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8-K - Federal Home Loan Bank of Chicagorrd291633.htm

EXHIBIT 99.1

November 18, 2010

TO:    Member Institutions in Illinois and Wisconsin 
RE:    Results of 2010 Election of Federal Home Loan Bank of Chicago Member Directors 

     The Federal Home Loan Bank of Chicago is pleased to announce the results of the 2010 election of Federal Home Loan Bank member directors for member institutions in Illinois and Wisconsin. The member directors’ terms will begin on January 1, 2011.

Illinois – Two Member Directors

 
 
Number of Members Eligible to Vote        519 
Number of Members Casting Votes        247 
Total Eligible Votes for Each Directorship        3,544,588 
 
 
        Votes 
        Received 
 
Lehmann, Roger L.    The Harvard State Bank    1,127,131 
President, CEO & Chairman    Harvard, IL     
Term Expires: December 31, 2014         
Four year term)         
 
Steelman, Michael G.    Farmers & Merchants State Bank    1,268,590 
Chairman & CEO     of Bushnell     
Term Expires: December 31, 2014    Bushnell, IL     
(Four year term)         


Wisconsin – One Member Director

 
 
Number of Members Eligible to Votes        271 
Total Eligible Votes for Each Directorship        2,117,420 
 
 
Sennholz, William W.    Forward Financial Bank    Declared Elected 
President & CEO    (f/k/a Marshfield Savings     
Term Expires: December 31, 2014       Bank)     
(Four year term)    Marshfield, Wisconsin     

     Enclosed for your information is a complete list of the voting results for the Seventh District. Thank you for participating in this year's election process. Your contribution ensures sound representation on our board of directors for the mutual benefit of the Bank and its member-stockholders.

Sincerely,

/s/ Peter E. Gutzmer

Peter E. Gutzmer
Executive Vice President,
General Counsel &
Corporate Secretary


    FEDERAL HOME LOAN BANK OF CHICAGO     
                                                                         RESULTS OF THE 2010 ELECTION OF FEDERAL     
    HOME LOAN BANK OF CHICAGO     
    MEMBER DIRECTORS     
 
        ILLINOIS         
 
NAME             VOTES       DOCKET #    INSTITUTION    CITY 
 
*Lehmann, Roger L.             1,127,131    14315    The Harvard State Bank    Harvard 
 Monte, Todd G.             201,004    17624    Lakeside Bank    Chicago 
*Steelman, Michael G.             1,268,590    13394    Farmers & Merchants    Bushnell 
             State Bank of Bushnell     
 
Total Number of Votes Cast             2,596,725             

WISCONSIN
 
NAME    VOTES    DOCKET #    INSTITUTION    CITY 
 
*Sennholz, William W.    Declared Elected    01781    Forward Financial Bank    Marshfield 
            (f/k/a Marshfield Savings     
             Bank)     

* Elected to serve on the Board of Directors of the Federal Home Loan Bank of Chicago as a Member Director