North Shore Bank President And CEO Jim McKenna Elected Vice Chairman Of Federal Home Loan Bank Of Chicago Board Of Directors
BROOKFIELD, Wis. - North Shore Bank today announced that President and CEO James F. McKenna has been elected vice chairman of the Board of Directors for the Federal Home Loan Bank of Chicago. McKenna was elected to the leadership position by the Board of the FHLB of Chicago, a government-sponsored enterprise that provides housing finance to more than 850 shareholder member commercial banks, savings institutions, credit unions and insurance companies in Illinois and Wisconsin.
McKenna, who has served on the Board of the FHLB of Chicago since 2004, will assume the vice chairman's role on Jan. 1.
"I'm honored to help guide the important work the Federal Home Loan Bank of Chicago does with its shareholder members, including nearly 300 banks and other financial institutions in Wisconsin," McKenna said.
About the Federal Home Loan Bank of Chicago
The Federal Home Loan Bank of Chicago is a government-sponsored enterprise providing housing finance to over 850 member commercial banks, savings institutions, credit unions and insurance companies in Illinois and Wisconsin. With more than $88 billion in assets, the Bank offers floating and fixed-rate loans, the Mortgage Partnership Finance preprogram and related products to finance home mortgage portfolios. The Bank also offers funding for affordable housing and community development activities.
