Skip Navigation
FHLB Dallas Home

Director Elections

Federal Home Loan Bank of Dallas Director Guidelines

The Federal Home Loan Bank of Dallas (FHLB Dallas) is authorized to have 14 directors: eight member directors and six independent directors. Member directors are selected through a state-by-state nomination and election process within the Federal Home Loan Bank of Dallas District. Independent directors are nominated by the FHLB Dallas' Board of Directors and elected at large through a process in which ballots are sent to all members in FHLB Dallas' five-state District.

FHLB Dallas Member Director Eligibility

Each FHLB Dallas member director and nominee must be an officer or director of a member institution located in the state for which the Federal Housing Finance Agency (FHFA) has allocated an open directorship and must represent a member institution that meets all minimum capital requirements established by its regulatory agency. Member directors must certify annually to the FHFA that the institution they represent meets all applicable minimum capital requirements. Additionally, member directors and nominees must be citizens of the United States.

Independent Director Elections

On approximately June 29, 2026, the Federal Home Loan Bank of Dallas will announce the start of the 2026 Election of Federal Home Loan Bank Directors. If you are interested in serving as an independent director, please see below. 

As prescribed in 12 C.F.R. § 1261.5(c), an individual may be eligible to serve as an independent director if the individual is (1) a citizen of the United States and (2) a bona fide resident of a state in FHLB Dallas' district. As is the case with nominees for member directorships, a nominee for an independent directorship that is an incumbent director is not eligible to serve if (1) the nominee’s current term will not expire before the new term of office would begin, or (2) the nominee has been elected to three consecutive full terms (as defined in Section 1261.5(d)(2) of the Regulations) and has served for all or part of each such term. Also, a nominee that is a former director who has been elected to three consecutive full terms (as defined in Section 1261.5(d)(2) of the Regulations) and has served for all or part of each such term is not eligible for election to a term that begins earlier than two years after the expiration of the individual’s last term.

Any individual who wishes to be considered for an independent directorship must deliver to FHLB Dallas an executed Independent Director Application form prescribed by the Finance Agency. Please complete the Independent Director Application which can be found on the FHFA’s website.

Nominees for independent directorship may submit their applications by mail or email to the attention of Bre Chapman, 8500 Freeport Parkway South, Suite 100, Irving, TX 75063 or at brehan.chapman@fhlb.com.

Applications must be received by 5:00 p.m. (CDT) on Wednesday, July 29, 2026, to be considered.

The Board of Directors 2026 Election Schedule for Member Directors is as follows:
 

Thursday,
April 23

  


Approximate date Corporate Secretary will address the Board to decide (i) whether the Board wants to  perform an assessment of the skills and experience of current Directors and to determine whether the capabilities of the Board would be enhanced through the addition of individuals with particular skills and experience; (ii) how to make the foregoing decisions (by the full Board acting alone or acting on the Executive and Governance Committee’s recommendation); and (iii) if the Board decides to perform the assessment described  in (i) above, whether the Board wants to communicate such determination in its announcement of elections and in the materials mailed with ballots. If the Board determines to proceed with any of (i) through (iii), then scheduling a meeting(s) of the Board and/or Executive and Governance Committee is required.  
     


Monday,
June 29

   Approximate date of announcement of the 2026 Director Elections of Federal Home Loan Bank of Dallas Member Directors.  Nomination certificates are sent to eligible stockholders in the voting states for 2026. 
     


Wednesday,
July 29

   Nomination deadline. Signed, original Nomination Certificates must be received by the Federal Home Loan Bank of Dallas.  
     


Friday,
July 31

   Eligibility Certifications are sent to nominees via FedEx.
     


Friday,
August 28

   Nominee Acceptance Deadline.Candidates running for election must return the original completed Eligibility Certification to the Federal Home Loan Bank of Dallas. 
     


Monday,
September 14

   Approximate date SBS will send ballots via email addresses to eligible stockholders in the designated voting state(s) for 2026.
     


Tuesday,
October 27

   Voting deadline.
     


Wednesday,
October 28

   Tabulation of election results begins.
     


Monday,
November 2

  


The Federal Home Loan Bank of Dallas will notify the candidates and the FHFA the results of the 2026 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 posted to the Bank’s website and mailed to stockholders, each nominee and FHFA. 

 

The Board of Directors 2026 Election Schedule for Independent Directors is as follows:

 

Thursday,
April 23

  


Approximate date Corporate Secretary will address the Board to decide (i) whether the Board wants to perform an assessment of the skills and experience of current Directors and to determine whether the capabilities of the Board would be enhanced through the addition of individuals with particular skills and experience; (ii) how to make the foregoing decisions (by the full Board acting alone or acting on the Executive and Governance Committee’s recommendation); and (iii) if the Board decides to perform the assessment described in (i) above, whether the Board wants to communicate such determination in its announcement of elections and in the materials mailed with ballots. If the Board determines to proceed with any of (i) through (iii), then scheduling a meeting(s) of the Board and/or Executive and Governance Committee is required.  
     


Monday,
June 29

   Approximate date of announcement of the 2026 Director Elections of Federal Home Loan Bank of Dallas Independent Directors to stockholders, members of the Advisory Council, and to any individuals identified by the Board. 
     


Wednesday,
July 29

  

Deadline for applications to be returned to the Federal Home Loan Bank of Dallas.
     


Monday,
August 3

  

Executive & Governance Committee meets to review qualifications of applicants, determine their eligibility under the regulations (including eligibility as public interest directors, if applicable), and, to the extent necessary, schedule interviews with eligible applicants.
     


Friday,
August 7

  

Approximate date Executive and Governance Committee will meet with eligible applicants (if applicable).
     


Friday,
August 7

   Approximate date Chairman of the Executive and Governance Committee meets with the Advisory Council to consult regarding applicants.
     


Monday,
August 10

  

Approximate date Executive and Governance Committee meets to determine and to recommend to the Board the nominee(s) for independent directorships and the Board will finalize list of nominee(s) to be sent to Finance Agency.
     


Tuesday,
August 11

  

Submit list of nominee(s) and completed application(s) to Finance Agency.
     


Monday,
September 14

   Approximate date SBS will send ballots via email addresses to stockholders.
     


Tuesday,
October 27

   Voting deadline.
     


Wednesday,
October 28

   Tabulation of election results begins.
     


Monday,
November 2

   The Federal Home Loan Bank of Dallas will notify the candidates and the FHFA the results of the 2026 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 posted to the Bank’s website and mailed to stockholders, each nominee and FHFA.