UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
(Amendment No. 1)
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 6, 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. [ ]
Explanatory Note
On November 6, 2020, the Federal Home Loan Bank of Chicago (the “Bank”) announced James T. Ashworth, Michelle L. Gross, Joseph Fazio, III, Mary J. Cahillane, and Charles D. Young had been re-elected to the Bank’s Board of Directors (“Board”) and reported this information on the Bank’s Form 8-K filed on November 6, 2020 (“Original 8-K”). On December 8, 2020, the Bank reported on Form 8-K that Mr. Young has resigned from the Board due to personal reasons, effective as of December 31, 2020.
At the time of filing the Original 8-K, the committees of the Board to which directors would be named for 2021 had not yet been determined. The Bank is filing this Amendment No. 1 on Form 8-K/A to supplement the Original 8-K to report Board committee assignments for 2021.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
d) Election of Directors
Board Chairperson and Vice Chairperson
The Board previously elected John K. Reinke to serve as Chairperson and James T. Ashworth to serve as Vice Chairperson of the Board for 2020-2021.
Board Committee Assignments
On December 11, 2020, the Board approved the following committee assignments for its directors for 2021:
Executive and Governance Committee
Primary Members:
John K. Reinke, Chairperson
James T. Ashworth, Vice Chairperson
Mary J. Cahillane
Michelle L. Gross
Lois Alison Scott
Michael G. Steelman
Alternate Members:
Edward P. Brady
Phyllis Lockett
David R. Pirsein
Gregory A. White
Affordable Housing Committee
Edward P. Brady, Chairperson
Leo J. Ries, Vice Chairperson
Joseph Fazio III
Mark J. Eppli
Daniel G. Watts
Audit Committee
Lois Alison Scott, Chairperson
James T. Ashworth, Vice Chairperson
Mary J. Cahillane
Joseph Fazio III
James H. Hegenbarth
Daniel G. Watts
Gregory A. White
Public Policy Committee
Gregory A. White, Chairperson
David R. Pirsein, Vice Chairperson
Edward P. Brady
David J. Loundy
Michael G. Steelman
Human Resources and Compensation Committee
Michelle L. Gross, Chairperson
Phyllis Lockett, Vice Chairperson
James T. Ashworth
James H. Hegenbarth
Michael G. Steelman
Risk Management Committee
Mary J. Cahillane, Chairperson
Mark J. Eppli, Vice Chairperson
Michelle L. Gross
Lois Alison Scott
Ty R. Taylor
Operations and Technology Committee
David R. Pirsein, Chairperson
Phyllis Lockett, Vice Chairperson
David J. Loundy
Leo J. Ries
Ty R. Taylor
The Chairperson of the Board is an ex officio member of each committee of the Board (other than the Executive and Governance Committee), as a voting member.
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 15, 2020 | By: /s/ Laura M. Turnquest | |||||||
| Laura M. Turnquest Executive Vice President, General Counsel and Corporate Secretary | ||||||||