FHLBank Topeka (FHLBank) is pleased to announce the results of the 2022 Member and Independent Director Election. Elections for Member Directorships were conducted in Kansas, Nebraska and Oklahoma and elections for two Independent Directorships were conducted district wide. Please find the official report of election below. Five directors were elected to FHLBank’s board of directors:
Independent Director Election
- Thomas E. Henning, retired, Lincoln, Nebraska (Independent Director)
- Carla D. Pratt, Ada Lois Sipuel Fisher Chair in Civil Rights, Race, and Justice in Law, University of Oklahoma College of Law, Norman, Oklahoma (Independent Director)
Member Director Election
- Barry J. Lockard, President and CEO, Cornhusker Bank, Lincoln, Nebraska (Member Director)
- Douglas E. Tippens, Executive Vice President, BancFirst, Oklahoma City, Oklahoma (Member Director)
- Lance L. White; President and CEO; Bank of the Flint Hills; Wamego, KS (Member Director)
Mr. Henning does not currently serve as a director of FHLBank. Mr. Henning, now retired, served from 1990 to 2021, as Chairman, President, and CEO of Assurity Life Insurance Company.
Ms. Pratt does not currently serve as a director of FHLBank. Ms. Pratt currently serves as Ada Lois Sipuel Fisher Chair in Civil Rights, Race, and Justice in Law at the University of Oklahoma College of Law.
Mr. Lockard became a director of FHLBank in 2019. He currently serves as President and CEO of Cornhusker Bank.
Mr. Tippens became a director of FHLBank in 2015. He currently serves as Executive Vice President of BancFirst.
Mr. White does not currently serve as a director of FHLBank. He currently serves as President and CEO at Bank of the Flint Hills.
Pursuant to the Federal Home Loan Bank Act, as amended, and Federal Housing Finance Agency regulations, the majority of FHLBank’s directors, known as Member Directors, are elected by FHLBank’s membership in each state. To be eligible to serve as a Member Director, an individual must be a citizen of the United States and an officer or director of a member financial institution in that particular state that meets all minimum capital requirements. The remaining directors, known as Independent Directors and which include Public Interest Directors, must be citizens of the United States and bona fide residents of FHLBank’s district. To be elected, Independent Directors are required to receive at least 20 percent of the number of votes eligible to be cast in the election. Mr. Henning and Ms. Pratt received the required number of votes to be elected, receiving 46.1 and 37.9 percent, respectively, of the votes eligible to be cast. Each of the directors-elect will serve four-year terms beginning January 1, 2023 and expiring on December 31, 2026.
Questions about director elections should be directed to Matt Koupal, SVP, Chief Legal and Ethics Officer, Corporate Secretary, at 785.478.8080, or matt.koupal@fhlbtopeka.com.
2022 FEDERAL HOME LOAN BANK OF TOPEKA MEMBER AND INDEPENDENT DIRECTOR ELECTION RESULTS MEMBER DIRECTOR ELECTIONS
Kansas
Total number of eligible votes per directorship: 1,069,401
Eligible voting members: 212
Total number of members voting: 127
Elected – Lance L. White, President and CEO, Bank of the Flint Hills, Wamego, Kansas (Member Director)
Expiration of Term: December 31, 2026
Total number of votes cast for Mr. White: 381,100
Kelly R. Bauer, EVP/CFO; Fidelity Bank NA, Wichita, Kansas
Total number of votes cast for Mr. Bauer: 239,315
Terry W. Wright, Vice President of Mortgage Services, Envista Credit Union, Topeka, Kansas
Total number of votes cast for Mr. Wright: 124,301
Nebraska
Total number of eligible votes per directorship: 1,123,258
Eligible voting members: 174
Total number of members voting: 94
Elected – Barry J. Lockard, President and CEO, Cornhusker Bank, Lincoln, Nebraska (Member Director)
Expiration of Term: December 31, 2026
Total number of votes cast for Mr. Lockard: 606,619
David S. Fisher, President, Midwest Housing Development Fund, Inc., Omaha, Nebraska
Total number of votes cast for Mr. Fisher: 24,819
Richard R. Hrabchak, EVP, CFO and Chief Investment Officer, Mutual of Omaha Insurance Company, Omaha, Nebraska
Total number of votes cast for Mr. Hrabchak: 58,075
Oklahoma
Total number of eligible votes per directorship: 855,779
Eligible voting members: 184
Total number of members voting: 76
Elected – Douglas E. Tippens, Executive Vice President, BancFirst, Oklahoma City, Oklahoma (Member Director)
Expiration of Term: December 31, 2026
Total number of votes cast for Mr. Tippens: 302,274
Floyd E. Goode, SVP and Chief Lending Officer, TTCU Federal Credit Union, Tulsa, Oklahoma
Total number of votes cast for Mr. Goode: 70,371
M. Paige Miller, President and CFO, The First National Bank and Trust Company of Broken Arrow, Broken Arrow, Oklahoma
Total number of votes cast for Ms. Miller: 109,234
INDEPENDENT DIRECTOR ELECTION
Tenth District
Total number of eligible votes per directorship: 3,584,838
Eligible voting members: 678
Elected – Thomas E. Henning, retired, Lincoln, Nebraska
Total Votes Cast for Mr. Henning: 1,651,132
Total Number of Members Voting for Mr. Henning: 277
Public Interest Director: No
Qualifications: Mr. Henning has demonstrated experience in and knowledge of auditing and accounting, financial management, project development, organizational management, risk management practices, and the law.
Expiration of Term: December 31, 2026
Elected – Carla D. Pratt, Ada Lois Sipuel Fisher Chair in Civil Rights, Race, and Justice in Law, University of Oklahoma College of Law, Norman, Oklahoma
Total Votes Cast for Ms. Pratt: 1,360,055
Total Number of Members Voting for Ms. Pratt: 212
Public Interest Director: No
Qualifications: Ms. Pratt has demonstrated experience in and knowledge of auditing and accounting, financial management, project development, organizational management, risk management practices, and the law.
Expiration of Term: December 31, 2026
