FOR IMMEDIATE RELEASE

Contact:

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

FHLBank of Dallas Appoints 2009 Advisory Council Members

DALLAS, TEXAS, February 3, 2009– The Federal Home Loan Bank of Dallas (Bank) is pleased to announce the appointment of Nancy Cates, Maureen Clary and Deborah Webster as new members of the Bank’s 2009 Advisory Council.  *Carrie Curet, Shari Flynn and L. Lee Jones have been reappointed as members of the Advisory Council.  Other members include Mark Allison, Dianne Bolen, Jay Czar, Phillip Eide, James Hargrove, Cassie Hicks, Jane Provo and Darryl Swinton.

The Advisory Council is comprised of 14 representatives from state, community and nonprofit organizations who advise the Bank’s Board of Directors on affordable housing and economic development issues. The new three-year appointment terms began January 1, 2009.

New Appointed Members

• Ms. Cates serves as Director of Development for the Mary Lee Foundation, an Austin, Texas-based group that provides opportunities, training and support for women with mental disabilities.  Prior to joining the foundation, Ms. Cates was a lobby firm partner with Texas Stakeholders in Austin, Texas, where she helped develop the message and action plans for client issues being discussed in legislative session or by state agencies. 
  
  
• Ms. Clary has been President and Chief Executive Officer of Habitat for Humanity St. Tammany West in Mandeville, Louisiana, for the past two years.  Prior to joining the organization, Ms. Clary spent 22 years in commercial real estate and development, most recently as executive vice president of Latter & Blum Property Management.  Ms. Clary also serves on the Louisiana Housing Finance Agency Board of Commissioners, the National Affordable/Workforce Housing Council for the Urban Land Institute and the West St. Tammany Chamber of Commerce.
• Ms. Webster is a lead consultant for Concept Consulting Group, LLC (CCG), in Albuquerque, New Mexico, which assists housing organizations and agencies with the planning and development of affordable housing and economic development projects.  Prior to joining CCG, Ms. Webster spent seven years as the director of the Native American Program for Enterprise Community Partners.  She serves on the Board of Directors of Homewise, Inc. and on the Advisory Committee of the New Mexico Mortgage Finance Authority.

Reappointed Members

• *Ms. Curet is the loan committee chair for Southern Mutual Help Association in New Iberia, Louisiana.   She is also the Community Development Officer for IberiaBank, and serves as a member of its Corporate Compliance and CRA Committee.   Ms. Curet has served on the Bank’s Advisory Council for six years, and currently serves as chair.  She is a member of the St. Martinville Chamber of Commerce and also serves on the boards of the Iberia Development Foundation and the Neighborhood Housing Services in New Orleans.
  
  
• Ms. Flynn is Executive Director of the Lubbock Housing Finance Corporation in Lubbock, Texas, where she oversees programs such as single-family bond programs, down payment assistance programs, homebuyer and financial literacy workshops and other programs.  Previously, she served as Assistant Vice President at Lubbock National Bank.  Ms. Flynn also serves on the Board of Directors of the Texas Association of Local Housing Finance Agencies.
  
  
• Mr. Jones is Executive Director of Neighborhood Builders Inc. (NBI), a not-for-profit organization in Little Rock, Arkansas, that specializes in affordable housing development and neighborhood revitalization projects.  Under his leadership, NBI has redeveloped or created more than 350 units of mixed-income, multi-family housing.  Prior to joining NBI, Mr. Jones served as executive director of the Little Rock Housing Authority for 11 years. 
  
  

The Federal Home Loan Bank of Dallas is one of 12 district banks in the FHLBank System created by Congress in 1932.  The Bank, with total assets of $85.7 billion as of September 30, 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.

*Editors Note: As of February 10, Carrie Curet no longer serves on the Federal Home Loan Bank of Dallas Advisory Council.

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