UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 2, 2020
FEDERAL HOME LOAN BANK OF CHICAGO
(Exact name of registrant as specified in its charter)
| Federally chartered corporation | 000-51401 | 36-6001019 | ||||||
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
| 200 East Randolph Drive Chicago, Illinois | 60601 | |||||||
| (Zip Code) | ||||||||
| (Address of principal executive offices) | ||||||||
(312) 565-5700
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 2, 2020, the Federal Home Loan Bank of Chicago (the “Bank”) received notification from Charles D. Young that he is resigning from the Bank’s Board of Directors (the “Board”), effective December 31, 2020. Mr. Young informed the Bank that he has resigned due to personal reasons and not because of any disagreement with the Bank. Mr. Young has served on the Board as an independent director since August 19, 2015, and the term to which he was most recently re-elected to serve is scheduled to expire on December 31, 2024. The Board will appoint another independent director to fill Mr. Young’s unexpired term in accordance with the rules governing the election of Bank directors. For more information on the required qualifications for independent directors, see “Nomination of Independent Directors” starting on page 82 of the Bank’s 2019 Annual Report on Form 10-K.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| FEDERAL HOME LOAN BANK OF CHICAGO | ||||||||
| Date: December 8, 2020 | By: /s/ Laura M. Turnquest | |||||||
| Laura M. Turnquest Executive Vice President, General Counsel and Corporate Secretary | ||||||||