How to Become a Board Member

If you are interested in serving as an FHLBank Director, we would like to hear from you! Submit this brief survey to tell us about your interest.

Please note: Submitting this survey does not serve as an official nomination or application.

Interest Survey

 

Certifications and Applications

Member Director candidates are nominated by FHLBank members and are elected on a state-by-state basis. After nomination, member director candidates must submit a completed Member Director Eligibility Certification Form provided below.

Independent Director candidates are elected at large by all FHLBank members and individuals who would like to be considered for candidacy must submit a completed Independent Director Application Form provided below. Independent Directors must possess certain regulatorily-defined qualifications.

Nominations must be received in the manner specified by FHLBank during the nominations period of each election year. The nomination period for directorships up for election in 2022 with terms beginning January 1, 2023, opens June 21, 2022. 

FHLBank Topeka Information >>>
FHLBank Code of Ethics >>>
Member Director Eligibility Certification Form >>>
Independent Director Application Form >>>

The Importance of Diversity in Nominations

FHLBank views diversity as a business imperative and seeks to advance diversity, equity and inclusion across all levels of its business, including its board of directors. FHLBank strongly encourages the consideration of diversity in nominating individuals for member and independent director positions on the board of directors. 

Learn more about our dedication to Diversity and Inclusion >>>
 

Member Directors vs. Independent Directors

FHLBank Topeka’s board of directors is comprised of both Member Directors and Independent Directors, and the Director of the Federal Housing Finance Agency determines the size and composition of the board. Independent Directors must make up at least 40 percent of the board’s membership.
 

Member Directors: serve as an officer or director of a member that is located in FHLBank’s district.
 

Independent Directors: have knowledge of or experience in one or more of the following areas: auditing and accounting, derivatives, financial management, organizational management, project development, risk management practices and the law.
 

Public Interest Independent Directors: Each year, the board designates several Independent Directorships to serve as Public Interest Independent Directorships. Public Interest Independent Directors must additionally have more than four years of experience representing consumer or community interests in banking services, credit needs, housing or consumer financial protection. At all times, FHLBank will have at least two public interest independent directorships.​

See Full Description of Director Eligibility _{12 C.F.R. § 1261.5} >>>

See Full Director Qualification Requirements _{12 C.F.R. § 1261.7}(d)-(e) >>>