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 12, 2014

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

     
Federally Chartered Corporation 000-51405 71-6013989
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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.)
      
8500 Freeport Parkway South, Suite 600, Irving, Texas   75063-2547
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(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   214-441-8500

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 April 24, 2014, the Board of Directors of the Federal Home Loan Bank of Dallas ("Bank"), acting upon a recommendation from its Compensation and Human Resources Committee, approved a special bonus for Paul Joiner in the amount of $150,000, subject to the review of the Federal Housing Finance Agency ("Finance Agency"). On May 12, 2014, the Finance Agency informed the Bank that it did not object to the payment of this special bonus. The Board of Directors approved the special bonus in recognition of Mr. Joiner’s service as the Bank’s Interim President and Chief Executive Officer from September 17, 2013 through May 11, 2014.






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 Dallas
          
May 14, 2014   By:   /s/ Tom Lewis
       
        Name: Tom Lewis
        Title: Senior Vice President and Chief Accounting Officer