The Federal Home Loan Bank of Chicago announced the results of the 2025 election of directors for member institutions in Illinois and Wisconsin.
Directors' 4-year terms will begin on January 1, 2026, and end on December 31, 2029.
Key director positions were filled by prominent individuals from the banking and financial sectors.
Elected Directors
James H. Hegenbarth and Bradley J. Schroeder were elected as Wisconsin member directors, while Phyllis Lockett and Mary R. Wright were elected as independent directors.
- The election results showcase the strong involvement and commitment of member institutions in shaping the governance of FHLBank Chicago.
- The diverse backgrounds and expertise of the elected directors are expected to enhance the strategic decisions and initiatives of the bank.
The successful election process highlights the importance of stakeholder participation and the democratic governance structure of the Federal Home Loan Bank of Chicago.