FHLBank of Dallas Appoints 2008 Advisory Council Members


DALLAS, Jan. 2, 2008 (PRIME NEWSWIRE) -- The Federal Home Loan Bank of Dallas (Bank) today announced the appointment of Cassie Hicks, Mark Allison and James Hargrove as new members of the Bank's Advisory Council. Darryl Swinton has been reappointed as a member of the Advisory Council. Other members include L. Lee Jones, Carrie Curet, Phillip Eide, Dianne Bolen, Mary Ann Chavez, Jay Czar, Jane Provo, Shari Flynn and Judy Loden.

The Advisory Council is comprised of 14 representatives from state, community and nonprofit organizations who advise the Bank's Board of Directors on affordable housing and economic development issues. The new three-year appointment terms begin January 1, 2008.

New Appointed Members


 * Ms. Hicks is coordinator of housing initiatives for the University
   of Southern Mississippi's Institute for Disability Studies, where
   she works with the institute's six housing initiatives to help
   advance home ownership rates in Mississippi. Ms. Hicks also is a
   member of the BancorpSouth Community Advisory Board, Hattiesburg
   Women's Forum and the United Way Funds Distribution Committee.

 * Mr. Allison is executive director of the Supportive Housing
   Coalition of New Mexico, where he oversees an array of supportive
   housing projects for the affordable housing development
   organization. Prior to his position with the Supportive Housing
   Coalition, Mr. Allison was deputy director of St. Martin's
   Hospitality Center in Albuquerque, New Mexico. Mr. Allison also
   serves as chairman of the New Mexico Housing Advisory Committee. He
   previously served as president of the Albuquerque Affordable
   Housing Coalition, and on the board of the Albuquerque Alliance to
   End Homelessness.

 * Mr. Hargrove is president and CEO of the Housing Authority of the
   City of Austin, which administers two Department of Housing and
   Urban Development contracts -- a Section 8 Housing Assistance
   Payment program, and the creation of a nonprofit subsidiary,
   Southwest Housing Compliance Corp. Mr. Hargrove also serves as
   secretary of the Austin Community College Foundation Board. He is
   past president of the Texas Chapter of the National Association of
   Housing and Redevelopment Officials. Prior to his work in the
   public housing sector, Mr. Hargrove spent 20 years in the U.S.
   Marine Corps.

Reappointed Member


 * Mr. Swinton is director of housing for Black Community Developers
   Programs Inc., which develops quality housing and promotes home
   ownership and economic growth among low-income, underserved
   Arkansas residents. In addition to being reappointed to the
   Advisory Council for a second term, Mr. Swinton also serves on the
   Little Rock (Arkansas) Community Housing Advisory Board, the
   Arkansas Land Bank Advisory Committee, and he is chairman of the
   Public Policy Commission for the Arkansas Coalition of Housing &
   Neighborhood Empowerment.

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 $58.9 billion as of September 30, 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 fhlb.com.

The Federal Home Loan Bank of Dallas logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3013



            

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