FHLBank Pittsburgh Announces 2022 Board Election Results

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PITTSBURGH, November 17, 2022–(BUSINESS WIRE)–Federal Home Loan Bank of Pittsburgh (FHLBank) today announced the results of its 2022 election. Two new member directors from Delaware and West Virginia were elected, one outgoing member director was deemed re-elected in Pennsylvania and an Independent Director was re-elected. These newly elected directors will begin their four-year terms on January 1, 2023.

Newly elected directors

Delaware Member Director

From Delaware, a new Member Director was elected, Blanche L. Jackson, General Manager, Stepping Stones Community Federal Credit Union (Stepping Stones). Located in Wilmington, Delaware, Stepping Stones is a Designated Depository Institution for low-income minorities and a Community Development Financial Institution (CDFI). Ms. Jackson has over 20 years of experience in leading financial institutions, including ensuring access to affordable credit for members and the adequacy and strength of the credit union’s financial structure. She is also Treasurer of the Board of Inclusiv, a CDFI Certified Intermediary, and previously worked at the Delaware State Police Federal Credit Union, where she became Executive Vice President. Ms. Jackson holds a bachelor’s degree in finance from Wilmington University and holds several certifications, including Certified Chief Executive (CCE) – Credit Union Executive Society and Nationally Certified Compliance Officer (NCCO) – National Association of Federal Credit Union. Ms. Jackson was also recently elected to the board of the Cooperative Credit Union Association (CCUA), which represents credit unions in Delaware, Massachusetts, New Hampshire and Rhode Island.

West Virginia Membership Director

From West Virginia, a new member director was elected, H. Charles “Charlie” Maddy, III, CEO and President of Summit Community Bank. Summit Community Bank operates 45 full-service bank branches in West Virginia, Virginia and Kentucky. Mr. Maddy is also President, Chief Executive Officer and a member of the Board of Directors of Summit Financial Group, Inc., headquartered in Moorefield, West Virginia. With over 35 years of financial services experience, Mr. Maddy began his career as an accountant with Arnett & Foster. Since then, he has held leadership positions for numerous financial organizations, including the American Bankers Association, West Virginia Bankers Association, and Community Bankers of West Virginia. Mr. Maddy also served on the board of directors of FHLBank Pittsburgh. He earned his bachelor’s degree in business administration from Concord University and is a certified public accountant.

Re-elected outgoing directors

Pennsylvania Membership Director

The re-elected outgoing director is Jeane M. Vidoni, President and CEO, Penn Community Bank, Perkasie, Pennsylvania.

Independent Director

The re-elected outgoing Independent Director is Glenn R. Brooks, President, Leon N. Weiner & Associates, Inc. located in Wilmington, Delaware.

Other directors serving on the FHLBank Pittsburgh Board of Directors

In addition to the elected directors listed above, the FHLBank Pittsburgh Board of Directors for 2023 also includes: Barbara Adams, Pamela C. Asbury, Thomas Bailey, Romulo L. Diaz Jr., James V. Dionise, Angel L. Helm , Louise M. Herrle, Joseph W. Major, William C. Marsh, Brendan J. McGill, Thomas H. Murphy and Dr. Howard B. Slaughter Jr.

About FHLBank Pittsburgh

FHLBank Pittsburgh provides reliable funding and liquidity to its member financial institutions, which include commercial and thrift banks, community development financial institutions, credit unions, and insurance companies in Delaware, Pennsylvania, and Virginia. -Western. FHLBank products and resources help support community lending, housing, and economic development. As one of 11 federal home loan banks created by Congress, FHLBank has been an integral and trusted part of the financial system since 1932. To learn more, visit www.fhlb-pgh.com.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20221116006041/en/

contacts

Eric M. Slomer, FHLBank Pittsburgh, 412-288-7694, [email protected]

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