DALLAS, July 3, 2007 (PRIME NEWSWIRE) -- Robert C. Oberg has joined the Federal Home Loan Bank of Dallas (Bank) as Senior Vice President, Chief Risk Officer.
Mr. Oberg brings to the Bank 20 years of extensive financial services and risk management experience. At the Bank, he will be responsible for the oversight of the credit, market, and operational risk functions.
Most recently he served as senior vice president and head of Global Credit Risk at GMAC Financial Services, responsible for developing, implementing and assessing the company's quantitative and qualitative credit risk. Prior to working for GMAC, Mr. Oberg was senior vice president and chief risk officer of First Financial Bancorp, a publicly owned bank holding company, headquartered in Cincinnati, Ohio. He also held positions with SouthTrust Bank, Office of Thrift Supervision, and the Comptroller of the Currency. Mr. Oberg earned a Bachelor of Science degree in Economics from Oklahoma State University.
The Federal Home Loan Bank of Dallas is one of 12 district banks in the FHLBank System created by Congress in 1932. The Bank, with total assets of $53.3 billion as of March 31, 2007, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to more than 900 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit the Bank's website at www.fhlb.com.
The Federal Home Loan Bank of Dallas logo is available at http://www.primezone.com/newsroom/prs/?pkgid=3013