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8-K - LIVE FILING - Federal Home Loan Bank of Topeka | htm_46660.htm |
FHLBank Topeka Member and Independent Director Election Results
FHLBank Topeka (FHLBank) is pleased to announce the results of the 2012 Member and Independent Director Election. Elections for member directorships were conducted in Colorado and Kansas and an election for the independent directorship was conducted district-wide. Please find the official report of election below. Three directors were elected to FHLBanks board of directors:
Independent Director Election
| Neil F.M. McKay, Retired, Former CFO and Treasurer, Capitol Federal Savings |
Member Director Election
| Thomas H. Olson, Jr., CEO, Points West Community Bank, Julesburg, Colorado |
| L. Kent Needham, Chairman, President and CEO, The First Security Bank, Overbrook, Kansas |
Mr. McKay became a director of FHLBank in 2007. Mr. McKay, retired, served as the CFO or Controller of a financial institution for 25 years.
Mr. Olson is a new member director from the state of Colorado. Mr. Olson currently serves as CEO of Points West Community Bank, Julesburg, Colorado.
Mr. Needham is a new member director from the state of Kansas. Mr. Needham currently serves as Chairman, President and CEO of The First Security Bank, Overbrook, Kansas.
Questions about director elections should be directed to Patrick C. Doran, Senior Vice President and General Counsel, at 785.438.6054, or pat.doran@fhlbtopeka.com.
2012 Federal Home Loan Bank of Topeka
Member and Independent Director Election Results
Member Director Elections
Colorado
Total Number of Eligible Votes per Candidate 527,687
Eligible Voting Members 124
Total Number of Members Voting 42
Elected Thomas H. Olson, Jr., CEO, Points West Community Bank, Julesburg, CO
Total Votes Cast for Mr. Olson 139,915
Expiration of Term December 31, 2016
John A. Sneed, CEO, FMS Bank, Fort Morgan, CO
Total Votes Cast for Mr. Sneed 68,244
Kansas
Total Number of Eligible Votes per Candidate 1,131,453
Eligible Voting Members 274
Total Number of Members Voting 132
Elected L. Kent Needham, Chairman, President and CEO, The First Security Bank, Overbrook, KS
Total Votes Cast for Mr. Needham 456,737
Expiration of Term December 31, 2016
James L. Richardson, Chairman and CEO, Farmers National Bank, Stafford, KS
Total Votes Cast for Mr. Richardson 120,489
Independent Director Elections
Tenth District
Total Number of Eligible Votes per Candidate 3,286,584
Eligible Voting Members 832
Elected Neil F.M. McKay, Retired, Former CFO and Treasurer, Capitol Federal Savings
Total Votes Cast for Mr. McKay 1,062,605
Total Number of Members Voting for Mr. McKay 239
Public Interest Director No
Qualifications Mr. McKay has demonstrated experience in and knowledge of auditing and accounting,
derivatives, financial management, organizational management, project development and risk
management practices.
Expiration of Term December 31, 2016