FOR IMMEDIATE RELEASE

Contact:

Corporate Communications
Federal Home Loan Bank of Dallas
www.fhlb.com
(214) 441-8445

FHLBank Dallas Announces Board of Directors Appointment

DALLAS, TEXAS, May 16, 2008  – The Federal Home Loan Bank of Dallas (Bank) is pleased to announce the appointment of Joseph F. Quinlan, Jr. to fill an open position on the Bank’s Board of Directors. 

Mr. Quinlan currently serves as Chairman of First National Banker’s Bank (a member of the Bank) and as Chairman, President and Chief Executive Officer of its privately held holding company, First National Banker’s Bankshares, Inc.  He also serves as Chairman of the Mississippi National Banker’s Bank and as Chairman of the Alabama Banker’s Bank.  Located in Baton Rouge, Louisiana, Mr. Quinlan will represent the State of Louisiana.

He will fill the unexpired term of Will C. Hubbard, an elected director who resigned from the Board in April.  Mr. Quinlan’s term as an elective director will expire on December 31, 2008.

Mr. Quinlan earned his B.B.A. in Finance from the University of Southern Mississippi and he attended Louisiana State University’s Graduate School of Banking.  He is a past president of the Community Bankers of Louisiana, as well as a past chairman of the Bankers Bank Council, the American Heart Association, and the Boy Scouts of America – District Council.

The Federal Home Loan Bank of Dallas is one of 12 district banks in the FHLBank System created by Congress in 1932.  The Dallas Bank, with total assets of $68.7 billion as of March 31, 2008, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to more than 900 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit the Bank’s web site at fhlb.com.

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