UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     
Date of Report (Date of Earliest Event Reported):   May 26, 2011

Federal Home Loan Bank of Topeka
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(Exact name of registrant as specified in its charter)

     
Federally Chartered Corporation 000-52004 48-0561319
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(State or other jurisdiction
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(Commission
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(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
One Security Benefit Pl. Suite 100, Topeka, Kansas   66606
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(Address of principal executive offices)
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(Zip Code)
     
Registrant’s telephone number, including area code:   785.233.0507

Not Applicable
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Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 26, 2011, the board of directors of the Federal Home Loan Bank of Topeka (FHLBank) elected Mark J. O’Connor, Vice President of FirstBank, Lakewood, Colorado, to fill the unexpired term of office of the vacant member directorship in the state of Colorado. Mr. O’Connor’s term began immediately upon election and will expire on December 31, 2013. Mr. O’Connor will serve on the board’s Housing & Governance and Risk Oversight committees and will be compensated in accordance with FHLBank’s 2011 Board of Directors Compensation Policy, further described in Item 11 of FHLBank’s 2010 Form 10-K.

The election of Mr. O’Connor took place in accordance with the rules governing the election of Federal Home Loan Bank directors specified in the Federal Home Loan Bank Act (Bank Act) and the related regulations of the Federal Housing Finance Agency (Finance Agency). Pursuant to the Bank Act and Finance Agency regulations, the majority of FHLBank’s directors, known as member directors, are elected by FHLBank’s membership in each state. The remaining directors, known as independent directors, are elected through district-wide elections. In the event of a vacancy on the board of directors for a member directorship, the board of directors of the FHLBank has the responsibility to fill the unexpired term of office of the vacant directorship.

In the normal course of its business, FHLBank extends credit to members whose officers or directors may serve as member directors of FHLBank. All loans extended by FHLBank to such members are on market terms that are no more favorable to them than the terms of comparable transactions with other members.






SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

         
    Federal Home Loan Bank of Topeka
          
June 1, 2011   By:   /s/ Patrick C. Doran
       
        Name: Patrick C. Doran
        Title: SVP, General Counsel