business will be conducted honestly and ethically.
3. Each employee contributes to customer service by directly serving our customers or supporting those who do.
4. Interaction with customers should focus on building professional relationships and helping customers achieve their goals.
5. Cooperation and teamwork throughout and across all levels of the Bank are essential to our effectiveness.
6. Colleagues and customers will be treated with the same respect and dignity we want them to extend to us.

Employee Benefits

The Bank believes in the health and well-being of its employees and provides comprehensive and competitive benefits to attract and retain the best employees.

Note: This listing of benefits is subject to change without notice.

HIPAA Disclosure Practices

The following information describes the Bank's privacy practices regarding HIPAA.

• Summary of Privacy Practices
• Notice of Privacy Practices

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